Current Use by Public Records
- Retail properties & Spaces
Property Details for 5005 5Th Ave
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This exceptional 10,000 square foot retail property, located on Fifth Avenue in New York County, presents a unique investment opportunity. Currently entirely vacant, this brand new, single-story building offers unparalleled flexibility for multiple tenants or a single large-scale operation. The space is currently configured to accommodate two separate 5,000 square foot units, ideal for restaurant concepts or similar businesses. However, the design allows for significant customization. The double-height ceilings create an impressive and spacious atmosphere, while the "white box" delivery condition provides complete freedom for tenant build-outs. The building's prominent location on Fifth Avenue ensures excellent visibility and signage opportunities, guaranteeing high foot traffic and brand exposure. The property is suitable for a wide range of uses, and the possibility of adding a second level or mezzanine further enhances its adaptability and potential. This is a rare chance to secure a prime retail space in a highly desirable location, offering significant potential for growth and return on investment. All utilities are available. The property is ready for immediate occupancy. Serious inquiries only.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -74.0106
- Latitude
- 40.6449
