HELL S KITCHEN RARE OPPORTUNITY CENTRAL LOCATION TENTH AVE NEW YORK CITY CONCEPTUAL RENDERING

Transcription

1 HELL S KITCHEN RARE OPPORTUNITY CENTRAL LOCATION 615 TENTH AVE NEW YORK CITY CONCEPTUAL RENDERING

2 CONCEPTUAL RENDERING RETAIL OPPORTUNITY THE WEST SIDE OF MANHATTAN IS THE CITY S FASTEST GROWING NEIGHBORHOOD 137,000-SF DEVELOPMENT 6,046 SF OF RETAIL Located on the southwest corner of West 45th Street, the retail space boasts an expansive 159 FT of frontage along Tenth Avenue and West 45th Street. 615 Tenth Avenue is a rare retail opportunity in the heart of Hell s Kitchen, a fast-growing community of diverse restaurants and retail shops, wide tree-lined streets and a refreshing mix of pre-war and postmodern architecture. 6,046 SF of retail to be located at the base of a new, 92-unit, high-end residential condominium, DUO an exciting new project that brings a sense of calm and serenity to this prosperous and thriving neighborhood. The project will feature two modern residential buildings, a lush courtyard at its heart, and a glass amenities bridge overlooking the street-level retail offerings.

3 SPACE DETAILS SPACE Ground Floor Single Tenant *Space A *Space B *Space C Space D *proposed divisions CEILING HEIGHTS Ground Floor 6,046 SF 1,785 SF 1,910 SF 2,351 SF 814 SF 15 FT APPROXIMATE FRONTAGE West 45th Street 79 FT Tenth Avenue Single Tenant 80 FT *Space A 24 FT *Space B 28 FT *Space C 28 FT West 44th Street Space D 15 FT *proposed divisions TERM Long term POSSESSION 3Q 2019 SITE STATUS New development RENT Upon request NEIGHBORS Target (coming soon), Gotham Market, Chase, Drybar, Kiehl s, The Marshal, 44 & X Hell s Kitchen, Pio Pio and CVS pharmacy COMMENTS The retail space is located at the base of a new high-end residential condominium This is the only large scale retail opportunity centrally located in Hell s Kitchen Surrounded by thousands of residential units Logical divisions considered Vented for cooking WEST 44TH STREET WEST 44TH STREET 15 FT 15 FT GROUND FLOOR LOADING DOCK GROUND FLOOR PROPOSED DIVISIONS LOADING DOCK SPACE D 814 SF SPACE D 814 SF TENTH AVENUE SPACE A 1,785 SF 6,046 SF 80 FT SPACE B 1,910 SF SPACE C 2,351 SF 24 FT 28 FT 28 FT TENTH AVENUE 79 FT 79 FT

4 THE AREA THE HELL S KITCHEN NEIGHBORHOOD OFFERS AN EXCITING OPPORTUNITY FOR RETAILERS This evolving neighborhood has transformed from an industrial corridor to a desirable residential neighborhood with many developments recently completed and many more expected. It has also become a cultural hub recently with the addition of several new art complexes. Hell s Kitchen is a dynamic, vibrant area that has its own food scene and it s becoming even more integrated with the Theater District.

5 THE MARKET 615 TENTH AVE NEW YORK CITY 1/4 Mile 19,604 ESTIMATED DAYTIME POPULATION 15,056 TOTAL RESIDENTIAL POPULATION $101,623 AVERAGE HOUSEHOLD INCOME 72.84% POPULATION BETWEEN /2 Mile 19,928 ESTIMATED DAYTIME POPULATION 45,127 TOTAL RESIDENTIAL POPULATION $107,319 AVERAGE HOUSEHOLD INCOME 73.49% POPULATION BETWEEN 25-64

