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    135 Reade St New York, NY 10013

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    For Sale
    $6,995,000

    Mixed-use property in prime TriBeCa location with strong cash flow.

    Property size:
    5,450 SF
    Lot size:
    0.09 Acres

    Property Features for 135 Reade St

    General Information

    Size
    5,450 SF
    Lot size
    0.09 Acres

    Source: Avison Young | New York Agent Brandon Polakoff

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

    Overview

    TriBeCa Mixed-Use Investment Opportunity

    This mixed-use property is located in a prime TriBeCa location. The property offers a strong in-place cash flow with immediate upside. It features a long-term retail lease with stable, yet increasing, cash flow. The property is situated in a transportation hub. The property size is 5450 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Bar 135 Bar

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Hair Salon Law Firm 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
    -74.0096904
    Latitude
    40.7162945

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property in prime TriBeCa location with strong cash flow.
    Where is this mixed-use property located?
    The property is located at 135 Reade St New York, NY.
    What is the asking price?
    The asking price for this property is $6,995,000.
    What are key features of this property?
    This property features: - Strong In-Place Cash Flow with Immediate Upside; - Long-Term Retail Lease with Stable Yet increasing Cash-Flow; - Prime TriBeCa Location
    (609) 610-1771
    Request Owner's contact information
    135 Reade St New York, NY 10013
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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
    135 Reade St New York, NY 10013
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