Listing Agency: Avison Young - New York b***@avisonyoung.com Show Phone

Listed By: Brent Glodowski · License #10401245896

Source: Crexi

Added: Apr 11 Changed: Aug 13 Last Checked: Aug 28 at 8:25PM

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Investment Insights

Based on property information with market context.

This offering is a retail investment property for sale, presented with a stated 5.05% cap rate and 5,820 SF total area.

The property is located at 354 Bowery in New York, NY 10012.

Additional details on layout, tenant occupancy, and specific improvements were not provided with the available information.

Key Highlights

• Retail property for sale with a 5.05% cap rate
• 5,820 SF retail building

Property Analytics

Property Profile

Current Use

Online Viewing Room Department Of Education Silvershed Art Gallery

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.

Location Intelligence

Trade Area within ½ mile

33,717

Businesses Nearby

Explore this area Business Placement

Demographics for 10012, NY

23,125

Population

14,568

Households

1.6

Avg Household Size

35

Median Age

83%

College-Educated

96%

High-School Grad

0.3 sq mi

ZIP Area

77,083

Density / Sq Mi

$130,938

Median Household Income

$88,301

Median Earnings

$2,731

Median Rent

$1,500,000

Median Home Value

Market

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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Frequently Asked Questions

What type of property is this?

Retail space - Retail property offered for sale with 5.05% cap rate and 5,820 SF total area.

Where is this retail space located?

The property is located at 354 Bowery New York, NY.

What are key features of this property?

This property features: Retail property for sale with a 5.05% cap rate; 5,820 SF retail building