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502 E 74th St 1,200 - 2,400 SF of Retail Space Available in New York, NY 10021
HIGHLIGHTS
- Two stories totaling 2,400 sqft
- Incredibly Convenient for Families with Children: Within a few blocks of PS 158, M177, Eleanor Roosevelt High School, Lycee Francais de New York, and
- Excellent Subway Accessibility: Only a few blocks away are entrances to the Q and 6 trains, which connect to Times Square, Grand Central, Union Square
- Great Accessibility to Medical Facilities: On the same block as Memorial Sloan Kettering and only a couple of blocks from multiple HSS, NY Presbyteria
- Fantastic Development Potential: The building's R10 Zoning allows for 10 FAR (R12 (UAP) / FAR 12 UAP)
- Generous Outdoor Space / Rare Curb Cut
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,200 SF | Negotiable | $117.03 CAD/SF/YR $9.75 CAD/SF/MO $140,432 CAD/YR $11,703 CAD/MO | TBD | ||
| 2nd Floor | 1,200 SF | Negotiable | $117.03 CAD/SF/YR $9.75 CAD/SF/MO $140,432 CAD/YR $11,703 CAD/MO | TBD |
1st Floor
Rare full-building lease on the Upper East Side with curb cut
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 2,400 SF of adjacent space
2nd Floor
Rare full-building lease on the Upper East Side with curb cut
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 2,400 SF of adjacent space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 2,400 SF | Gross Leasable Area | 2,400 SF |
| Property Type | Retail | Year Built | 1910 |
| Total Space Available | 2,400 SF |
| Property Type | Retail |
| Gross Leasable Area | 2,400 SF |
| Year Built | 1910 |
ABOUT THE PROPERTY
B6 Real Estate Advisors has been exclusively retained to lease the building at 502 East 74th Street, Manhattan, New York (the "Property). The property consists of two floors and with building dimensions of approximately 21' x 62', located on the South Side of East 74th St, East of York Avenue. The property presents a rare opportunity for a business to secure full, exclusive use of the building.
NEARBY MAJOR RETAILERS
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502 E 74th St
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