350 52Nd St New York, NY 10022
This exceptional retail opportunity presents two available spaces totaling 1,200 to 1,500 square feet each, situated within a larger 146,072 square foot building located at 350 E 52nd St in the Sutton Place submarket of Midtown East, New York County. Built in 1962, the property benefits from a high volume of foot traffic, making it ideal for a variety of retail businesses. Each space includes a private bathroom, a significant advantage for tenant comfort and convenience. Further enhancing the value proposition is the inclusion of additional lower level storage space, providing ample room for inventory or supplies. The property's strategic location offers unparalleled accessibility, with easy walking distance to the E, M, N, Q, and R subway lines, as well as numerous bus routes. The vibrant surrounding area boasts a diverse selection of restaurants, bars, and other attractions, ensuring a constant flow of potential customers. This multi-tenant building presents a unique opportunity to establish a thriving retail presence in a highly desirable and well-connected Midtown East location. The spaces are available for lease, offering a chance to capitalize on the area's strong retail market.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.