421 7Th Ave, New York, NY 10001
This exceptional retail opportunity is located at 421 7th Avenue, New York, NY 10001, on the corner of West 33rd Street. The property, built in 1922, is a 15-story building offering a total of 67,000 square feet of retail space. Currently, there is space available ranging from 1,000 to 6,000 contiguous square feet, ideal for a variety of uses including QSR, pizzeria, deli, or restaurant concepts. The space benefits from over 100 feet of wrap-around frontage, ensuring maximum visibility and foot traffic. A significant advantage is the inclusion of a fully vented, 2,550 square foot lower level, perfect for additional seating or storage. The building features elevators for convenient access. This high-traffic location in the heart of New York City presents a rare chance to establish a thriving business in a prime commercial area. The property's history and prominent location combine to offer a unique and compelling investment opportunity. The minimum divisible space is 1,000 square feet.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.