6 COMING SOON Lexus of Manhattan WEST 47TH STREET Office Uni K Wax Abare Sushi Leon Bakery Dunkin Donuts Casa Agave Balkanika AA Jing ESCO Super Drugs Fuel Grill PARK DBL Kahve Coffee Tulcingo Stylish Ten Spa Hell s Kitchen Dental Food Market B Squared Urban Deli Jadite Gallery Bar Catalina Medical Associates Mud, Sweat, Tears Community Health Center Giaimo & Giaimo Siri Thai Hell s Chicken Kiabacca Hellcat Annies Taproom Landmark Tavern 61 5 Gotham West Market T EN T H AV E NEW YORK CIT Y WEST 44TH STREET Meme Mediterranean Landsdowne Road Westside Steakhouse Pet Ark Gourmet Unlimited WEST 43RD STREET Grand Cru Wine & Spirits TENTHN AVENUE Le Bon Choix Queen of Shiba Clinton Gourmet Dianne & Elisabeth Kitchen and Wine Bar WEST 42ND STREET The Out Hotel KTCHN WEST 41ST STREET Ninth Avenue Vinter Riposo 46 Galaxy Diner Panda Express Samba Brazil Mercury Bar Tartina La Carafe Bali Nusa City Sandwich Obao Southern Hospitality Cara Mia Yum Yum Thai Two Fish Health Salon Tasty Hand Pulled Noodles Juice Generation Smoke Vape Five Napkin Burger Grace Wine and Spirits Omni Cleaner Dunkin Donuts Baskin Robbins Pio Pio H&R Block Claudio Pizza Mr. Biggs Mama Mia Duane Reade Blossom du Jour Ajisa Sushi Lenny s Dalton s Bar Chimichirri Grill Vivi Bubble Tea Garden City Deli Chipotle Mattress Firm Westway Diner T-Mobile American Apparel Patron Mexican Grill Sprint Turco Mediterranean Grill Starbucks Strand Hong Cleaners Wine and Liquors Happy Family Coffee The Pearl 7 Eleven House Subway Theater All Stars Chirping Chicken Strand Nails Massage Iron Workers Union Envy CVS/pharmacy New York Sightseeing Duane Reade Smiler s Deli Bocca di Bacco Piccini Brothers Poseidon Bakery Rudy s Bar Two Boots Pizza L Allegria Walter s Cottage La Vela Room Service Restaurant Healthy Market New Kam Wei Lali Restaurant Daisy Nails The Marshal 44 1/2 Hallo Berlin 44 & X Hell s Kitchen Chase Food Emporium Ollie s Restaurant Treehaus Drybar Pershing Kava Square Cafe Signature Theatre West Bank Cafe Citibank Theatre Stage Playwrights Chez The Parm Row 42 Horizons Josephine New Diner Group DYER AVENUE ELEVENTH AVENUE WEST 46TH STREET Open Loop Latitude Bar Amarone Restaurant Kiehl s Beyond Vape Charlotte Jones Optician Empire Cleaners Amy s Bread Lazaro Grocery Meat Market Metro PCS Yum Yum Too Anejo Taquileria Westway Medallion Sales Danny s Cycles Brazil Grill Mazzella s Market NINTH AVENUE Valentin s Hair Design Psychic Hell s Kitchen Inc. Tattoo Al s Cycle Solutions Nano Muscle Maker Grill 5 Bros Market New York Inn Subway Brasserie Athenee A Slice of New York Pizza Wahlburgers Mash Army & Navy Store Amorino Black Sushi Carve Cafe Iron Bar & Grill Il Forno Hell s Kitchen Nizza L Ybane Wine Bar Restaurant Juice Press NYC Gift Center Smile Dentist Smith s Bar & Restaurant Marseille Restaurant Bread Factory Sticky s Finger Joint Pinkberry Metro Pets At Nine TD Bank Subway Shake Shack Camera & Computers Maoz Vegetarian Port Deli Hi-Tech Electronics Qi Thai City MD 7 Eleven Papaya Dog Starbucks Merci MedRite Market Urgent Super Barber Care Shop Shorty s Dave s Tavern Empire Coffee Dunkin Donuts Duane Reade Cohen s Port Authority Carlo s Bake Shop Fashion Bus Optical Terminal Port Authority Building PNC Bank Heartland Brewery EIGHTH AVENUE WEST 48TH STREET

