28 30Th StNew York, NY 10001

Property Details for 28 30Th St

Year built

1915

Lot size

0.06 AC

Property size (Sq ft)

11,280 SF

Zone code

M1-6

Property type

Retail residential properties

APN

00831-0055

APU

8310055

Description

This exceptional 2,400-square-foot retail space is ideally situated at 28 West 30th Street in the heart of New York City, New York County, zip code 10001. The property is classified as a single-tenant strip center, offering a unique opportunity for a business seeking a prominent location. The entire space is currently vacant, presenting a blank canvas for a prospective tenant to customize and design to their specific needs. The ground floor location ensures high visibility and accessibility for customers. With its convenient address and ample square footage, this property is perfectly positioned to attract a significant customer base. The building's total square footage mirrors the available space, indicating a single-occupancy structure. This presents a rare opportunity for a business to establish a strong presence in a vibrant and densely populated area of Manhattan. The property's location offers excellent access to public transportation, making it easily accessible for both employees and customers. This turnkey retail space is ready for immediate occupancy, allowing for a swift and efficient business launch. Serious inquiries are encouraged to explore the potential of this remarkable retail opportunity. The property is located at 40.7462901 latitude and -73.9879425 longitude.

• CAP approach

  CAP return

  Valuation

  6%

  $2,312,502

  6.5%

  $2,134,617

  7%

  $1,982,144

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,284,460

  Geo Method

  $2,284,460

• Alternative Use

  Use

  Valuation

  Residential

  $2,134,617

  Hospitality

  $1,955,298

  Educational

  $1,626,785

  Medical

  $1,682,732

  Retail

  $2,530,554

Location Insight

City

New York

County

New York

State

New York

Latitude

40.7463

Longitude

-73.9879

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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