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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 39Th St New York, NY 10018

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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