Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    1556 2Nd Ave New York, NY 10028

    • Investment properties
    • 5,383 SF
    • 0.04 lot acres
    For Lease
    View listing
    $2,448 /Mo
    Value Estimation
    $410,000
    Location Intelligence
    Property ID
    US63-3301299
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • ProService Mold Inspection & Testing Manhattan NY / Home Inspector / Water Damage Restoration Service

    Property Details for 1556 2Nd Ave

    Year built
    1910
    Lot size
    0.04 lot acres
    Property size
    5,383 SF
    Zone code
    C1-9
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    01543-0051
    APU
    15430051

    Description

    This exceptional Class A retail space, located at 1556 2nd Avenue in the vibrant heart of New York City (zip code 10028), presents a unique investment opportunity. The property boasts a prime location with high foot traffic, ideal for a discerning restaurant, bar, or food-related business. Spanning 2,000 square feet, this single-tenant space offers ample room for a variety of concepts. Its classification as a Class A property signifies superior construction, amenities, and location within a highly desirable area. The address, 1556 2nd Avenue, places the property within a bustling commercial district known for its high volume of pedestrian traffic and strong consumer base. This translates to significant potential for revenue generation and brand visibility. The property's single-tenant occupancy simplifies management and provides a clear, focused investment strategy. The building itself is not specified in terms of total square footage, but the retail space itself is entirely self-contained and ready for immediate occupancy. This turnkey solution allows for a swift and efficient launch of any business venture. The property's location in New York, NY, offers unparalleled access to a diverse and affluent clientele, making it an attractive proposition for businesses seeking a strong foothold in a competitive market. The geographic coordinates are 40.7743791 latitude and -73.9540066 longitude.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.954
    Latitude
    40.7743
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $77,982
    $71,243
    $552,511
    $623,754
    -
    $483,000
    $3,745,800
    $4,228,800

    Comparable in this City

    • Value Estimation by Request
      5,030 SF

      1523 York Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 5,030 SF
      1523 York Ave, New York, NY 10028-7561
      View Details
    • Value Estimation by Request
      10,231 SF

      1534 3rd Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 10,231 SF
      1534 3rd Ave, New York, NY 10028-2114
      View Details
    • Value Estimation by Request
      5,170 SF

      1410 3rd Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 5,170 SF
      1410 3rd Ave, New York, NY 10028-1801
      View Details
    • Value Estimation
      $345,000
      4,860 SF

      240 81st St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,860 SF
      240 81st St, New York, NY 10028-3208
      View Details
    • Value Estimation by Request
      10,560 SF

      17 82nd St

      OFFICE/RESIDENTIAL (MIXED USE) • 10,560 SF
      17 82nd St, New York, NY 10028-0337
      View Details
    • Value Estimation by Request
      6,352 SF

      332 86th St

      OFFICE/RESIDENTIAL (MIXED USE) • 6,352 SF
      332 86th St, New York, NY 10028-4612
      View Details

    Similar Nearby for Sale

    • $799,000
      724 SF

      Prime Upper East Side Dental Suite

      724 SF Renovated Dental Office - $799,000
      8 84Th St, New York, NY 10028
      View Details
    • $300,000
      6,900 SF

      Turnkey Restaurant with Residential Apartment

      Fully built-out restaurant with apartment in Manhattan, ready for operation.
      3rd Ave, Manhattan, NY 10028
      View Details
    • $2,180,000

      Residential Income Property For Sale

      Residential income property available for purchase in New York.
      3 E 85Th St, New York, NY 10028
      View Details
    • $340,000

      Apartment Building in New York

      Apartment building for sale in New York, NY.
      525 E 86Th St, New York, NY 10028
      View Details
    • $2,750,000

      Apartment Building in New York

      Apartment building for sale in New York, NY.
      135 E 83Rd St, New York, NY 10028
      View Details
    • $895,000

      Residential Property in New York

      Residential property for sale in New York, NY.
      1016 5Th Ave, New York, NY 10028
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,530 SF

      Lexington Ave Retail Space

      Prime NYC Retail, Multiple Units Available
      1170 Lexington Ave, New York, NY 10028
      View Details
    • $147 SF/Yr
      2,000 SF

      East 86th Street Retail Space

      Prime Yorkville retail space, 2,000 sq ft.
      0 86Th St, New York, NY 10028
      View Details
    • Contact for pricing
      3,000 SF

      Carnegie Hill Day Care Center

      Day care center in Carnegie Hill, ready for immediate occupancy.
      1190 Park Ave, New York, NY 10028
      View Details
    • Contact for pricing
      8,711 SF

      Upper East Side Retail Opportunity

      Multi-level retail space in high-traffic Upper East Side corridor.
      205 E 85Th St, New York, NY 10028
      View Details
    • $6,000 /Mo
      500 SF

      Prime Retail Space on UWS

      Retail space in affluent area with heavy foot traffic.
      175 W 85Th St, New York, NY 10028
      View Details
    • Contact for pricing
      400 SF

      Prime Retail Space Available

      Retail space with high foot traffic near multiple subway lines.
      244 E 86Th St, New York, NY 10028
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1556 2Nd Ave
    New York, NY 10028
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.