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NNN Retail Condo With Restaurant Tenant
For Sale
$6,588,000

150 Nassau Street New York, Manhattan, NY 10038

Commercial Sale, New York (Manhattan), NY

Property SizeContact for details
Days on Market59

Property Features for 150 Nassau Street New York

General Information

Property type Commercial Sale
Property subtype Other
Zoning C6-4
Standard status Active
APN 0100-7501

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 80830

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Central Air
Water source Public

Amenities

Excellent Signage
Great Exposure
High 20' Ceilings
3 Phase Power
All New LED Lighting
CAC

Building Details

Year built 1900
Building materials Frame
Listing Agency: All Island Estates Realty Corp
Listed By: Richard Matt Shane · License #10301216230
Added: Jun 26 Changed: Aug 19 Last Checked: Aug 23 at 3:06PM
MLS# 1019017

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This retail condominium contains 5,000+ square feet and is occupied by a restaurant tenant under an NNN lease. The space includes high 20' ceilings, sprinklers, 3 phase power, new LED lighting, central air conditioning, and prominent signage. C6-4 zoning is identified for the property, with an R10 equivalent designation noted in the listing.

The property is at 150 Nassau Street in Manhattan’s Financial District, near the Brooklyn Bridge, Pace University, and New York Presbyterian Hospital. Surrounding businesses and institutions include the New York Stock Exchange, Starbucks, Chase Bank, Citibank, Tiffany & Co., Marriott Hotels, Whole Foods, Target, CVS, and other national retailers.

The lease provides a 15% increase every 4 years and includes (3) 5 Year Options. Public water and public sewer serve the property, which was built in 1900.

Key Highlights

  • 5,000+ Sqft. retail condo occupied by a restaurant tenant
  • NNN lease with 15% Increase Every 4 Years and (3) 5 Year Options
  • C6‑4 zoning with R10 Equivalent designation

Property 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 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.

Lease Details

Single-tenant
Tenancy
Yes
Sprinkler system

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

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Manhattan commercial condominium leased to a restaurant under an NNN structure.
Where is this nnn property located?
The property is located at 150 Nassau Street New York Manhattan, 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: 5,000+ Sqft. retail condo occupied by a restaurant tenant; NNN lease with 15% Increase Every 4 Years and (3) 5 Year Options; C6‑4 zoning with R10 Equivalent designation
More about this property
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