Listing Agency: Alpha Properties NYC S***@AlphaNYC.com Show Phone

Listed By: Sunny I. Zachi

Source: Moodyscre

Added: Nov 20, 2024 Changed: Jul 6 Last Checked: Jul 21 at 4:37AM

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Investment Insights

Based on property information with market context.

This retail space, approximately 450 square feet, is located on East 14th Street between 1st and 2nd Avenue. The space is suitable for a barber shop, nail salon, or gallery. A dry use is preferred.

Key Highlights

• Approx 450 SF store on East 14th Street.
• Located between 1st and 2nd Ave.
• Suitable for barber shop, nail salon, or gallery.

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Nursing Home Adult Day Care Pet Grooming Service Auto Parts Store Clothing & Fashion Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$16.00 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

414

Businesses Nearby

26k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 92% Dining 8%

Splash Car Wash Shops & Services

7,413 visits/mo 0.1 miles

7-Eleven Shops & Services

6,166 visits/mo 0.2 miles

Exxon Shops & Services

4,862 visits/mo 0.2 miles

Sunoco Shops & Services

3,321 visits/mo 0.3 miles

Dandy Mini Mart Shops & Services

2,035 visits/mo 0.3 miles

Market

Lease Benchmarks for New York, NY

$89.62 /SF/Yr

Avg Asking Price

$12–$250 /SF/Yr

Price Range

2,906 SF

Avg Space Size

This space is priced 19% above the average of $89.62 /SF/Yr.

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 lease rate? 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 space available on East 14th Street.

Where is this retail space located?

The property is located at 338 E 14th St New York, NY.

What is the lease rate?

The lease rate is $4,000 /Mo.

What are key features of this property?

This property features: Approx 450 SF store on East 14th Street.; Located between 1st and 2nd Ave.; Suitable for barber shop, nail salon, or gallery.