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    572 11Th Ave New York, NY 10036

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    572 11Th Ave New York, NY 10036


    • Retail residential properties
    • 184,117 SF
    • 0.39 lot acres
    Retail/Restaurant Space for Lease For Lease
    Contact for pricing

    Retail/Restaurant Space for Lease

    Retail or restaurant space available for lease in New York.

    572 11th Ave, New York, NY 10036
    View Listing
    Property ID
    US63-1462839
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $89,065,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Starbucks / Cafe & Coffee Shop
    • The Learning Experience - Hell's Kitchen / Daycare Center
    • Oskar - Luxury Apartments / Apartment Building / Apartment Complex

    Property Details for 572 11Th Ave

    Year built
    2016
    Lot size
    0.39 lot acres
    Property size
    184,117 SF
    Zone code
    R9
    Property type
    Retail residential properties
    APN
    01072-0001
    APU
    10720001

    Description

    This exceptional retail and restaurant opportunity is located at 572 11th Avenue in New York City, New York County, zip code 10036. The property offers a total of 10,570 square feet of space, currently entirely vacant and available for lease. The space is highly adaptable, with a minimum divisible unit of 4,667 square feet and a maximum contiguous space of 5,903 square feet. This allows for flexibility in tenant requirements, accommodating a variety of retail concepts or a single large-scale operation. The property is classified as a storefront, suitable for businesses that benefit from high street visibility and foot traffic. The multiple tenancy option allows for the possibility of dividing the space to suit multiple tenants. This prime location in New York City offers unparalleled access to a dense population and high consumer spending. The address is 572 11th Avenue, providing excellent exposure and accessibility. This is an exceptional opportunity for businesses seeking a prominent location in a vibrant and bustling area of Manhattan. The property's size and layout offer significant potential for a wide range of retail or restaurant uses. Interested parties are encouraged to inquire for further details and leasing information.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      Off market
      ML approach
      Off market
    • CAP approach

      CAP Return
      Estimation
      6%
      $97,810,000
      6.5%
      $90,290,000
      7%
      $83,840,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9973
    Latitude
    40.7617
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $406,323
    $1,180,800
    $24,777,640
    $25,958,440
    -
    $2,624,000
    $59,314,000
    $61,938,000
    View Listing
    More about this property
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