415 50Th St, New York, NY 10019
This exceptional 959-square-foot retail space is ideally situated in the vibrant Hell's Kitchen neighborhood, nestled between 9th and 10th Avenues. The property is zoned R8, offering a versatile canvas for a variety of commercial uses. Currently vacant, this single-tenant space presents a unique opportunity for an owner-occupier or investor seeking a prime location with high visibility. The building's total square footage mirrors the available space, ensuring complete control and flexibility. A significant advantage is the separately metered utilities, allowing for precise cost management and transparency. Furthermore, property taxes are included, simplifying budgeting and operational expenses. This turnkey retail space is ready for immediate occupancy, providing a seamless transition for any business seeking a thriving location in a dynamic and densely populated area. The convenient location offers excellent access to public transportation, ensuring high foot traffic and accessibility for customers. This is an exceptional opportunity to establish or expand a business in a highly sought-after area of Manhattan. Don't miss this chance to secure a prime retail space in the heart of Hell's Kitchen.
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.