Listing Agency: RIPCO Real Estate - Queens Show Phone

Listed By: Stephen R. Preuss · License #NY 10401281448 Show Phone

Source: Moodyscre

Added: Jul 26, 2024 Changed: Jul 6 Last Checked: Jul 21 at 6:32AM

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Investment Insights

Based on property information with market context.

This retail condo offers a high-vacancy situation, delivered 85% vacant, presenting an opportunity for an investor or user. The property features prime exposure and visibility with approximately 180 feet of wrap-around frontage along Rivington Street and Suffolk Street. It includes a selling and usable lower level. The property is situated in an ideal Lower East Side location and has a total property size of 12,113 square feet.

Key Highlights

• Prime Lower East Side location
• High‑vacancy retail condo (85% vacant) offering investment/user opportunity
• Significant frontage (~180 FT) on Rivington & Suffolk Streets providing high visibility

Property Analytics

Property Profile

Current Use

150 Rivington Street ... Condominium Complex Leah Kaufman Nutrition, ... Medical Clinic Brentson LLC Hardware & Home Improvement

Suggested Use

Top Pick Nursing Home Auto Parts Store Pet Grooming Service Buffet (Bike/Boat/Book/etc) Store Veterinary Clinic

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

19,434

Businesses Nearby

15k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Citibank Shops & Services

15,431 visits/mo 0.3 miles

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

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Retail condo with prime exposure in the Lower East Side.

Where is this retail space located?

The property is located at 150 Rivington St New York, NY.

What is the asking price?

The asking price for this property is $6,700,000.

What are key features of this property?

This property features: Prime Lower East Side location; High‑vacancy retail condo (85% vacant) offering investment/user opportunity; Significant frontage (~180 FT) on Rivington & Suffolk Streets providing high visibility