Property profile

278 7Th Ave New York, NY 10001

OFF-MARKET
Retail properties & Spaces
12,685 SF
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Property summary

AI-generated overview

This exceptional 2,388 square foot flex space, part of a larger 12,685 square foot building at 278 7th Avenue in Manhattan's Chelsea neighborhood, presents a unique opportunity for businesses seeking a versatile and strategically located property. The space boasts a generous 19-foot ceiling height, providing ample room for various configurations and uses. The building itself is classified as both retail and industrial, offering flexibility in permitted operations. With 84 feet of frontage, the property enjoys excellent street visibility, ideal for retail or businesses requiring high foot traffic. Currently, this single-suite space is available for lease within a multi-tenant building located in New York County, New York, zip code 10001. The address is 278 7th Avenue, New York, NY. This prime location offers easy access to major transportation arteries and is situated within a vibrant and dynamic commercial district. The property's versatility makes it suitable for a wide range of businesses, from creative agencies to light manufacturing or distribution. This is a rare opportunity to secure a well-positioned, spacious, and adaptable commercial space in the heart of New York City. Inquire today to learn more about this exceptional property.

Property profile

Verified
Property type Retail properties & Spaces
Total area 12,685 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Nightclub DJ & Entertainment
  • Restaurant

Location

278 7Th Ave New York, NY 10001
New York metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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