Listing Agency: Baseline Real Estate Advisors

Listed By: Michael Sherman · License #NY 10491210823

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 6:19PM

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Investment Insights

Based on property information with market context.

This mixed-use property includes a restaurant component that is currently vacant, offering a defined commercial element within the building.

The property is located at 87 E 4th St in New York, NY 10003, within the East Village.

Key Highlights

• Mixed‑use building with restaurant component
• Restaurant space is currently vacant
• Located at 87 E 4th St, New York, NY 10003

Property Analytics

Property Profile

Current Use

Via Della Pace Restaurant

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

29,470

Businesses Nearby

Explore this area Business Placement

Demographics for 10003, NY

57,076

Population

30,730

Households

1.9

Avg Household Size

32

Median Age

82%

College-Educated

96%

High-School Grad

0.6 sq mi

ZIP Area

95,127

Density / Sq Mi

$153,750

Median Household Income

$82,560

Median Earnings

$2,772

Median Rent

$1,137,000

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?

Mixed-use property - Mixed-use property featuring a vacant restaurant component on East 4th Street.

Where is this mixed-use property located?

The property is located at 87 E 4th St New York, NY.

What are key features of this property?

This property features: Mixed‑use building with restaurant component; Restaurant space is currently vacant; Located at 87 E 4th St, New York, NY 10003