990 1St Ave New York, NY 10022
This exceptional retail opportunity is located at 990 1st Avenue in the vibrant Lenox Hill submarket of Midtown East, New York County. The property offers a highly visible ground floor space totaling 950 square feet, perfect for a variety of retail uses. In addition to the main retail area, there is an equally sized 950 square foot lower level space, providing ample storage or expansion potential. The space boasts a desirable 15-foot frontage, ensuring excellent street visibility and attracting significant foot traffic. Its strategic location offers unparalleled accessibility, with easy walking distance to the F, N, Q, and R subway lines, as well as numerous bus routes. The surrounding area is bustling with activity, featuring a diverse range of restaurants, bars, and entertainment options, creating a high-density customer base. The entire building comprises 20,000 square feet and is currently configured for multiple tenants. This property presents a unique chance to establish a thriving business in a prime Midtown East location with exceptional visibility and convenient transportation links. The space is immediately available. This is a rare opportunity to secure a well-positioned retail space in a highly sought-after area.
-
Moved Across the Street (Bike/Boat/Book/etc) Store
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.