Property summary
This exceptional retail opportunity presents a fully vacant 3,868 square foot strip center located at 21 University Place in the vibrant heart of New York City, New York County. The property offers a flexible layout suitable for a variety of retail concepts, with space ranging from 2,000 to 4,000 square feet. Its prime location in the 10003 zip code provides unparalleled access to high foot traffic and a dense population of potential customers. The building's total square footage is 3,868 square feet, currently entirely available for lease. This presents a unique chance for a single tenant to occupy the entire space or for multiple tenants to collaborate in a shared environment. The property is classified as a retail strip center, indicating a design optimized for multiple retail businesses. Its address, 21 University Place, places it within a dynamic and bustling commercial area of New York City, offering excellent visibility and accessibility. This is an exceptional opportunity for businesses seeking a high-profile location in one of the world's most sought-after retail markets. The property's size and layout offer significant potential for customization and branding, allowing businesses to create a space that perfectly reflects their identity and needs. The property is situated at 40.7315893 latitude and -73.9944634 longitude.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
C1-7 · New York, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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