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Four-Story Mixed-Use Building
For Sale
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23 Chatham Square, New York, NY 10038

Ground-floor banking improvements include basement utility, with office space arranged across the upper levels.

Property SizeContact for details
Days on Market144

Property Features for 23 Chatham Square

General Information

Standard status Active
Property subtype Retail, Office
Zoning C6-1G

Site & Location

Corner Location Yes
Public Transit Yes

Building Details

Buildings 1
Stories 4
Tenancy Single
Abandoned No
Listing Agency: Cushman & Wakefield New York
Listed By: Michael Decheser · License #NY 10301208353
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 1:54PM

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 Cushman & Wakefield New York

Investment Insights

Based on property information with market context.

23 Chatham Square is a four-story mixed-use building with a ground-level bank branch, usable basement area, and office space on the floors above. The property is currently occupied by a bank and is expected to become vacant. Approximately 1,900 SF of unused commercial air rights are included in the building’s development profile.

The property occupies a prominent position at Kim Lau Square, where Bowery, East Broadway, and Oliver Street meet. It is within a C6-1G Commercial District and the TA Special Transit Land Use District. Residential conversion would require a special permit. The building is also near a planned Second Avenue Subway stop and next to B, D, 4, 5, 6, J, and Z train service.

Key Highlights

  • Four‑story mixed‑use building at 23 Chatham Square
  • Ground‑floor bank branch with usable basement area
  • Office space occupies the upper floors

Property Analytics

Current Use

Lin Ze Xu ... Sculpture

Suggested Use

Top Pick Nursing Home Pet Grooming Service Buffet Clothing & Fashion Store 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

Location Intelligence

Trade Area within ½ mile

34,786
Businesses Nearby

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 Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor banking improvements include basement utility, with office space arranged across the upper levels.
Where is this mixed-use property located?
The property is located at 23 Chatham Square New York, NY.
What are key features of this property?
This property features: Four‑story mixed‑use building at 23 Chatham Square; Ground‑floor bank branch with usable basement area; Office space occupies the upper floors
(212) 660-7706 Call to check price and availability
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