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41 Division St $15,000/Mo

Floor

1

Size

2,549 SF

Type

RETAIL

Availability

AVAILABLE, Now

Sublease

No

- Previously “Hypebeast” Flagship Store - Upgraded sound and lighting system -... 15 FT ceilings on the ground floor - 11 FT ceilings in the lower level - Floor-to-ceiling windows - Fully built out with high-end interiors and concrete flooring New HVAC system - Ground floor an d lower level can be leased together or separately - Situated on the south side of Division Street and the Two Bridges area at the intersection of LES, Chinatown, Tribeca, SoHo, and Financial District

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Listing Agency: Meridian Capital Group Show Phone

Listed By: Noam Aziz Show Phone

Source: Moodyscre

Added: Jul 22 Changed: Sep 12 Last Checked: Sep 13 at 10:26AM

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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 Meridian Capital Group

Investment Insights

Based on property information with market context.

This fully built-out retail storefront was previously used as a “Hypebeast” flagship store and features high-end interior finishes with concrete flooring. The ground floor offers 15-foot ceilings, and the lower level has 11-foot ceilings. Floor-to-ceiling windows provide a prominent, glass-forward frontage, and the space includes an upgraded sound and lighting system along with a new HVAC system.

The property is located on the south side of Division Street near the Two Bridges area, at the intersection of LES, Chinatown, Tribeca, SoHo, and the Financial District.

The ground floor and lower level can be leased together or separately, providing flexibility for operators looking for one continuous space or a split layout.

Key Highlights

• 15‑ft ceilings on the ground floor with floor‑to‑ceiling windows
• 11‑ft ceilings in the lower level
• Fully built out with high‑end interiors and concrete flooring

Property Analytics

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Current Use

Hypebeast Clothing Store HBX New York Clothing Store Hypebeans New York Cafe & Coffee Shop

Suggested Use

Top Pick Nursing Home Pet Grooming Service Buffet Clothing & Fashion Store Parking Lot & Garage Plumbing Service

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

$10.59 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

27,692

Businesses Nearby

27k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 96% Dining 4%

Citibank Shops & Services

15,431 visits/mo 0.5 miles

Manhattan Mini Storage Shops & Services

10,809 visits/mo 0.4 miles

Domino's Pizza Dining

1,000 visits/mo 0.2 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

$43.97 /SF/Yr

Avg Asking Price

$12–$90 /SF/Yr

Price Range

2,993 SF

Avg Space Size

This space is priced 61% above the average of $43.97 /SF/Yr.

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

Questions? Ask Rey

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What type of property is this? Where is this storefront properties located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Storefront property - Storefront with 15-foot ground-floor ceilings, floor-to-ceiling windows, and built-out interiors across two leasable levels.

Where is this storefront property located?

The property is located at 41 Division St New York, NY.

What is the lease rate?

The lease rate is $15,000/Mo.

What are key features of this property?

This property features: 15‑ft ceilings on the ground floor with floor‑to‑ceiling windows; 11‑ft ceilings in the lower level; Fully built out with high‑end interiors and concrete flooring