117- 59Th St, New York, NY 10022
This exceptional retail property, located at 117-127 E 59th Street in New York City's vibrant Midtown East, offers a unique opportunity for businesses seeking high-visibility space. The entire 17,261 square foot building is currently vacant and available for lease, presenting a blank canvas for a single large tenant or multiple smaller occupants. Flexible lease terms are available to accommodate various business needs. The property is categorized as commercial retail with multiple tenancy options. Individual spaces range from a minimum of 4,260 square feet to a maximum contiguous space of 7,249 square feet, allowing for adaptability to diverse business requirements. This prime location in New York County (zip code 10022) boasts excellent foot traffic and visibility, making it an ideal location for a variety of retail businesses. The property's size and layout provide ample space for a flagship store, multiple smaller boutiques, or a combination thereof. Its strategic location in Midtown East ensures high exposure to both local residents and tourists. This is a rare opportunity to secure a significant retail presence in one of Manhattan's most desirable neighborhoods. Contact us today to learn more about this exceptional property and explore the possibilities.
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
Similar Nearby for Lease
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.