Property profile

421 7Th Ave New York, NY 10001

OFF-MARKET
Retail properties & Spaces
67,000 SF Built 1922
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1922
Total area 67,000 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
  • Photography Service (Bike/Boat/Book/etc) Store
  • Film Production Television Studio
  • Law Firm
  • (Bike/Boat/Book/etc) Store
  • Alternative Medicine Practice

Location

421 7Th Ave New York, NY 10001
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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