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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

5 111Th St New York, NY 10029

1,838 SF
Property ID
Property summary
AI-generated overview

This exceptional 1,838-square-foot retail space is ideally situated at 5 East 111th Street in the vibrant East Harlem neighborhood of New York City, New York County. The property is a single-tenant space, currently vacant and ready for immediate occupancy. Its location offers significant potential for a variety of retail businesses, capitalizing on the area's growing population and commercial activity. The building's total square footage mirrors the available vacant space, presenting a unique opportunity for a business seeking a prominent presence in a bustling urban setting. The property is classified as commercial retail and is available for sale. The address is easily accessible, with excellent visibility and foot traffic. This presents a rare chance to acquire a fully vacant, sizable retail space in a rapidly developing area of Manhattan. The property's size and location make it suitable for a wide range of retail concepts, from boutiques and cafes to specialty stores and service providers. With its strategic location and significant square footage, this property offers a compelling investment opportunity for discerning buyers seeking a strong foothold in the New York City market. The zip code is 10029. The property is located at latitude 40.7975899 and longitude -73.9482067. This is a single-tenant property.

Property profile
Verified
Property type Retail properties & Spaces
Total area 1,838 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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