Retail Space in Luxury
For Sale
Contact for pricing
100 Chambers St, New York, NY
3,495 SF retail space with 125 feet of frontage.
Property Size3,495 SF
Lot Size0.04 Acres
Price / SF$1,573
Days on Market479
Property Features for 100 Chambers St
General Information
Standard status
Active
Size
3,495 SF
Lot size
0.04 Acres
Property subtype
RETAIL
Listing Agency:
Avison Young | New York
(212) 729-7140
Listed By:
Brent Glodowski · License #10401245896
(202) 246-4123
Source:
Moodyscre
Added: May 26, 2025
Changed: Sep 15
Last Checked: Sep 15 at 7:43AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Avison Young | New York
Investment Insights
Based on property information with market context.
This offering features 3,495 square feet of ground floor retail space. The property includes 125 feet of wraparound frontage along Chambers and Church Streets. The space is delivered vacant and is located at the base of a newly constructed, luxury condominium building. The location provides proximity to the 1, 2, 3, A, C, R, and W train lines.
Key Highlights
- 3,495 SF of ground floor retail space
- Boasting 125 Feet of wraparound frontage along Chambers and Church Streets
- Located on the base of a newly constructed, luxury condominium building
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$491,832
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.94%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$9,836,640
$9.8M
Cap Rate 7%
$7,026,171
$7.0M
Cap Rate 9%
$5,464,800
$5.5M
Market Conditions
NOI Build-Up for 3,495 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$823.7K $235.68/SF
− Vacancy
−$121.1K −$34.64/SF
EGI
$702.6K $201.04/SF
− OpEx
−$210.8K −$60.31/SF
NOI
$491.8K $140.72/SF
Area
New York, NY
Vacancy
14.70%
Lease Rate
$235.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$9,836,640
Cap Rate 7%
$7,026,171
Cap Rate 9%
$5,464,800
Alternative Uses
Best Use
Retail
$7.03M
$6.15M – $8.20M
NOI $491,832 @ 7.0% cap · market cap 8.94%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$8.70M
$7.61M – $10.15M
NOI $608,969 @ 7.0% cap · market cap 11.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
34,109
Businesses Nearby
15k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 66%
Shops & Services 34%
Playa Bowls
Dining
5,312 visits/mo
0.5 miles
Chase Bank
Shops & Services
5,207 visits/mo
0.4 miles
Chipotle Mexican Grill
Dining
4,856 visits/mo
0.4 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Retail space - 3,495 SF retail space with 125 feet of frontage.
Where is this retail space located?
The property is located at 100 Chambers St New York, NY.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: 3,495 SF of ground floor retail space; Boasting 125 Feet of wraparound frontage along Chambers and Church Streets; Located on the base of a newly constructed, luxury condominium building
