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    OFF-MARKET
    Retail properties & Spaces

    420 Park Ave, New York, NY 10016

    3,200 SF
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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