Built-Out Retail Bar
For Lease
Contact for pricing
196 Allen St, New York, NY 10002
Large open retail space with highly visible street frontage and a fully built-out bar.
Property Size908 SF
Days on Market495
Property Features for 196 Allen St
General Information
Standard status
Active
Size
908 SF
Property subtype
RETAIL
Listing Agency:
Gavios Realty
(917) 532-6895
Listed By:
Aaron Gavios
(917) 532-6895
Source:
Moodyscre
Added: Mar 25, 2025
Changed: Jul 25
Last Checked: Aug 1 at 12:46PM
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 Gavios Realty
Investment Insights
Based on property information with market context.
This storefront retail space offers a large, open layout with highly visible street frontage. The space is fully built out as a bar, providing an operational configuration for a user seeking ready-to-activate bar service.
The property is located in the heart of the Lower East Side, positioned below the Sixty LES Hotel and across Hotel Indigo. The immediate area includes a high concentration of dining and street-level retail, and multiple subway lines are within short walking distance.
Designed for a bar-forward concept, the interior build-out supports straightforward tenant occupancy within a retail setting that emphasizes street-facing visibility.
The property is located in the heart of the Lower East Side, positioned below the Sixty LES Hotel and across Hotel Indigo. The immediate area includes a high concentration of dining and street-level retail, and multiple subway lines are within short walking distance.
Designed for a bar-forward concept, the interior build-out supports straightforward tenant occupancy within a retail setting that emphasizes street-facing visibility.
Key Highlights
- Large, open retail space with highly visible street frontage
- Fully built‑out bar for an existing or ready‑to‑operate hospitality concept
- Located in the Lower East Side, below Sixty and across Hotel Indigo (296 rooms)
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
27,385
Businesses Nearby
15k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Citibank
Shops & Services
15,431 visits/mo
0.5 miles
Demographics for 10002, NY
82,155
Population
39,646
Households
2.1
Avg Household Size
41
Median Age
39%
College-Educated
71%
High-School Grad
0.8 sq mi
ZIP Area
102,694
Density / Sq Mi
$46,525
Median Household Income
$51,425
Median Earnings
$1,207
Median Rent
$808,500
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Large open retail space with highly visible street frontage and a fully built-out bar.
Where is this retail space located?
The property is located at 196 Allen St New York, NY.
What are key features of this property?
This property features: Large, open retail space with highly visible street frontage; Fully built‑out bar for an existing or ready‑to‑operate hospitality concept; Located in the Lower East Side, below Sixty and across Hotel Indigo (296 rooms)
