1199 1St Ave New York, NY 10022
Property profile & analytics
1199 1St Ave New York, NY 10022
- Retail residential properties
- 210,305 SF
- 0.31 lot acres
Property ID
US63-3403561
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.
Location Intelligence
Current Use by Public Records
- Kathy Lee, OD / Physician
- Jay Yoon / Physician
- Doctors of Optometry / Physician
Property Details for 1199 1St Ave
- Year built
- 1962
- Lot size
- 0.31 lot acres
- Property size
- 210,305 SF
- Zone code
- C1-9
- Property type
- Retail residential properties
- APN
- 01439-0030
- APU
- 14390030
Description
This exceptional retail opportunity is located at 1199 First Avenue in New York City's vibrant Upper East Side neighborhood (zip code 10065). The property offers a total of 2,619 square feet of commercial space, currently entirely vacant and available for lease. The building is comprised of three individual suites, providing flexibility for various business needs. The smallest available space measures 917 square feet, ideal for a boutique or smaller retail operation. Larger tenants can occupy up to 1,702 contiguous square feet, offering ample room for expansion or a more substantial retail presence. The property's location on First Avenue ensures high visibility and foot traffic, making it an attractive proposition for businesses seeking a prominent Upper East Side address. This is a rare chance to secure a fully vacant, multi-suite retail space in a prime New York City location. The property is situated in New York County and offers immediate occupancy. The flexible suite sizes cater to a wide range of retail concepts, from smaller specialty stores to larger flagship locations. This is a unique opportunity to establish a thriving business in a highly desirable and affluent neighborhood. Contact us today to learn more about this exceptional retail space and schedule a viewing.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- Off market
-
CAP approach
- CAP Return
- Estimation
- 6%
- $111,725,000
- 6.5%
- $103,130,000
- 7%
- $95,765,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $124,089,000
Market price range: $73.4M - $322M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9597
- Latitude
- 40.7632
- 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
$2,514,777
$2,718,000
$18,546,840
$21,264,840
-
$6,040,000
$38,660,000
$44,700,000
