1861 Lexington Ave New York, NY 10029
This exceptional 5,000 square foot retail space at 1861 Lexington Avenue in New York City, New York County, presents a unique opportunity for multiple tenants. Located in the vibrant 10029 zip code, this property offers a total of 5,000 square feet currently entirely vacant and ready for immediate occupancy. The building is classified as commercial retail with multiple tenancy options, allowing for flexibility in lease terms and tenant configurations. The address is conveniently situated at 1861 Lexington Ave, providing excellent visibility and accessibility for customers. This prime location within New York City offers significant potential for businesses seeking high foot traffic and a strong customer base. The property's size allows for a variety of retail concepts, from smaller boutiques to larger-scale operations. With its strategic location and ample square footage, this property represents a compelling investment opportunity for discerning businesses looking to establish or expand their presence in one of New York City's most dynamic neighborhoods. The entire 5,000 square feet is currently available, presenting a rare chance to secure a substantial retail footprint in this desirable area. Interested parties are encouraged to inquire for further details and lease options. The property is situated at latitude 40.7980959 and longitude -73.9417915.
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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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.