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    OFF-MARKET
    Retail properties & Spaces

    14th 59Th St, New York, NY 10017

    2,800 SF
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 2,800 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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