Property profile

393 5Th Ave New York, NY 10016

OFF-MARKET
Retail properties & Spaces
3,600 SF
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Property summary

AI-generated overview

This exceptional retail opportunity is located in the vibrant Midtown East neighborhood of Manhattan, at 393 5th Avenue, New York, NY 10016. The property offers a total of 3,600 square feet of commercial space, currently entirely vacant and available for lease. The building comprises two separate suites, providing flexibility for various retail concepts. Each suite offers a minimum of 1,600 square feet, with a maximum contiguous space of 2,000 square feet. This allows for businesses needing a smaller footprint or those requiring larger contiguous space to find a suitable fit. The property's location in Midtown East provides excellent visibility and accessibility, benefiting from high foot traffic and proximity to major transportation hubs. This is an ideal location for businesses seeking a prominent presence in one of Manhattan's most sought-after commercial districts. The property is situated in New York County and presents a rare chance to establish or expand a retail operation in a prime Manhattan location. The entire 3,600 square feet is available for lease, offering a unique opportunity for a single tenant or the possibility of leasing the two suites separately. This versatile space is ready for immediate occupancy and presents a compelling investment opportunity in a thriving commercial area. Interested parties are encouraged to inquire for further details and leasing options.

Property profile

Verified
Property type Retail properties & Spaces
Total area 3,600 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Hat Shop Embroidery Service
  • Synagogue

Location

393 5Th Ave New York, NY 10016
New York metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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