For Sale
$550,000

534 42Nd St New York, NY 10036

Vacant 183 SF Retail Space, $550K

Overview

Added:
Dec 11, 2024
Days on market:
138
This 183-square-foot vacant retail condo at 534 W 42nd Street in New York, NY 10036, presents a unique investment opportunity. Located in a vibrant area with high foot traffic, this property boasts excellent visibility on 42nd Street, just one block from the Hudson River, Pier 84, and Circle Line tourist destinations. Its proximity to the Intrepid Museum, numerous luxury residential apartments, and Beacon High School ensures a consistent flow of potential customers. The space is ideal for various retail uses, including convenience stores, tobacco shops, ATMs, or phone stores. The property is a single-tenancy unit with a modified lease type. The asking price is $550,000. Annual property taxes are $5,642, and monthly common charges are $769.02. This compact retail space offers significant potential for growth and return on investment in a prime Manhattan location. The property is currently vacant, allowing for immediate occupancy and customization to suit a buyer's specific needs.

Highlights

  • Common Charges: $769.02/month
  • Annual Real Estate Taxes: $5,642
  • Price: Contact for Price

Property Details for 534 42Nd St

Property type
Retail properties, Retail space
Square Feet
183 SF

Location Insight

City
New York
County
New York
State
New York
Latitude
40.7600156
Longitude
-73.9970803

FAQs

What type of property is this?
Retail property - Vacant 183 SF Retail Space, $550K
Where is the retail property located?
The property is located at 534 42Nd St New York, NY.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Common Charges: $769.02/month; Annual Real Estate Taxes: $5,642; Price: Contact for Price
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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534 42Nd St
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