534 42Nd St New York, NY 10036
- Retail properties
- 183 SF
Current Use by Public Records
- Retail properties
Property Details for 534 42Nd St
- Property size
- 183 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
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.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9971
- Latitude
- 40.76
