895 1St Ave New York, NY 10022
This exceptional 600-square-foot ground floor space at 895 1st Avenue in New York City's Midtown East, Sutton Place submarket, presents a unique opportunity for businesses seeking a vibrant and accessible location. The property is classified as retail and office space, offering flexibility for a variety of uses including traditional office, executive office, coworking, or creative office setups. The building's total square footage is 1,000 square feet, with this particular unit comprising a significant portion. The space is currently available for lease as a single unit within a multi-tenant building. Its prime location boasts heavy foot traffic, ensuring high visibility and accessibility for your business. Conveniently situated in New York County, the property benefits from excellent public transportation access, being within walking distance of the 4, 5, 6, 7, S, E, and M subway lines. This makes commuting for employees and clients incredibly easy. The property's classification as both retail and office space allows for a diverse range of potential uses, making it an ideal choice for businesses seeking a versatile and well-located space in the heart of Midtown East. This is a rare opportunity to secure a highly desirable commercial space in a thriving New York City neighborhood.
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.