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    601 8Th Ave New York, NY 10018

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    601 8Th Ave New York, NY 10018


    • Investment properties
    • 28,750 SF
    • 0.23 lot acres
    Prime Retail Space Near Port For Lease
    $2,205,000
    8,100 SF

    Prime Retail Space Near Port

    Lower level retail space suitable for entertainment or restaurant.

    601 8th Ave, New York, NY
    View Listing
    Property ID
    US63-3111996
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Pret A Manger / Take-out & Catering
    • Chipotle Mexican Grill / Take-out & Catering / Catering Service
    • Rik Andersen Photography / Photography Service / (Bike/Boat/Book/etc) Store
    • Pollo Campero / Restaurant
    • Puesto de Desayunos / Cafe & Coffee Shop

    Property Details for 601 8Th Ave

    Year built
    1935
    Lot size
    0.23 lot acres
    Property size
    28,750 SF
    Zone code
    C6-4
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    00763-0034
    APU
    7630034

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,655,000
      Market price range: $523k - $1.66M

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


    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9914
    Latitude
    40.7557
    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
    $668,535
    $3,375,000
    $3,071,060
    $6,446,060
    -
    $7,500,000
    $6,526,000
    $14,026,000
    View Listing
    More about this property
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