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Two-Story Restaurant Condo
For Sale
$2,998,000

106 DUANE ST Unit 106, New York, NY 10007

Vacant restaurant property with commercial kitchen infrastructure, cold storage, and flexible event or creative-use potential.

Property Size5,500 SF
Price / SF$545.09
Days on Market714

Property Features for 106 DUANE ST Unit 106

General Information

Standard status Active
Size 5,500 SF
Property subtype Apartment

Amenities

Window Air Conditioning
High Ceiling
3
No Fence
No Parking.
City
None.

Building Details

Year Built 1915
Listing Agency:
Listed By: Douglas Elliman Real Estate
Source: Xome
Added: Sep 17, 2024 Changed: Aug 29 Last Checked: Aug 30 at 1:57PM

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 Douglas Elliman Real Estate

Investment Insights

Based on property information with market context.

This vacant two-story restaurant condominium combines approximately 3,000 square feet of above-grade space with an approximately 2,500-square-foot basement. The property includes a 17' 2" ceiling, two exhaust systems serving the kitchen and bar/BBQ areas, and three refrigerated cold storage rooms. Window air conditioning is provided, and the building dates to 1915.

Located at 106 Duane Street in New York, the property is surrounded by luxury residences, hotels, civic destinations, and Lower Manhattan courthouses. Nearby connectivity includes subway lines 1, 2, 3, A, C, R, W, J, Z, 4, 5, and 6, along with the M20 and M22 bus routes. The existing restaurant infrastructure supports continued food-service use, while the layout also accommodates the event venue and creative hub concepts identified for the space.

Key Highlights

  • Approximately 3,000 sq ft plus approximately 2,500 sq ft basement
  • 17' 2" ceiling height
  • Two exhaust systems for kitchen and bar/BBQ areas

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Nursing Home Pet Grooming Service Clothing & Fashion Store Buffet Locksmith (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

38,250
Businesses Nearby
5k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 100%
Playa Bowls Dining
5,312 visits/mo 0.4 miles

Demographics for 10007, NY

8,421
Population
3,711
Households
2.3
Avg Household Size
35
Median Age
86%
College-Educated
98%
High-School Grad
0.2 sq mi
ZIP Area
42,105
Density / Sq Mi
$250,001
Median Household Income
$150,470
Median Earnings
$3,501
Median Rent
$2,000,001
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Vacant restaurant property with commercial kitchen infrastructure, cold storage, and flexible event or creative-use potential.
Where is this conventional restaurant located?
The property is located at 106 DUANE ST Unit 106 New York, NY.
What is the asking price?
The asking price for this property is $2,998,000.
What are key features of this property?
This property features: Approximately 3,000 sq ft plus approximately 2,500 sq ft basement; 17' 2" ceiling height; Two exhaust systems for kitchen and bar/BBQ areas
More about this property
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