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Property profile & analytics

59 44th St New York, NY 10036-6613

  • Hotels
  • 77,358 SF
  • 0.21 lot acres
OFF-MARKET
Value Estimations
$380,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US63-2226276
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.

Current Use by Public Records

  • The Algonquin Hotel Times Square, Autograph Collection / Wedding Venue / Hotel
  • Nothing Here Is Real: Magic Show / Entertainment Agency / Magician
  • lincoln center / Concert Hall
  • Oak Room / Hotel / Bar
  • Blue Bar / Bar

Property Details for 59 44th St

Year built
1902
Lot size
0.21 lot acres
Property size
77,358 SF
Zone code
C64.5
Property type
Hotels
APN
01260-0007
APU
12600007

Description

This exceptional 900-square-foot retail space is ideally situated at 59 West 44th Street in the heart of New York City, New York County, NY 10036. The property boasts a single-tenant occupancy, offering a blank canvas for a discerning business owner. The entire 900 square feet is currently vacant, providing immediate occupancy for a new tenant. The property's classification is commercial retail, making it suitable for a wide variety of businesses. Its location on West 44th Street offers excellent visibility and accessibility, placing it within a vibrant and bustling commercial district. The property's address is easily identifiable and memorable, contributing to its high potential for attracting customers. This presents a unique opportunity for a business seeking a high-traffic location in a prime New York City market. The property is ready for immediate use, eliminating the need for extensive renovations or build-outs. This turnkey solution allows businesses to focus on their operations rather than extensive pre-opening preparations. The property's single-tenant status ensures a streamlined management process, minimizing complexities and maximizing efficiency. This makes it an attractive option for businesses seeking a straightforward and manageable commercial space. The property's location in New York County provides access to a large and diverse customer base, enhancing its overall commercial viability. This prime retail space offers a compelling combination of location, size, and vacancy, making it an exceptional investment opportunity.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $380,000

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


Location Insight

  • Map
  • Local Demand
City
New York
County
New York
State
New York
Longitude
-73.9823
Latitude
40.756
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
$1,630,261
$5,400,000
$9,991,440
$15,391,440
-
$12,000,000
$23,181,000
$35,181,000
More about this property
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