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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

956 1St Ave New York, NY 10022

3,000 SF Built 1956
Property ID
Property summary
AI-generated overview

This exceptional retail opportunity presents two available spaces totaling 3,000 square feet within a building constructed in 1956, situated in the highly desirable Midtown East submarket of Sutton Place, New York County. The property, located at 956 1st Avenue, New York, NY 10022, boasts a prime location with heavy foot traffic. Individual spaces range from 350 to 850 square feet, offering flexibility for various retail concepts. Key features include large front windows maximizing natural light, 10-foot ceilings creating an open and airy atmosphere, and an impressive street presence. Each unit benefits from a private restroom, HVAC systems, and water lines throughout. The building's convenient location offers easy access to Grand Central Station, the E and M subway lines, and numerous bus routes. The surrounding area is vibrant, with a plethora of restaurants, bars, and other attractions within walking distance. This turnkey retail space is ideal for businesses seeking high visibility and a strong customer base in a bustling New York City neighborhood. The property is a multi-tenant building.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1956
Total area 3,000 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
  • Yu's Lucky Laundry (Bike/Boat/Book/etc) Store
  • 1st Ave Nail & Spa Nail Salon
  • Sasha Shop Specialty Food Shop Fish Market
  • Perriwater Ltd. Water Utility Company
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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