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601 8th Ave 607 New York, NY 10018-3014

OFF-MARKET Investment properties Google Maps
28,750 SF 0.23 ac lot Built 1935
Individually Owned Absentee Owner Free & Clear
Estimated value (blended)
$2.21M
Range $1.98M – $2.43M (±10%)
Property ID US63-3111996

Property summary

AI-generated overview

This exceptional 400-square-foot retail space is ideally situated in Manhattan's vibrant Garment District, a high-traffic area boasting over 200,000 daily pedestrians between West 39th and 40th Streets. Its prime location near the 42nd Street - Port Authority Bus Terminal ensures unparalleled visibility and accessibility. The property offers a single-tenant occupancy, providing a streamlined and efficient operation. The surrounding area is brimming with established businesses and amenities, including Walgreens, Starbucks, Bluestone Lane, Chase Bank, Target, Dunkin', Blink Fitness, Juice Generation, Wells Fargo Bank, Essen, Chipotle, and Bank of America, creating a thriving and diverse commercial environment. Convenient access to public transportation is a key advantage, with the A, C, and E subway lines readily available at the 42nd Street - Port Authority station. This location offers unparalleled foot traffic and exposure, making it an exceptional opportunity for a variety of retail businesses seeking a high-visibility presence in one of Manhattan's most dynamic districts. The property is located at 601 8th Avenue, New York, NY 10018, in New York County. This single-tenant retail space presents a unique chance to establish a successful business in a densely populated and highly sought-after area.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1935
Total area 28,750 SF
Lot 0.23 ac (9,875 SF)
Zoning code C6-4
APN 00763-0034
UPID US63-3111996

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
  • Take-out & Catering
  • Take-out & Catering Catering Service
  • Photography Service (Bike/Boat/Book/etc) Store
  • Restaurant
  • Cafe & Coffee Shop

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.66M
Blend (final) Blend
$2.21M

Owner & transaction history

since 2025
Last sale
$2.5M
4 recorded transactions
2025
$2.5M
2014
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C6-4 · New York, NY

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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