Property summary
This 183-square-foot vacant retail condo at 534 W 42nd Street in New York, NY 10036, presents a unique investment opportunity. Located in a vibrant area with high foot traffic, this property boasts excellent visibility on 42nd Street, just one block from the Hudson River, Pier 84, and Circle Line tourist destinations. Its proximity to the Intrepid Museum, numerous luxury residential apartments, and Beacon High School ensures a consistent flow of potential customers. The space is ideal for various retail uses, including convenience stores, tobacco shops, ATMs, or phone stores. The property is a single-tenancy unit with a modified lease type. The asking price is $550,000. Annual property taxes are $5,642, and monthly common charges are $769.02. This compact retail space offers significant potential for growth and return on investment in a prime Manhattan location. The property is currently vacant, allowing for immediate occupancy and customization to suit a buyer's specific needs.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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