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Property profile & analytics
OFF-MARKET
Lifestyle centers

172 106Th St New York, NY 10029

3,650 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Lifestyle centers
Total area 3,650 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
Current use
Occupant on record · Public records
  • 106 Flower Shop (Bike/Boat/Book/etc) Store Florist
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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