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Property profile & analytics

205 42nd St New York, NY 10017-5773

  • Flex space
  • 1,159 SF
  • 0.63 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US63-4249195
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

  • American Society of Landscape Architects / Association / Organization
  • Sperber Denenberg & Kahan / Real Estate Attorney
  • Cint USA Inc. / Software Company
  • Search Inc / Employment Agency / Temp Agency
  • Adloox / Software Company

Property Details for 205 42nd St

Year built
1929
Lot size
0.63 lot acres
Property size
1,159 SF
Zone code
C5-3
Property type
Flex space
APN
01316-1029
APU
13161029

Description

This exceptional retail opportunity in Midtown East presents two contiguous suites totaling 2,500 square feet, currently fully vacant and ready for immediate occupancy. The property is ideally situated within a bustling commercial district, offering high foot traffic and excellent visibility. Each suite offers a unique layout and size, with a minimum divisible space of 1,242 square feet and a maximum contiguous space of 1,258 square feet. The building itself boasts a total of 2 suites, providing a unique opportunity for a single tenant to occupy the entire space or for two complementary businesses to share the location. The property benefits from its strategic location adjacent to the lobby of a large 532,000 square foot office building, ensuring a consistent flow of potential customers. Previously occupied by a well-established cafe, the space features existing built-out cafe space, offering significant cost savings for future tenants. This turnkey solution in a prime New York County location presents an unparalleled chance to establish or expand a retail presence in a high-demand area. The property's excellent location and existing infrastructure make it an ideal choice for a variety of retail businesses seeking a high-traffic, high-visibility location. Contact us today to schedule a viewing and explore the possibilities.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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


Location Insight

  • Map
  • Local Demand
City
New York
County
New York
State
New York
Longitude
-73.9735
Latitude
40.7508
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
$16,435
$53,561
$101,605
$155,166
-
$119,025
$258,155
$377,180
More about this property
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