146 46Th StNew York, NY 10017

Property Details for 146 46Th St

Year built

1926

Lot size

0.04 AC

Property size (Sq ft)

6,340 SF

Zone code

C52.5

Property type

Retail residential properties

APN

01300-0047

APU

13000047

Description

This exceptional retail opportunity is situated on the vibrant East 46th Street, boasting a prime location just steps from Grand Central Station. The property offers a total of 1,570 square feet of retail space, strategically divided between 1,250 square feet on the ground floor and an additional 320 square feet on the second floor. This versatile layout provides ample space for a variety of retail uses, benefiting from the high foot traffic characteristic of this bustling area. The ground floor provides excellent street visibility and accessibility for customers, while the second floor offers additional storage or office space, enhancing the overall functionality of the property. Its proximity to Grand Central Station ensures a constant flow of potential customers, making it an ideal location for businesses seeking high visibility and convenient access for commuters and tourists alike. The property is categorized as a single-tenant retail space within New York County, offering a unique opportunity for a business to establish a strong presence in a highly desirable location. This is a rare chance to secure a well-positioned retail space in a thriving commercial hub. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $1,299,757

  6.5%

  $1,199,776

  7%

  $1,114,078

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,283,996

  Geo Method

  $1,283,996

• Alternative Use

  Use

  Valuation

  Residential

  $1,199,776

  Hospitality

  $1,098,988

  Educational

  $914,345

  Medical

  $945,791

  Retail

  $1,422,315

Location Insight

City

New York

County

New York

State

New York

Latitude

40.7535

Longitude

-73.9737

CBSA code

35620

CBSA name

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

Property Tax & Assessments

FAQs

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