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    109 Bowery New York, NY 10002

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    For Lease
    Contact for pricing

    Sublease opportunity with existing installations and direct elevator access.

    Property size:
    3,360 SF
    Lot size:
    0.10 Acres

    Property Features for 109 Bowery

    General Information

    Size
    3,360 SF
    Lot size
    0.10 Acres

    Source: Retail By MONA Agent Brandon L. Singer

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

    Overview

    Bowery Plug-and-Play Office Space

    This plug-and-play office space, totaling 3,360 square feet, features existing installations, private bathrooms, and direct elevator access to the floor. The space includes pre-built teller and office spaces. An opportunity exists to sublease an entire building, with the term running through August 31, 2028. Floors can be leased separately. The property is located on Bowery, a bustling street, and is steps from the Grand Street subway station, which services 5.8 million annual riders. The location is within Chinatown, where residents spend $1.15 billion each year on retail goods and services. The property is suitable for office space, banks, individual retail properties, and other retail uses.
    Location Intelligence

    Current Use by Public Records

    Hanover Bank Bank

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Food Market Clothing Store 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
    -73.9949967
    Latitude
    40.717717

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    FAQs

    What type of property is this?
    Office space - Sublease opportunity with existing installations and direct elevator access.
    Where is this office space located?
    The property is located at 109 Bowery New York, NY.
    What are key features of this property?
    This property features: - Plug-and-play space with existing installation, private bathrooms, and direct elevator access.; - Opportunity to sublease an entire building (Term through August 31, 2028).; - Pre-built teller and office spaces included.
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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
    109 Bowery New York, NY 10002
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