Property profile

220 42Nd Ave New York, NY 10017

OFF-MARKET
Retail properties & Spaces
4,722 SF
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Property summary

AI-generated overview

This exceptional retail space, totaling 4,722 square feet, is ideally situated at 220 East 42nd Street & 2nd Avenue in the vibrant Midtown East neighborhood of New York City, New York County (zip code 10017). The property is currently vacant and offers a unique opportunity for a single tenant to establish a prominent presence in a high-traffic area. The entire 4,722 square feet is available for lease, providing ample space for a variety of retail concepts. Its location in Midtown East ensures high visibility and accessibility, benefiting from significant pedestrian and vehicular traffic. The property's classification is Commercial Retail, making it suitable for a wide range of businesses. This is a single-tenant occupancy property, offering exclusivity and control over the entire space. The address is easily accessible and benefits from excellent public transportation links, further enhancing its appeal to both businesses and customers. This prime retail space presents a rare opportunity to secure a significant foothold in one of Manhattan's most sought-after commercial districts. Interested parties are encouraged to inquire for further details and leasing information.

Property profile

Verified
Property type Retail properties & Spaces
Total area 4,722 SF

Cap rate & NOI

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

Location

220 42Nd Ave New York, NY 10017
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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