14th 59Th St, New York, NY 10022
This exceptional retail opportunity presents two available spaces totaling 1,174 square feet in a vibrant Midtown East location on 3rd Avenue in the mid-50s. The property offers high foot traffic, benefiting from its proximity to major transportation hubs including the 4, 5, 6, N, W, R, E, M, F, and Q subway lines. This ensures excellent accessibility for potential customers. The spaces are situated near Bloomingdale's, a renowned department store, providing strong co-tenancy and drawing from its established customer base. Each space is individually divisible, with a minimum of 513 square feet and a maximum contiguous space of 661 square feet, offering flexibility for various retail concepts. Currently, the entire 1,174 square feet is vacant, presenting a unique chance to establish a presence in this desirable area. The property is located in New York County and is classified as a multi-tenant commercial retail building. This prime location offers unparalleled visibility and accessibility, making it an ideal space for businesses seeking to thrive in a high-traffic, affluent neighborhood. The opportunity to lease a space in this building presents a significant advantage for retailers looking to establish a strong presence in a highly sought-after Midtown East location.
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
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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.