172 106Th St New York, NY 10029
This exceptional commercial property at 172 E 106th Street in New York City offers 3,650 square feet of versatile retail and industrial space, currently fully vacant and ready for immediate occupancy. The building is divided into two suites, with a minimum divisible space of 1,500 square feet and a maximum contiguous space of 2,150 square feet, providing flexibility for various business needs. The property's strategic location in New York County, zip code 10029, ensures high visibility and accessibility. The building features attractive ceiling heights, varying between 13 and 10 feet, offering ample space and potential for creative layouts. Ideal for businesses requiring both retail and distribution capabilities, this property presents a unique opportunity to establish a strong presence in a vibrant New York City neighborhood. The multiple tenancy structure allows for potential subleasing or expansion opportunities. This is a rare chance to secure a fully vacant, well-located commercial property in a highly sought-after area of Manhattan. The property's size and layout make it suitable for a variety of uses, from retail showrooms to light industrial operations or a combination thereof. Contact us today to schedule a viewing and explore the possibilities.
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106 Flower Shop (Bike/Boat/Book/etc) Store Florist
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
Similar Nearby for Sale
Similar Nearby for Lease
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.