14th 59Th St, New York, NY 10017
This exceptional 2,800 square foot retail space, located on Lexington Avenue in Midtown East (between East 14th and 59th Streets, zip code 10017), presents a unique investment opportunity. Previously a cafe, this property boasts high foot traffic, making it ideally suited for a variety of fast-casual concepts. The entire space is currently vacant, offering immediate occupancy for a new tenant. The building is classified as commercial retail with multiple tenancy potential. Situated in New York County, this property offers unparalleled access to a dense population and thriving commercial activity. The address falls within the vibrant Midtown East neighborhood, known for its high concentration of office workers, residents, and tourists. With its prominent location and substantial square footage, this property is poised for significant success. The space is divisible, with two 1,400 square foot units available. This presents flexibility for businesses seeking either a single large space or the option to subdivide. This is a rare opportunity to acquire a well-positioned retail space in one of Manhattan's most desirable locations. Don't miss out on this chance to establish your business in a high-traffic, high-visibility area.
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
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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.