757 3Rd AveNew York, NY 10017

  • Office properties
  • 407,767 SF
For Lease

Property Details for 757 3Rd Ave

Year built
1964
Lot size
0.55 AC
Property size (Sq ft)
407,767 SF
Zone code
C5-3
Property type
Office properties
Property subtype
Office buildings
APN
01321-0001
APU
13210001

Description

This exceptional 1,700-square-foot retail space is located at 757 3rd Avenue in the heart of New York City, New York County, zip code 10017. The property is classified as Class A and offers a single-tenant occupancy opportunity. The entire space, totaling 1,700 square feet, is currently vacant and ready for immediate lease. Its prime location on 3rd Avenue provides excellent visibility and accessibility for businesses seeking a high-traffic area. The property is ideal for a variety of retail uses, benefiting from the high foot traffic and dense population of this vibrant New York City neighborhood. This is a rare opportunity to secure a significant retail presence in a highly desirable location. The building's Class A designation reflects its superior construction, modern amenities, and overall quality. The single-tenant setup provides flexibility and control for the lessee. Interested parties are encouraged to inquire promptly to secure this exceptional retail space. The property's address is precisely 757 3rd Avenue, New York, NY 10017. Its geographical coordinates are latitude 40.7539261 and longitude -73.9714666. This listing presents a unique chance to establish a thriving business in a coveted New York City location.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $67,416,064
    6.5%
    $62,230,212
    7%
    $57,785,200
  • Comparable approach

    Method
    Valuation
    Relative Method
    $53,278,836
    Geo Method
    $53,278,836
  • Alternative Use

    Use
    Valuation
    Residential
    $77,165,464
    Hospitality
    $70,683,152
    Educational
    $58,807,552
    Medical
    $60,830,036
    Retail
    $91,478,416
757 3Rd Ave, New York, New York
Leaflet | © OpenStreetMap contributors

Location Insight

City
New York
County
New York
State
New York
Latitude
40.7539
Longitude
-73.9715
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
$7,183,388
$18,315,000
$49,503,999
$67,818,999
-
$40,700,000
$115,827,000
$156,527,000

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at support@realmo.com and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.