Property profile

415 50Th St New York, NY 10019

OFF-MARKET
Retail properties & Spaces
959 SF
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Total area 959 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

415 50Th St New York, NY 10019
New York metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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