7 JAVITS CONVENTION CENTER 455 West 37th Street 1,335 Units MANTENA 431 West 37th Street 98 Units West 39th Street 528 Units West 37th Street 131 Units WEST 38TH STREET Ninth Avenue 555 Tenth Avenue 598 Units Hampton In Exp 210 Keys Candlewood Suites 188 Keys Hampton Inn 186 Keys Metro Apartments 96 Keys FASHION DISTRICT RIVER PLACE 650 West 42nd Street 921 Units SILVER TOWERS 620 West 42nd Street 1,359 Units The Out 103 Keys Element 411 Keys Yotel 713 Keys 400 West 42nd Street 665 Keys PORT AUTHORITY BUS TERMINAL Fairfield Inn 244 Keys Four Points 244 Keys SKY 605 West 42nd Street 1,175 Units 520 West 41st Street 1,400 Units Travel Inn 160 Keys 535 West 43rd Street 280 Units 484 West 43rd Street ORION 1,639 Units 350 West 43rd Street 321 Units MiMa TOWER 460 West 42nd Street 814 Units THE ATELIER 635 West 42nd Street 478 Units Pod Hotel 527 Keys The Westin 863 Keys 572 Eleventh Avenue Completed by Units 505 West 43rd Street 106 Units Comfort Inn 70 Keys Intercontinental 600 Keys The Row 1,331 Keys GOTHAM WEST 550 West 45th Street 1,236 Units The 414 Hotel 22 Keys The French Quarters 21 Keys Riu Plaza 600 Keys TIMES SQUARE HELL S KITCHEN Comfort Inn 89 Keys 517 West 45th Street 39 Units 61 5 T EN T H AV E N E W Y O R K C I T Y New York Inn 45 Keys Holiday Inn 179 Keys The Belvedere 400 Keys Ink48 Hotel 222 Keys 540 West 49th Street 110 Units Skyline 230 Keys STELLA TOWER 425 West 50th Street 51 Units ONE WORLDWIDE PLAZA WEST 51ST STREET Washington Jefferson 139 Keys Hampton Inn 300 Keys HUDSON RIVER DEWITT CLINTON PARK 548 West 53rd Street 103 Units 525 West 52nd Street 392 Units 416 West 52nd Street 155 Units THE SORTING HOUSE 320 West 52nd Street 30 Units 611 West 56th Street Completed by Units ELEVENTH AVENUE MERCEDES HOUSE 550 West 54th Street 864 Units TENTH AVENUE 424 West 55th Street 17 Units NINTH AVENUE EIGHTH AVENUE MIDTOWN VIA 57 WEST 625 West 57th Street 709 Units 606 West 57th 1,028 Units THE HELENA 601 West 57th Street 597 Units Holiday Inn 597 Keys WEST 57TH STREET Windermere 175 Rooms NEW RESIDENTIAL DEVELOPMENT COMPLETED DEVELOPMENT HOTELS 4,564 NEW RESIDENTIAL UNITS BY ,630 TOTAL HOTEL KEYS 2017 CONTACT EXCLUSIVE AGENTS THOMAS CHOLNOKY tcholnoky@rkf.com BRANDON EISENMAN beisenman@rkf.com 521 FIFTH AVENUE, FLOOR 7, NEW YORK, NY T F info@rkf.com ROBERT K. FUTTERMAN & ASSOCIATES, LLC All information is from sources believed reliable, not independently verified, and thus subject to errors, omissions, and modifications such as price, listing, square footage, rates and commissions. All information, estimates and projections subject to change, market assumptions, unknown facts and conditions, and future potentialities. RKF makes no express or implied representations or warranties, as facts and results may vary materially from all information, estimates and projections. All renderings presented are conceptual.