Property profile

0 3Rd Ave New York, NY 10016

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional retail space, ideally situated on Third Avenue in the vibrant Murray Hill neighborhood of New York City (zip code 10016), presents a unique investment opportunity. The property offers a total of approximately 1,000 square feet, comprised of roughly 540 square feet on the main level and an additional 460 square feet in the basement. The space is available for immediate occupancy with a negotiable lease term and a monthly rent of $6,000, translating to $72 per square foot. The property is offered in as-is condition. While specific details regarding taxes, utilities, and landlord improvements are not available at this time, potential tenants are encouraged to inquire. All dimensions are approximate

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3Rd Ave New York, NY 10016
New York metro
Google Maps

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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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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