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257 17th Stc1 New York, NY 10011-5363

OFF-MARKET Retail space Google Maps
6,997 SF
Entity Owned ~ Est. High Equity
Estimated value (blended)
$5.57M
Range $5.01M – $6.12M (±10%)
Property ID US63-3942723

Property summary

AI-generated overview

This exceptional 12,231-square-foot retail condominium, located at 257 West 17th Street in New York, NY 10011, presents a unique investment opportunity. The property, a vacant Class B building constructed in 1907 and renovated in 1988, features a multi-tenant configuration across 31 units within a single 10-story building. The space boasts a substantial ground floor of 6,993 square feet and a lower level of 5,238 square feet, offering ample room for a variety of uses. With 110 feet of frontage along West 17th Street, this property offers excellent street visibility and accessibility. High ceilings add to the appeal – 16 feet on the ground floor and 12 feet on the lower level. The property benefits from existing infrastructure, including a fully built-out fitness facility and black iron venting, remnants from its previous use as a fitness center (Brick NYC) and grocery store (D'Agostino). The permitted uses are extensive, encompassing a wide range of retail options under the New York City Zoning Resolution, including but not limited to drug stores, food stores, hardware stores, package and liquor stores, clothing stores, offices, antique stores, florist shops, pet shops, record stores, shoe stores, and toy stores. This versatile space is ideal for a discerning investor seeking a prominent location in a vibrant New York City neighborhood. The property is offered for sale by owner.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Total area 6,997 SF
Zoning code C62A
APN 00767-1101
UPID US63-3942723

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Artist
  • Condominium Complex
  • Advertising Agency Marketing & Advertising

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.18M
Blend (final) Blend
$5.57M

Owner & transaction history

since 2025
Last sale
$5.9M
3 recorded transactions
2025
$5.9M
2013
Price N/A
1969
Price N/A

Zoning & alternative use

C62A · New York, NY
Top alternative use upside
Commercial (general) $8.2M +37.2%
Apartment house (5+ units) $7.0M +17.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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