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Retail Space Below Sixty LES
For Lease
Contact for pricing

196 Allen St, New York, NY 10002

High-visibility retail space available for rent in New York.

Space Size908 SF
Days on Market567

Property Features for 196 Allen St

General Information

Standard status Active
Size 908 SF
Property subtype RETAIL

Spaces For Lease

at 196 Allen St
196 Allen St AVAILABLE, Now
Floor 1
Size 908 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Located in the heart of the Lower East Side, below Sixty - LES Hotel and across Hotel Indigo (296 rooms) - Large, open space with highly-visible street frontage - 183,000 area residents and growing within a .5-m radius - 200+ restaurants and cafes within walking distance - High traffic area, surrounded by boutiques, restaurants, museums and hotels - Fully built out bar - 4 subway lines within short walking distance
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Listing Agency: Gavios Realty
Listed By: Aaron Gavios
Source: Moodyscre
Added: Mar 25, 2025 Changed: Sep 11 Last Checked: Oct 11 at 9:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gavios Realty

Investment Insights

Based on property information with market context.

This retail space, located below the Sixty LES Hotel, offers high visibility. The property provides 908 square feet of space and is suitable for commercial real estate purposes.

Key Highlights

  • High‑visibility retail space
  • Located below Sixty LES Hotel
  • Retail space

Property Analytics

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Open Analytics

Current Use

Rockwood Music Hall Music Venue Tamara Hey Vocational School

Suggested Use

Top Pick Nursing Home Auto Parts Store Pet Grooming Service Buffet Adult Day Care Clothing & Fashion 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

Location Intelligence

Trade Area within ½ mile

27,385
Businesses Nearby
15k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Citibank Shops & Services
15,431 visits/mo 0.5 miles

Demographics for 10002, NY

82,155
Population
39,646
Households
2.1
Avg Household Size
41
Median Age
39%
College-Educated
71%
High-School Grad
0.8 sq mi
ZIP Area
102,694
Density / Sq Mi
$46,525
Median Household Income
$51,425
Median Earnings
$1,207
Median Rent
$808,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for New York, NY

$44.73 /SF/Yr
Avg Asking Price
$12–$84 /SF/Yr
Price Range
5,006 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Retail space - High-visibility retail space available for rent in New York.
Where is this retail space located?
The property is located at 196 Allen St New York, NY.
What are key features of this property?
This property features: High‑visibility retail space; Located below Sixty LES Hotel; Retail space
(917) 532-6895 Call to check price and availability
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