7th Ave Near Central Park, New York, NY 10019
This exceptional 400-square-foot retail space presents a unique opportunity for a discerning business owner seeking a prime location in New York County. Situated in a high-foot-traffic area adjacent to Central Park and the prestigious Plaza Hotel, this single-tenant property offers unparalleled visibility and accessibility. The building boasts a total of 400 square feet, all of which is currently vacant and ready for immediate occupancy. The property's strategic location places it within close proximity to numerous five-star hotels, Columbus Circle, and renowned cultural institutions such as the Museum of Art & Design. This vibrant neighborhood is known for its upscale clientele and consistent pedestrian traffic, making it an ideal location for a variety of retail businesses. The property's 400 square feet provides ample space for a boutique store, a pop-up shop, or a smaller-scale retail operation. Given its proximity to Central Park and the Plaza Hotel, the property benefits from the high volume of tourists and local residents who frequent the area. The surrounding area is characterized by a mix of luxury hotels, high-end retail establishments, and cultural attractions, creating a sophisticated and affluent atmosphere. This presents a compelling opportunity to establish a business in a highly desirable and visible location. The vacant space is ready for immediate customization and tenant improvements, allowing for a seamless transition into operations. This property is an excellent investment for businesses seeking a prestigious address and a high-traffic location in the heart of Manhattan.
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.