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    OFF-MARKET
    Lifestyle centers

    806 9Th Ave, New York, NY 10019

    9,900 SF
    Property ID
    Property summary
    AI-generated overview

    The Lirio, located at 806 Ninth Avenue in New York County, offers a unique opportunity for retailers seeking a prominent presence in a high-traffic area. This new construction retail space boasts a total of 9,900 square feet, divided into two suites. Two spaces are currently available for lease, with a minimum divisible space of 2,760 square feet and a maximum contiguous space of 7,113 square feet. A significant 9,873 square feet is currently vacant, presenting a substantial opportunity for a single tenant or a synergistic multi-tenant arrangement. The property's ideal location on Ninth Avenue provides exceptional frontage, making it highly visible to pedestrians and vehicular traffic. Its strategic position between Columbus Circle and 42nd Street places it within a densely populated area with strong demographics. Within a quarter-mile radius, there are over 13,000 households, boasting an average household income of $162,151. This makes it an exceptionally attractive location for businesses targeting high-income consumers. The building's design is particularly well-suited for grocers and supermarkets, and this represents the only grocery opportunity on Ninth Avenue within this specific stretch. Furthermore, the project includes a substantial 30,000 square foot second-floor office space, adding to the overall vibrancy of the location. The Housing Works flagship store is already established within the project, providing an anchor tenant and further enhancing the area's appeal. This is the largest retail footprint available on Ninth Avenue between Columbus Circle and 42nd Street, presenting a rare and compelling investment opportunity.

    Property profile
    Verified
    Property type Lifestyle centers
    Total area 9,900 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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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