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Property profile & analytics
OFF-MARKET Estimated value $290,000
Investment properties

211 7th Ave New York, NY 10011-1850

2,764 SF 0.02 ac lot Built 1901
Individually Owned 26-yr Hold Absentee Owner Free & Clear
Property ID
US63-3012245
Property summary
AI-generated overview

This exceptional retail opportunity in the vibrant Chelsea neighborhood of Manhattan presents 1,550 square feet of completely vacant space, ideal for a single tenant or divisible into two units. Located at 211 7th Avenue, New York, NY 10011, this property offers unparalleled visibility and accessibility within a bustling commercial district of New York County. The space is currently available for lease in its entirety, providing a blank canvas for a creative and impactful retail presence. However, the property is also easily divisible, with a minimum leasable area of 700 square feet and a maximum contiguous space of 850 square feet, catering to a range of business needs and sizes. This flexibility makes it an attractive option for both established businesses seeking expansion and emerging entrepreneurs looking for a prime location to launch their ventures. The property's classification is Retail Commercial with multiple tenancy options. Its strategic location in New York City ensures high foot traffic and excellent exposure to a diverse customer base. This is a rare opportunity to secure a prominent retail space in one of Manhattan's most sought-after neighborhoods. Don't miss out on this chance to establish your business in a thriving and dynamic environment.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1901
Total area 2,764 SF
Lot 0.02 ac (989 SF)
Zoning code R8A
APN 00798-0002
UPID US63-3012245
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k
Owner & transaction history
WILLIAM GOTTLIEB
WILLIAM GOTTLIEB
Zoning & alternative use
R8A · New York, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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