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    OFF-MARKET
    Commercial real estate

    234 8Th Ave, New York, NY 10011

    2,400 SF
    Property ID
    US63-1200240
    Property summary
    AI-generated overview

    This exceptional 2,400 square foot retail space at 234 Eighth Avenue in New York County presents a remarkable opportunity for multiple tenants. Currently entirely vacant, this property boasts commanding corner visibility and incredible signage potential, making it ideal for a variety of businesses. The space offers 70 feet of frontage and a wraparound design, maximizing exposure to high foot traffic. Its prime location offers close proximity to the 23rd Street C, E, and 1 train stations, ensuring convenient access for customers and employees. The surrounding area is vibrant and bustling, with established businesses including Starbucks, Gristedes, Cafe Flor, Forager's Table, Joe's Pizza, The Moore Hotel, and soon-to-open Target and Cinepolis Cinemas. Additional nearby businesses include Zucker's Bagels and Dallas BBQ. This property is perfectly suited for food-related businesses, given its location and the existing mix of tenants. Possession can be arranged to suit the needs of the incoming tenant(s). The space is divided into two 1,200 square foot units, offering flexibility for multiple occupants or a single large-scale operation. Don't miss this chance to secure a highly visible and strategically located retail space in a thriving New York City neighborhood.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 2,400 SF
    UPID US63-1200240
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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