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    28 Water St New York, NY 10004

    For Lease
    $4,800 /Mo ($72 SF/Yr)

    Turn-key salon spaces available near new residential development.

    Property size:
    800 SF
    Lot size:
    0.02 Acres

    Property Features for 28 Water St

    General Information

    Size
    800 SF
    Lot size
    0.02 Acres

    Source: Meridian Capital Group Agent Noam Aziz

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

    Overview

    Retail Space in High-Traffic Area

    This property offers retail office spaces with dedicated window signage and large windows that provide natural light. The second floor is a turn-key hair salon, while the third floor is a turn-key nail salon. The property is located across the street from a brand-new 800-unit residential building and is in close proximity to subway stations. The property has a size of 800 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    The Green Door Beauty ... Nail Salon Subway Caterer Wellness Body Studio ... Day Spa Nelly's II Hair ... Hair Salon

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Daycare Center Gym & Fitness

    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
    -74.011073
    Latitude
    40.703254

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    FAQs

    What type of property is this?
    Retail space - Turn-key salon spaces available near new residential development.
    Where is this retail space located?
    The property is located at 28 Water St New York, NY.
    What is the lease rate?
    The lease rate is $72 SF/Yr.
    What are key features of this property?
    This property features: - Turn-key hair salon on the 2nd floor; - Turn-key nail salon on the 3rd floor; - Highly visible retail office spaces with dedicated window signage
    (212) 972-3600
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    28 Water St New York, NY 10004
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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
    28 Water St New York, NY 10004
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