This exceptional retail opportunity is located at 1471 Amsterdam Avenue in the vibrant Upper Manhattan neighborhood of New York City, New York County, zip code 10027. The property, a newly constructed building completed in 2025, offers a total of 3,850 square feet of retail space, currently entirely vacant and ready for immediate occupancy. The space is configured to accommodate multiple tenants, presenting a unique chance for either a single large-scale retailer or several smaller businesses to establish a presence in this high-traffic area. The building's modern design and prime location make it an ideal space for a variety of retail uses. With its convenient location and ample square footage, this property presents a rare opportunity for businesses seeking to establish or expand their operations in a thriving New York City market. The address is 1471 Amsterdam Avenue, New York, NY 10027. The property is classified as retail with an apartment in house subtype. The total building size is 3,850 square feet, with 3,850 square feet currently vacant. Two individual spaces, each approximately 1,925 square feet, are available for lease. This presents a flexible layout option for prospective tenants. The property is situated at latitude 40.817198 and longitude -73.953099. This is a multiple tenancy property.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$1,398,367
6.5%
$1,290,800
7%
$1,198,600
Comparable approach
Method
Valuation
Relative Method
$1,381,409
Geo Method
$1,381,409
Alternative Use
Use
Valuation
Residential
$1,290,800
Hospitality
$1,182,366
Educational
$983,714
Medical
$1,017,546
Retail
$1,530,223
Location Insight
City
New York
County
New York
State
New York
Latitude
40.8172
Longitude
-73.9531
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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