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Lower-Level Retail Space
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186 Franklin St, New York, NY 10013

Legal lower level retail space available for rent in a TriBeCa rental building.

Property Size3,230 SF
Days on Market163

Property Features for 186 Franklin St

General Information

Standard status Active
Size 3,230 SF
Property subtype RETAIL
Listing Agency: Kassin Sabbagh Realty (KSR)
Listed By: Albert Halawani
Source: Moodyscre
Added: Feb 19 Changed: Jul 29 Last Checked: Jul 31 at 8:23AM

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 Kassin Sabbagh Realty (KSR)

Investment Insights

Based on property information with market context.

This offering is a legal lower level retail space within an existing rental building. The property is identified as retail space and includes a legal lower level configuration suitable for a variety of retail uses consistent with the space’s designation.

The asset is located at 186 Franklin St in TriBeCa, and is described as one of the few rental buildings in the area, which can support tenants seeking a lower-level street-adjacent footprint within a retail-focused setting.

Key Highlights

  • Legal lower level retail space available for rent
  • Located in a TriBeCa rental building
  • Described as one of the few rental buildings in TriBeCa

Property Analytics

Current Use

Hudson Housing Group, ... Construction Company Rose Box NYC (Bike/Boat/Book/etc) Store New Energy Fund ... Training Center

Suggested Use

Top Pick Nursing Home Pet Grooming Service 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

25,118
Businesses Nearby

Demographics for 10013, NY

31,042
Population
15,933
Households
1.9
Avg Household Size
36
Median Age
72%
College-Educated
89%
High-School Grad
0.5 sq mi
ZIP Area
62,084
Density / Sq Mi
$159,474
Median Household Income
$92,765
Median Earnings
$2,378
Median Rent
$2,000,001
Median Home Value

Market

Lease Benchmarks for New York, NY

$89.62 /SF/Yr
Avg Asking Price
$12–$250 /SF/Yr
Price Range
2,906 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Retail space - Legal lower level retail space available for rent in a TriBeCa rental building.
Where is this retail space located?
The property is located at 186 Franklin St New York, NY.
What are key features of this property?
This property features: Legal lower level retail space available for rent; Located in a TriBeCa rental building; Described as one of the few rental buildings in TriBeCa
(347) 204-6578 Call to check price and availability
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