1St Ave New York, NY 10022
- Retail properties
Current Use by Public Records
- Retail properties
Property Details for 0 1St Ave
- Year built
- 1900
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional commercial property, located on 1st Avenue in New York, NY 10022, presents a unique investment opportunity. The building, constructed in 1900, is a four-story structure featuring a desirable Class C designation. The property offers a total of 3700 square feet of space, strategically divided between 2200 square feet on the ground floor and an additional 1500 square feet in the basement. The ground floor boasts attractive glass frontage, ideal for maximizing street-level visibility and attracting customers. Previously configured as a restaurant, the space includes valuable existing features such as walk-in refrigerators, a commercial kitchen hood system, and a restroom. The single-tenant occupancy provides flexibility for a variety of uses, and the landlord is open to considering diverse business proposals. The building is equipped with elevators, adding convenience for both occupants and customers. This property's prime location in New York City, combined with its versatile layout and existing infrastructure, makes it an attractive prospect for a wide range of businesses seeking a well-established presence in a bustling urban environment. The property's traditional office subtype offers a blend of classic charm and modern functionality.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New York
- County
- Saratoga
- State
- New York
- Longitude
- -73.9622
- Latitude
- 40.7593
