New York Plz New York, NY 10001
- Retail properties
Current Use by Public Records
- Retail properties
Property Details for 0 New York Plz
- Year built
- 1970
- Property type
- Retail properties
Description
This unique $1,000,000 retail property in New York, NY (zip code 10001), built in 1970, presents an exceptional investment opportunity. The offering centers around a partnership with the owner of a significant proprietary art collection. This collection, professionally appraised at $16 million in 1989, is now valued at over $50 million. The partnership includes all rights to reproduce the collection. The current owner possesses a comprehensive and exclusive marketing plan designed to leverage the collection's substantial value through internet-based strategies. This is a chance to acquire a retail space in a prime New York City location while simultaneously gaining access to a lucrative and highly valuable art collection with established marketing potential. The property itself offers a solid foundation for a variety of retail ventures, complemented by the immense upside potential of the art collection partnership. This is a rare opportunity to combine real estate investment with a significant artistic asset, offering substantial returns on investment. The property's location in New York City's 10001 zip code ensures high visibility and accessibility. The 1970 construction provides a solid base for immediate use or potential renovation.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9992
- Latitude
- 40.7537
