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Property profile & analytics

206 8th Ave New York, NY 10011-1609

  • Retail space
  • 3,000 SF
  • 0.08 lot acres
OFF-MARKET
Value Estimations
$290,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US63-2221503
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

  • ATM / Atm

Property Details for 206 8th Ave

Year built
1930
Lot size
0.08 lot acres
Property size
3,000 SF
Zone code
C16A
Property type
Retail space
APN
00770-0005
APU
7700005

Description

This exceptional retail property at 206 8th Avenue presents a unique investment opportunity in the highly desirable Chelsea submarket of New York County. The building boasts a substantial 3,000 square feet of column-free space, providing unparalleled flexibility for a wide range of retail uses. Its single-tenant occupancy offers a streamlined management experience, while the prime location on a major Chelsea thoroughfare ensures high visibility and foot traffic. The building's single-story design maximizes usable space and eliminates the complexities associated with multi-level properties. This is a rare opportunity to acquire a standalone retail building in a coveted location known for its vibrant atmosphere and strong retail performance. The absence of interior columns allows for efficient layout and design, catering to diverse business needs. The property's location within the Chelsea submarket positions it within a thriving commercial district, benefiting from excellent accessibility and proximity to a diverse customer base. This presents a compelling investment prospect for discerning buyers seeking a high-impact retail space in a prime Manhattan location. All uses are considered, making this a versatile and adaptable property for a variety of retail concepts. The single-story design offers significant operational advantages and enhances the overall appeal of this exceptional offering.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $285,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $369,000
    Market price range: $137k - $1.03M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
New York
County
New York
State
New York
Longitude
-73.9993
Latitude
40.7436
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
$44,661
$485,880
$121,480
$607,360
-
$895,000
$42,000
$937,000
More about this property
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