24 22Nd St, New York, NY 10010
This exceptional 1,248-square-foot flex space at 24 E 22nd Street in New York City's vibrant NoMad neighborhood presents a unique investment opportunity. Priced at $1,925,000, this Class C property boasts a desirable M1-M5 zoning designation, offering considerable versatility for a range of commercial uses. The space features a striking fully glass storefront, ideal for maximizing visibility and attracting customers. With a generous 14-foot ceiling height, the interior provides ample room for customization and efficient layout planning. Currently vacant and move-in ready, this property is perfectly suited for an owner-user seeking a prime location. Its strategic position offers unparalleled accessibility, situated steps from the 23rd Street 6 subway line (4,766,220 annual ridership in 2022) and the 23rd Street R & W subway lines (3,645,349 annual ridership in 2022), ensuring high foot traffic and convenient commuting for employees and customers alike. This is a rare chance to acquire a well-located, versatile commercial property in a thriving New York City neighborhood. The property is located in New York County, NY, 10010.
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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
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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.