Property profile

121 St Nomad New York, NY 10016

OFF-MARKET
Retail properties & Spaces
3,175 SF
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Property summary

AI-generated overview

This exceptional retail opportunity is located at 121 Madison Avenue, between 30th and 31st Streets in the vibrant Nomad neighborhood of New York City (zip code 10016). The property offers a total of 3,175 square feet of commercial space, currently entirely vacant and available for lease. This presents a unique chance for businesses seeking flexible space options in a high-traffic area. Multiple tenancy is possible, with spaces divisible to a minimum of 1,000 square feet and a maximum contiguous space of 2,175 square feet. The building's location within New York County ensures excellent visibility and accessibility for customers. This prime retail space is ideal for a variety of businesses seeking a prominent presence in one of Manhattan's most dynamic and sought-after neighborhoods. The property's central location offers easy access to public transportation, making it convenient for both employees and customers. The entire 3,175 square feet is currently available, providing an opportunity for a single large tenant or multiple smaller tenants to establish their businesses in this thriving area. Interested parties are encouraged to inquire about lease terms and availability. This is a rare opportunity to secure a significant retail presence in a highly desirable location.

Property profile

Verified
Property type Retail properties & Spaces
Total area 3,175 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
  • Church
  • Psychotherapist
  • Photography Service (Bike/Boat/Book/etc) Store
  • Student Housing Center
  • Social Service Agency Charitable Organization

Location

121 St Nomad New York, NY 10016
New York metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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by Request
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Comparable Approach Comparable
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Blend (final) Blend
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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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