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887 1St Ave New York, NY 10022

  • Retail properties
Value Estimation
Location Intelligence

Current Use by Public Records

  • Photo By Memry / Photographer

Property Details for 887 1St Ave

Property type
Retail properties
Property subtype
Bars

Description

This exceptional 1,950 square foot retail space is ideally situated on the corner of 1st Avenue and East 50th Street in Manhattan's vibrant East Midtown neighborhood. Boasting 44 feet of frontage on 1st Avenue, the space features oversized glass windows and a glass door, ensuring high visibility and attracting significant foot traffic day and night. The ground floor offers 1,886 square feet, including dedicated storage areas. The layout is flexible, adaptable to various uses including restaurants, bars, medical offices, or other retail businesses. While currently unvented, the landlord is receptive to tenant improvement proposals. This Class A property is conveniently located near the 6, E, and M subway lines and bus routes. The surrounding area is densely populated with well-regarded bars, restaurants, and high-end residential buildings, creating a strong customer base. The asking price is $10,000. This turnkey space presents a unique opportunity for a discerning business owner seeking a high-impact location in a thriving market.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
New York
County
New York
State
New York
Longitude
-73.9665
Latitude
40.7538
More about this property
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