181 Avenue A New York, NY 10009
- Retail space
- 1,106 SF
- 0.14 lot acres
Current Use by Public Records
- Kitchen Remodeling NYC / Kitchen Remodeler
Property Details for 181 Avenue A
- Year built
- 1987
- Lot size
- 0.14 lot acres
- Property size
- 1,106 SF
- Zone code
- R8A
- Property type
- Retail space
- APN
- 00796-1001
- APU
- 7961001
Description
This exceptional mixed-use property at 181 Avenue A in New York City, New York County, offers 11,300 square feet of retail and restaurant space currently available for lease. The building is comprised of two suites, providing flexibility for a variety of businesses. With a total of 11,300 square feet, the property presents a unique opportunity for either a single large tenant seeking up to 9,200 contiguous square feet, or multiple tenants seeking smaller spaces. The minimum divisible space is 2,100 square feet, allowing for adaptable configurations to suit diverse needs. The building's location on Avenue A in the vibrant 10009 zip code provides excellent visibility and accessibility to a high-traffic area. This is an ideal location for businesses seeking high foot traffic and exposure within a dynamic New York City neighborhood. The property's versatile layout and substantial square footage make it a compelling investment opportunity for businesses looking to establish or expand their presence in a prime Manhattan location. The entire 11,300 square feet is currently vacant, presenting a blank canvas for a new tenant or tenants to create their ideal space. This is a rare opportunity to secure a significant retail presence in a highly sought-after area of New York City.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,240,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,160,000
- 6.5%
- $2,480,000
- 7%
- $2,550,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,305,000
- Geo Method
- $2,015,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,865,000
- Retail
- $1,915,000
- Mixed-Use
- $2,485,000
- Hospitality
- $2,315,000
- Educational
- $2,450,000
- Residential Income
- $2,460,000
- Energy
- $1,945,000
- Income-Based Land
- $2,365,000
- Food Service
- $2,480,000
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9964
- Latitude
- 40.7425
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
