Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    130 59th St Frnt A New York, NY 10022-1302
    Back to Search
    Property profile & analytics

    130 59th St Frnt A New York, NY 10022-1302

    View on Map
    • Retail space
    • 37,887 SF
    Off-Market
    Property ID
    US63-6134895
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Van Der Gomes Video Production, Digital Marketing & Creative Agency / Film Production / Television Studio
    • Blue Sky Real Estate / Real Estate Agency
    • F.Y. Eye / Marketing & Advertising / Advertising Agency
    • Daroth Capital LLC / Bank
    • UJA-Federation of New York / Charitable Organization / Social Service Agency

    Property Details for 130 59th St Frnt A

    Property size
    37,887 SF
    Zone code
    C5-2
    Property type
    Retail space
    APN
    01313-1101
    APU
    13131101

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $49,825,000
      Current use
      AUTO REPAIR, GARAGE
      $87,570,000
      Change: +76% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9687
    Latitude
    40.7622
    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
    $2,449,227
    $10,575,000
    $12,548,370
    $23,123,370
    -
    $23,500,000
    $31,001,000
    $54,501,000

    Comparable in this City

    • Value Estimation by Request
      150,328 SF

      151 58th Stretl1

      RETAIL STORES (PERSONAL SERVICES) • 150,328 SF
      151 58th Stretl1, New York, NY 10022-1287
      View Details
    • Value Estimation
      $22,375,000
      42,867 SF

      200 58th Stcu

      RETAIL STORES (PERSONAL SERVICES) • 42,867 SF
      200 58th Stcu, New York, NY 10022-2025
      View Details
    • Value Estimation
      $2,175,000
      1,593 SF

      743 5th Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,593 SF
      743 5th Ave, New York, NY 10022-1622
      View Details
    • Value Estimation
      $9,205,000
      6,865 SF

      53 57th St2retl

      RETAIL STORES (PERSONAL SERVICES) • 6,865 SF
      53 57th St2retl, New York, NY 10022
      View Details
    • Value Estimation
      $3,100,000
      119,465 SF

      150-154 50th St

      RETAIL STORES (PERSONAL SERVICES) • 119,465 SF
      150-154 50th St, New York, NY 10022
      View Details
    • Value Estimation
      $1,710,000
      20,529 SF

      502 Park Ave Frnt, Unit 1

      RETAIL STORES (PERSONAL SERVICES) • 20,529 SF
      502 Park Ave Frnt, New York, NY 10022-1143
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6,720 SF

      Lenox Hill Mixed-Use Building

      Five-story mixed-use building in Lenox Hill submarket.
      221 E 60Th St, New York, NY 10022
      View Details
    • Contact for pricing
      3,467 SF

      Manhattan Retail Condominium For Sale

      Retail condominium in Sutton Place neighborhood, leased to MáLà Project.
      245 E 53Rd St, New York, NY 10022
      View Details
    • Contact for pricing
      4,160 SF

      Renovated Restaurant Space in Midtown

      Turnkey restaurant space in a prime Midtown East location.
      243 E 58Th St, New York, NY 10022
      View Details
    • $7,800,000

      Second Avenue Retail Co-op

      Fully leased retail co-op with long-term tenants on Second Avenue.
      1029-1039 2Nd Ave, New York, NY 10022
      View Details
    • $40,000,000
      34,436 SF

      Midtown Luxury Commercial Condo Building

      35,000 SF Midtown building ideal for various uses.
      60 E 55Th St, New York, NY 10022
      View Details
    • $6,250,000
      8,325 SF

      Midtown East Retail Investment Opportunity

      Prime NYC Retail Space, 8,325 SF, $6.25M
      924 3Rd Ave, New York, NY 10022
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      638 SF

      Retail Space Near Transportation Hub

      Retail space with high foot traffic and transportation access.
      1069 1St Ave, New York, NY 10022
      View Details
    • Contact for pricing
      800 SF

      Prime Plaza District Retail Space

      Retail space in the heart of the Plaza District.
      536 Madison Ave, New York, NY 10022
      View Details
    • Contact for pricing
      2,220 SF

      Second Floor Retail Space Available

      Retail space with dedicated entrance and elevator near trains.
      1164 3Rd Ave, New York, NY 10022
      View Details
    • Contact for pricing
      400 SF

      Sutton Place Retail Space

      Prime retail space in the heart of Sutton Place.
      1079 1St Ave, New York, NY 10022
      View Details
    • Contact for pricing
      1,294 SF

      Madison Avenue Corner Retail Space

      Prime retail space with excellent visibility on Madison Avenue.
      510 Madison Ave, New York, NY 10022
      View Details
    • Contact for pricing
      6,895 SF

      Prime Upper East Side Retail

      Vacant retail space in a high-traffic Manhattan location.
      14 E 58Th St, New York, NY 10022
      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.
    130 59th St Frnt A
    New York, NY 10022-1302
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    130 59th St Frnt A, New York, NY, 10022
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!