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Retail Space with Soaring Ceilings
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114 Delancey St, New York, NY 10002

Newly demised ground floor offers a wide-open layout with soaring ceilings and flexible multi-level leasing options.

Property Size4,800 SF - 6,500 SF
Days on Market583

Property Features for 114 Delancey St

General Information

Standard status Active
Size 4,800 SF - 6,500 SF
Net Rentable 4,800 SF
Property subtype RETAIL

Space & Availability

Available Space 4,800-6,500 SF
Contiguous Space 6,500 SF
Listing Agency: RES Commercial
Listed By: Sam Khoury · License #31AN1137931
Source: Moodyscre
Added: Dec 24, 2024 Changed: Jul 30 Last Checked: Jul 30 at 12:38PM

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 RES Commercial

Investment Insights

Based on property information with market context.

Newly demised ground-floor retail space previously part of Rainbow, delivered as a wide-open, flexible footprint. The ground floor features about 16’ soaring ceilings and approximately 15’ frontage, with the entrance located steps from the corner of Essex Street with the Subway entrance.

The ground floor can also be connected to additional space for a multi-level flagship layout, with the ability to lease about 4,800 RSF on the 2nd floor and about 6,500 RSF on the 3rd floor. The upper floors were recently demoed and opened up for abundant natural light, with approximately 12’ ceilings on the 2nd floor and about 10’ ceilings on the 3rd floor.

Ground and upper-floor space can be leased together or separately, and the property notes that a variety of uses—including retail, grocery, wine & spirits, and some food operations—are under consideration across the floors.

Key Highlights

  • About 16’ soaring ceilings on the ground floor
  • Approximately 15’ frontage
  • Ground‑floor space steps from the corner of Essex Street with the Subway entrance

Property Analytics

Current Use

McDonald's Restaurant Actors Federal Credit ... Atm Kmk Inc Big Box & Wholesale Store

Suggested Use

Top Pick Nursing Home Pet Grooming Service Auto Parts Store Buffet Adult Day Care Clothing & Fashion 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.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

24,917
Businesses Nearby
15k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Citibank Shops & Services
15,431 visits/mo 0.3 miles

Demographics for 10002, NY

82,155
Population
39,646
Households
2.1
Avg Household Size
41
Median Age
39%
College-Educated
71%
High-School Grad
0.8 sq mi
ZIP Area
102,694
Density / Sq Mi
$46,525
Median Household Income
$51,425
Median Earnings
$1,207
Median Rent
$808,500
Median Home Value

Market

Lease Benchmarks for New York, NY

$89.62 /SF/Yr
Avg Asking Price
$12–$250 /SF/Yr
Price Range
2,906 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Retail space - Newly demised ground floor offers a wide-open layout with soaring ceilings and flexible multi-level leasing options.
Where is this retail space located?
The property is located at 114 Delancey St New York, NY.
What are key features of this property?
This property features: About 16’ soaring ceilings on the ground floor; Approximately 15’ frontage; Ground‑floor space steps from the corner of Essex Street with the Subway entrance
(212) 719-7017 Call to check price and availability
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