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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

990 1St Ave New York, NY 10022

20,000 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 20,000 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
  • Moved Across the Street (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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