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    141 E 56Th St New York, NY 10022
    Property profile & analytics

    141 E 56Th St New York, NY 10022


    • Retail residential properties
    • 107,485 SF
    • 0.31 lot acres
    Retail Space for Lease For Lease
    $41,400,000

    Retail Space for Lease

    Retail space available for lease in New York, NY.

    141 E 56th St, New York, NY 10022
    View Listing
    Property ID
    US63-2309460
    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
    $41,400,000
    Cap Rate Potential
    8.3%
    Retail residential properties
    Location Intelligence

    Current Use by Public Records

    • Shostak & Company / Interior Design / Home Decor Store
    • Henson Designs Ltd / Interior Design / Home Decor Store
    • Droge Clinic / Medical Clinic / Alternative Medicine Practice
    • Instore Broadcast Advertising / Radio Station / Telecommunications Service
    • Evelyn Rappoport, PSYD / Physician / Medical Clinic

    Property Details for 141 E 56Th St

    Year built
    1940
    Lot size
    0.31 lot acres
    Property size
    107,485 SF
    Zone code
    C5-2
    Property type
    Retail residential properties
    APN
    01311-0028
    APU
    13110028

    Description

    This exceptional retail opportunity is located at 141 E 56th St in the heart of Midtown East, New York, NY 10022. The property offers a total of 3,396 square feet of vacant commercial space, perfect for a variety of retail uses. Currently, the entire space is available for lease, presenting a unique chance to establish a flagship location or expand an existing business in a high-traffic area of Manhattan. The flexible layout allows for multiple configurations, with minimum divisible space starting at 1,126 square feet and a maximum contiguous space of 2,270 square feet. This adaptability makes it suitable for both single-tenant occupancy or division into smaller units, catering to diverse business needs. The property's address in New York County places it within a vibrant and affluent neighborhood, ensuring high visibility and foot traffic. This is an unparalleled chance to secure a prominent retail presence in one of Manhattan's most sought-after locations. The entire 3,396 square feet is currently vacant, providing immediate occupancy. Serious inquiries are encouraged to explore this exceptional retail space.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $41,400,000
      ML approach
      $41,400,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $57,100,000
      6.5%
      $52,710,000
      7%
      $48,945,000

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


    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9689
    Latitude
    40.7602
    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
    $1,238,936
    $3,928,500
    $6,923,700
    $10,852,200
    -
    $8,730,000
    $13,292,000
    $22,022,000
    View Listing
    More about this property
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