0 39Th St New York, NY 10018
This exceptional Midtown Manhattan retail space presents a unique investment opportunity. The property boasts 1,176 square feet on the ground floor, ideally suited for a variety of food-service businesses. Previously configured as a restaurant, this Class A space is ready for immediate occupancy. Its prime location ensures high foot traffic, making it an attractive proposition for a restaurant, coffee shop, bagel shop, or gourmet deli. The versatile layout includes an additional 500 square feet of basement space, offering ample storage or potential for expansion. The single-tenant occupancy simplifies management and provides a clear revenue stream. This property is situated in New York County and is categorized as a retail space within the Midtown area. The building's high-quality construction and desirable location combine to create a compelling investment opportunity with significant potential for return. The existing infrastructure, designed for a restaurant, minimizes initial setup costs and allows for a swift transition to a new business. Don't miss this chance to secure a thriving retail space in a highly sought-after Manhattan location. Serious inquiries only.
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.