Technical
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Property profile

1260 Amsterdam Ave New York, NY 10027

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional 1,900 square foot retail space, located on Amsterdam Avenue on the Upper West Side, is ideally suited for a restaurant. Boasting a prime location with 21 feet of frontage on Amsterdam Avenue and 10 feet on West 122nd Street, this ground floor space offers excellent visibility and accessibility. The space features a 9-foot ceiling height and is fully built-out, complete with existing venting systems, eliminating significant upfront costs and allowing for a quick and efficient setup. Available for lease at $21,000 per month, the property offers a negotiable lease term and possession can be arranged. The approximate size is 1,900 square feet, making it perfect for a variety of restaurant concepts. The space is currently vacant, with occupancy available August 1, 2022. All uses are accepted, presenting a versatile opportunity for a discerning tenant. This is a rare opportunity to secure a turn-key restaurant space in a highly desirable Upper West Side location.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant
  • Grocery & Convenience Store Food Market

Location

1260 Amsterdam Ave New York, NY 10027
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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