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NNN Retail Condominium

150 Nassau Street, New York, NY 10038

For Sale
$6,588,000

The space is occupied by a restaurant under an NNN lease with renewal options.

Property Size5,026 SF
Price / SF$1,310
Days on Market25

Property Features for 150 Nassau Street

General Information

Standard status Active
Size 5,026 SF
Zoning C6-4

Site & Location

Neighborhood Downtown

Taxes and HOA fees

Annual Taxes $80,830

Amenities

No
Public
5026

Building Details

Building Size 5,026 SF
Year Built 1900
Listing Agency: All Island Estates Realty Corp
Listed By: Hassan Mahmood
Source: Hedgestonehomes
Added: Oct 21 Changed: Nov 13 Last Checked: Nov 13 at 8:38AM

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 All Island Estates Realty Corp

Rey
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Investment Insights

Based on property information with market context.

This 5,026-square-foot retail condominium is occupied by Brooklyn Chop House under an NNN lease. The space has 20-foot ceilings, sprinklers, three-phase power, newly installed LED lighting, and central air conditioning. The building dates to 1900, and the property carries C6-4 zoning.

The property is on Nassau Street in Manhattan’s Financial District, near the Brooklyn Bridge, Pace University, and New York-Presbyterian Hospital. The tenant’s lease expires March 6, 2030, with three additional five-year options and rent increases of 15% every four years.

Key Highlights

  • 5,026‑square‑foot retail condominium
  • Occupied by Brooklyn Chop House under an NNN lease
  • C6‑4 zoning

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Charles Joan Law Firm 150 Nassau St ... Parking Lot & Garage Chasser Abraham O Law Firm American Tract Society ... Apartment Building Quik Park Nassau Parking Lot & Garage

Suggested Use

Top Pick Pet Grooming Service Nursing Home Clothing & Fashion Store Buffet Parking Lot & Garage Plumbing Service

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

41,723
Businesses Nearby
9k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 70% Hotels & Casinos 30%
Playa Bowls Dining
5,312 visits/mo 0.3 miles
33 Seaport Hotel New York Hotels & Casinos
2,769 visits/mo 0.4 miles
Domino's Pizza Dining
1,000 visits/mo 0.5 miles

Demographics for 10038, NY

25,332
Population
12,624
Households
2
Avg Household Size
33
Median Age
62%
College-Educated
83%
High-School Grad
0.3 sq mi
ZIP Area
84,440
Density / Sq Mi
$115,121
Median Household Income
$87,698
Median Earnings
$3,140
Median Rent
$865,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
NNN property - The space is occupied by a restaurant under an NNN lease with renewal options.
Where is this nnn property located?
The property is located at 150 Nassau Street New York, NY.
What is the asking price?
The asking price for this property is $6,588,000.
What are key features of this property?
This property features: 5,026‑square‑foot retail condominium; Occupied by Brooklyn Chop House under an NNN lease; C6‑4 zoning
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