Property profile

112 23Rd St New York, NY 10010

OFF-MARKET
Retail properties & Spaces
12,000 SF Built 1900
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Property summary

AI-generated overview

This exceptional 12,000 square foot multi-tenant building at 112 E 23rd St, New York, NY 10010 offers a unique opportunity for businesses seeking flexible space in a vibrant Manhattan location. Built in 1900, this four-story building currently has 3,500 square feet of vacant space available, divisible into units as small as 1,000 square feet and up to a contiguous 2,500 square feet. The property is zoned for retail and office use, including medical practices. A prime second-floor loft space is highlighted, boasting attractive features such as hardwood floors, impressive 11-foot ceilings, and a private bathroom. The space benefits from excellent street exposure, with windows facing 23rd Street, ensuring high visibility for your business. Convenient access is provided via both elevator and stairwells. The building's central location in New York City offers unparalleled access to transportation, amenities, and a diverse workforce. All uses are considered, making this a versatile option for a variety of businesses. This is a rare chance to secure a well-located, adaptable space in a thriving Manhattan neighborhood.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1900
Total area 12,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Spa & Massage Center Alternative Medicine Practice
  • Medical Clinic Skin Care Clinic
  • Medical Clinic Skin Care Clinic
  • Restaurant Take-out & Catering
  • Gym & Fitness Center Alternative Medicine Practice

Location

112 23Rd St New York, NY 10010
New York metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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