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Mixed-Use Walk-Up Building
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124 Chambers Street, New York, NY 10007

Six-story walk-up with an established ground-floor restaurant and residential units, supported by recently upgraded electrical service.

Property SizeContact for details
Days on Market124

Property Features for 124 Chambers Street

General Information

Standard status Active
Property subtype Mixed Use, Industrial
Listing Agency: Avison Young - New York
Listed By: Will Suarez · License #NY 10401238182
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 11:15AM

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 Avison Young - New York

Investment Insights

Based on property information with market context.

This six-story walk-up mixed-use building includes an established ground-floor restaurant tenant, Ecco! Restaurant. The residential component comprises one fully renovated free-market unit on the 3rd floor and four IMD units located on the 2nd, 4th, 5th, and 6th floors. The property’s electrical system has been recently upgraded, with 400-amp service for the restaurant and 200-amp service for the residential units.

The building is located between Church Street and West Broadway at the intersection of Tribeca and the Financial District neighborhoods.

Cushman & Wakefield has been exclusively retained to arrange for the sale of 124 Chambers Street.

Key Highlights

  • 6‑story walk‑up mixed‑use building at 124 Chambers Street
  • Established ground‑floor tenant: Ecco! Restaurant with long‑term tenancy
  • Residential mix includes 1 fully renovated free‑market unit on the 3rd floor

Property Analytics

Current Use

Poseidon Restaurant

Suggested Use

Top Pick Pet Grooming Service Nursing Home Clothing & Fashion Store Buffet Locksmith (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.

Location Intelligence

Trade Area within ½ mile

34,109
Businesses Nearby
Under-served
Demand for This Use

Demographics for 10007, NY

8,421
Population
3,711
Households
2.3
Avg Household Size
35
Median Age
86%
College-Educated
98%
High-School Grad
0.2 sq mi
ZIP Area
42,105
Density / Sq Mi
$250,001
Median Household Income
$150,470
Median Earnings
$3,501
Median Rent
$2,000,001
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Six-story walk-up with an established ground-floor restaurant and residential units, supported by recently upgraded electrical service.
Where is this conventional restaurant located?
The property is located at 124 Chambers Street New York, NY.
What are key features of this property?
This property features: 6‑story walk‑up mixed‑use building at 124 Chambers Street; Established ground‑floor tenant: Ecco! Restaurant with long‑term tenancy; Residential mix includes 1 fully renovated free‑market unit on the 3rd floor
More about this property
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