Property summary
This exceptional retail opportunity presents three available spaces totaling 12,662 square feet in a former gym on Lexington Avenue, ideally situated near Grand Central Terminal. The property offers flexible space options, with a minimum divisible unit of 1,212 square feet and a maximum contiguous space of 8,450 square feet. Currently, the entire 12,662 square feet is vacant, providing a blank canvas for a diverse range of retail concepts. The building boasts convenient wheelchair accessibility, a testament to its thoughtful design. Previous tenants included a café, highlighting the suitability of the space for food and beverage establishments, or similar businesses requiring ample space and high visibility. The property also features beautifully appointed bathrooms, adding to its overall appeal and functionality. Its prime location near Grand Central Terminal ensures high foot traffic and excellent visibility, making it an ideal location for businesses seeking a prominent presence in a bustling, high-traffic area of Manhattan. The space is located in New York County and presents a unique opportunity for a single tenant to occupy the entire space or for multiple tenants to occupy smaller, divisible units. This versatile property is ready for immediate occupancy and offers significant potential for a variety of retail uses.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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