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    140 Essex St New York, NY 10002

    For Sale
    Contact for pricing

    10,193 SF retail space in Essex Crossing complex.

    Property size:
    10,193 SF
    Lot size:
    0.26 Acres

    Property Features for 140 Essex St

    General Information

    Size
    10,193 SF
    Lot size
    0.26 Acres

    Source: Newmark - Corporate Agent Brett Siegel

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Essex Street Retail Condominium

    The property at 140 Essex Street is a retail condominium offering, consisting of approximately 10,193 square feet. It is located at the base of a newly constructed senior housing development, situated on the corner of Essex and Rivington Streets, and is part of the Essex Crossing Lower East Side complex. The retail space is comprised of two suites and is currently 100% leased to two established clothing concepts. One suite is occupied by 375 Showroom, consisting of 7,245 square feet on the ground floor and 748 square feet of cellar space. The second tenant, Everything’s Fine Vintage, occupies 2,200 square feet on the ground floor at the corner of Essex Street and Rivington Street. The current Weighted Average Lease Term (WALT) is 8 years.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Everythings Fine Vintage Vintage Clothing Store Happy Honey Handmade ... Reiki Therapist ESSX NYC Clothing Store COCOCO Home Furniture Store

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.8831826
    Latitude
    40.6812105

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    FAQs

    What type of property is this?
    Retail space - 10,193 SF retail space in Essex Crossing complex.
    Where is this retail space located?
    The property is located at 140 Essex St New York, NY.
    What are key features of this property?
    This property features: - 100% leased retail condominium offering stable long-term cash flow.; - Located at the base of a newly constructed senior housing development within the Essex Crossing Lower East Side complex.; - Weighted Average Lease Term (WALT) of 8 years.
    (212) 372-2000
    Request Owner's contact information
    140 Essex St New York, NY 10002
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    New York, NY 10002
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    140 Essex St New York, NY 10002
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