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Property profile & analytics
OFF-MARKET Estimated value $1,120,000
Investment properties

692 Madison Ave New York, NY 10065-7224

5,625 SF 0.03 ac lot Built 1900
Entity Owned 10-yr Hold Free & Clear
Property ID
US63-2779993
Property summary
AI-generated overview

This exceptional retail property at 692 Madison Avenue in New York City offers a total of 5,400 square feet of prime commercial space, currently entirely vacant and available for lease. The property is categorized as multi-tenant, allowing for flexibility in lease terms and tenant configurations. Individual spaces can be leased at a minimum of 1,800 square feet, providing options for businesses of various sizes. Located in New York County, with a convenient 10065 zip code, this location benefits from high foot traffic and visibility on a prestigious Madison Avenue address. The building's total area of 5,400 square feet presents a unique opportunity for a single large tenant or multiple smaller businesses seeking a collaborative environment. The property's classification as retail space, combined with its size and location, makes it an ideal investment for businesses seeking a prominent presence in one of New York City's most sought-after retail corridors. The address is easily accessible and benefits from excellent public transportation links, ensuring high visibility and convenient access for customers and employees. This is a rare opportunity to secure a significant retail presence in a highly desirable location. Interested parties should inquire promptly to explore leasing options and secure this exceptional space.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Total area 5,625 SF
Lot 0.03 ac (1,400 SF)
Zoning code C5-1
APN 01377-0115
UPID US63-2779993
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Harry Schnaper Incorporated Interior Design Home Decor Store
  • F&M Retail General Contractor Renovation Specialist
  • Giampiero Rispo, Domus Arbiter Realty Corp. Real Estate Agency
  • CR PROPERTY MANAGEMENT Property Management Company
  • DOMUS Property Management Company Interior Designer
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.12M
Owner & transaction history
Mbs Real Estate Group LLC · 10 yrs held
Mbs Real Estate Group LLC
since 2016
1 recorded transaction
2016
Price N/A
Zoning & alternative use
C5-1 · New York, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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