334 73Rd StNew York, NY 10021

Property Details for 334 73Rd St

Year built

1910

Lot size

0.06 AC

Property size (Sq ft)

10,090 SF

Zone code

R8B

Property type

Retail residential properties

APN

01447-0033

APU

14470033

Description

This exceptional retail opportunity is located at 334 E 73rd St, in the desirable Lenox Hill submarket of Manhattan's Upper East Side. The property offers a total of 6,000 square feet across multiple tenancies, with one space currently available for lease. This space comprises 2,300 square feet on the main level, complemented by an additional 1,000 square feet of lower-level space. Previously occupied by a cigar lounge, the space benefits from excellent visibility and high foot traffic due to its location on a tree-lined block. The area boasts a vibrant mix of restaurants, bars, and other businesses, ensuring a strong customer base. Furthermore, the property enjoys exceptional accessibility, with easy walking distance to the 4, 6, N, Q, and R subway lines, as well as numerous bus routes. This makes the location highly convenient for both employees and customers. The property's versatile layout and prime location make it ideal for a variety of retail uses. The combination of high foot traffic, convenient transportation, and a thriving neighborhood makes this a truly exceptional retail investment opportunity in one of Manhattan's most sought-after areas. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $2,068,541

  6.5%

  $1,909,423

  7%

  $1,773,035

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,043,457

  Geo Method

  $2,043,457

• Alternative Use

  Use

  Valuation

  Residential

  $1,909,423

  Hospitality

  $1,749,021

  Educational

  $1,455,165

  Medical

  $1,505,210

  Retail

  $2,263,590

Location Insight

City

New York

County

New York

State

New York

Latitude

40.7686

Longitude

-73.9563

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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