Listing Agency: Compass East Side

Listed By: Yossi Capland · License #NY 10401309908 Show Phone

Source: Crexi

Added: Sep 16 Changed: Sep 24 Last Checked: Sep 26 at 8:04AM

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Investment Insights

Based on property information with market context.

This retail condominium at 165 Elizabeth Street is fully occupied by a tenant under a lease that runs through 2030. The property is on a NoLiTa block between Spring and Kenmare Streets in Manhattan.

Key Highlights

• 100% tenant occupancy
• Lease in place through 2030
• Located between Spring and Kenmare Streets in NoLiTa

Property Analytics

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Current Use

Shumei New York Church Custom Closets Soho Hardware & Home Improvement

Suggested Use

Top Pick Nursing Home Pet Grooming Service Buffet Adult Day Care Clothing & Fashion Store Parking Lot & Garage

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

100%

Occupancy

Location Intelligence

Trade Area within ½ mile

35,176

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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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - The commercial condominium is fully leased, with the current lease extending through 2030.

Where is this retail space located?

The property is located at 165 Elizabeth Street New York, NY.

What is the asking price?

The asking price for this property is $2,000,000.

What are key features of this property?

This property features: 100% tenant occupancy; Lease in place through 2030; Located between Spring and Kenmare Streets in NoLiTa