Property profile

420 Park Ave New York, NY 10016

OFF-MARKET
Retail properties & Spaces
3,200 SF
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Property summary

AI-generated overview

This exceptional 3,200-square-foot retail space is ideally situated at 420 Park Avenue South in the vibrant Midtown South neighborhood of New York City, NY 10016. The property offers a single-tenant occupancy opportunity, providing a blank canvas for a discerning business to establish its presence in a high-traffic area. The entire space is currently vacant, allowing for complete customization to suit the tenant's specific needs and brand identity. The address boasts excellent visibility and accessibility, benefiting from high pedestrian and vehicular traffic. This location is perfect for a variety of retail concepts, from flagship stores to unique boutiques. The property's size makes it suitable for a wide range of businesses seeking a prominent and well-located space in one of Manhattan's most dynamic commercial districts. The building offers a unique opportunity to establish a strong retail presence in a highly sought-after area. This is a rare chance to secure a significant retail space in a prime Manhattan location. The property is classified as commercial retail and is available for lease. Its convenient location and ample square footage make it an attractive option for businesses seeking a high-profile presence in New York City. Interested parties are encouraged to inquire for further details and leasing information.

Property profile

Verified
Property type Retail properties & Spaces
Total area 3,200 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
  • Bar & Pub
  • Bar & Pub Nightclub
  • Event Planning Wedding Service
  • Hotel & Motel
  • Restaurant

Location

420 Park Ave New York, NY 10016
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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