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Dual-Frontage Retail Space

248 Lafayette Street, New York, NY 10012

For Sale
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The leased space faces both Lafayette and Crosby streets in Manhattan’s SoHo district.

Property Size3,900 SF
Days on Market44

Property Features for 248 Lafayette Street

General Information

Standard status Active
Size 3,900 SF
Property subtype Retail
Occupancy 100%

Site & Location

Neighborhood Nolita

Additional Details

Tenant in Place Yes
Listing Agency: Kassin Sabbagh Realty
Listed By: Albert Sultan
Source: Crexi
Added: Sep 28 Changed: Nov 8 Last Checked: Nov 8 at 2:47PM

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

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Investment Insights

Based on property information with market context.

This retail co-op contains approximately 3,900 SF and has frontage on Lafayette Street and Crosby Street. The space is fully leased. Its addresses are 248 Lafayette Street and 87 Crosby Street in SoHo, Manhattan.

The property sits on Lafayette Street between Spring and Prince Streets, within a district that includes luxury retailers, dining, hospitality, and residential lofts. Nearby retail brands named in the property information include CardVault by Tom Brady and Stüssy. Multiple subway lines serve the area, and Broadway, Prince Street, and Spring Street are identified as surrounding retail corridors.

Key Highlights

  • Approximately 3,900 SF of retail space
  • Frontage on both Lafayette Street and Crosby Street
  • Fully leased retail co‑op

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Maison Kitsuné New ... Clothing Store TopTech Industrial Manufacturer

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

33,920
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Retail space in New York

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Retail space - The leased space faces both Lafayette and Crosby streets in Manhattan’s SoHo district.
Where is this retail space located?
The property is located at 248 Lafayette Street New York, NY.
What are key features of this property?
This property features: Approximately 3,900 SF of retail space; Frontage on both Lafayette Street and Crosby Street; Fully leased retail co‑op
(732) 859-5995 Call to check price and availability
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