Net-Leased Retail Condo with Dunkin
208 E 13TH ST New York, NY 10003
208 E 13TH ST, New York, NY, 10003
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For Sale
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A 1,064 SF retail condominium net-leased to Dunkin, with brand-new construction completed in 2013.
Property Size1,064 SF
Price / SF$2,772
Days on Market21
Property Features for 208 E 13TH ST
General Information
- Standard status
- Active
- Size
- 1,064 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2013
Listing agency
Marcus & Millichap - Manhattan
(212) 430-5229
Listed by
Scott Plasky · License #NY 40PL1176852
Source
Crexi
Added: Jul 1 Updated: Jul 21 at 5:35AM Checked: Jul 21 at 5:35AM
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 Marcus & Millichap - Manhattan
Investment Insights
Based on property information with market context.
Located at 208 E 14th Street, this approximately 1,064 SF retail condominium is net-leased to Dunkin, a nationally recognized quick-service restaurant operator. The unit was constructed brand-new in 2013.
The property is positioned within a dense urban retail corridor with strong pedestrian and transit traffic. As a condominium interest structure, it provides a dedicated retail asset with an existing, established tenant in place.
This offering presents a straightforward opportunity to acquire a Manhattan net-leased retail condo occupied by a major national operator.
The property is positioned within a dense urban retail corridor with strong pedestrian and transit traffic. As a condominium interest structure, it provides a dedicated retail asset with an existing, established tenant in place.
This offering presents a straightforward opportunity to acquire a Manhattan net-leased retail condo occupied by a major national operator.
Key Highlights
- 1,064 SF retail condominium at 208 East 14th Street in Manhattan’s East Village/Union Square corridor
- Net‑leased to Dunkin, a quick‑service restaurant operator with 10,000+ locations in the US
- Brand‑new construction completed in 2013 (unit built in 2013)
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $280.9k | $264.00 |
| − Vacancy | −$33.7k | −$31.68 |
| EGI | $247.2k | $232.32 |
| − OpEx | −$61.8k | −$58.08 |
| NOI | $185.4k | $174.24 |
1,064 SF · lease $264.00/SF/yr · vacancy 12.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$2.65M
$2.32M – $3.09M
NOI $185,391 @ 7.0% cap · market cap 6.28%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Gay Filmmakers NYC
Film Production
Bureau of General Services—Queer ...
(Bike/Boat/Book/etc) Store
The Lesbian, Gay, Bisexual ...
Advocacy Group
Identity House
Social Service Agency
Sirens MC
Advocacy Group
Similar For Sale Nearby
Similar Off Market Nearby
- Bibliotheque — 54 Mercer St, New York, NY 10013
- Top Coffe Café — 80 Spring St #808, New York, NY 10012
- Starbucks — 72 Spring St, New York, NY 10012
- The Marquesina Coffee — 69 Mercer St, New York, NY 10012
- Café Volt — 458 Broadway, New York, NY 10013
FAQs
What type of property is this?
Coffee shop - A 1,064 SF retail condominium net-leased to Dunkin, with brand-new construction completed in 2013.
Where is this coffee shop located?
The property is located at 208 E 13TH ST New York, NY.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: 1,064 SF retail condominium at 208 East 14th Street in Manhattan’s East Village/Union Square corridor; Net‑leased to Dunkin, a quick‑service restaurant operator with 10,000+ locations in the US; Brand‑new construction completed in 2013 (unit built in 2013)
