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Corner Retail Storefront
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434 Greenwich St, New York, NY 10013

Retail storefront on a prime corner with a long-term leasehold interest and significant vacancy.

Property Size5,500 SF
Price / SF$536.36
Days on Market114

Property Features for 434 Greenwich St

General Information

Standard status Active
Size 5,500 SF
Property subtype RETAIL
Occupancy 27%

Site & Location

Neighborhood Downtown
Listing Agency: RIPCO Real Estate - Queens
Listed By: Stephen R. Preuss
Source: Moodyscre
Added: Jul 9 Changed: Oct 26 Last Checked: Oct 30 at 2:14PM

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 RIPCO Real Estate - Queens

Rey
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Investment Insights

Based on property information with market context.

This for-sale retail storefront is located on a corner and presented with a significant vacancy rate, currently cited at approximately 73% vacant. The property is described as a leasehold asset with 55.5 years remaining on the leasehold, providing a long-term ownership timeline for an investor or user.

The offering is positioned in Tribeca and described as being near national and local retailers and art galleries, supporting continued retail activity in the surrounding area.

The information provided does not include building configuration details, unit count, or specific tenant mix, but the property is marketed as a value-add opportunity based on the stated vacancy and long-term leasehold term remaining.

Key Highlights

  • Retail storefront on a prime corner with a long‑term leasehold interest
  • Approximately 73% vacant retail space, offering potential value‑add for an investor or user
  • 55.5 years remaining on the leasehold for long‑term presence

Property Analytics

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

Current Use

Art Projects International Art Gallery Museum Editions | m+e ... Theater & Performing Art Venue Sanders Law Group Law Firm M P Creative ... Marketing & Advertising Weiss + Reed Architects Architect

Suggested Use

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

27%
Occupancy

Location Intelligence

Trade Area within ½ mile

22,648
Businesses Nearby

Demographics for 10013, NY

31,042
Population
15,933
Households
1.9
Avg Household Size
36
Median Age
72%
College-Educated
89%
High-School Grad
0.5 sq mi
ZIP Area
62,084
Density / Sq Mi
$159,474
Median Household Income
$92,765
Median Earnings
$2,378
Median Rent
$2,000,001
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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 - Retail storefront on a prime corner with a long-term leasehold interest and significant vacancy.
Where is this retail space located?
The property is located at 434 Greenwich 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: Retail storefront on a prime corner with a long‑term leasehold interest; Approximately 73% vacant retail space, offering potential value‑add for an investor or user; 55.5 years remaining on the leasehold for long‑term presence
(516) 647-7155 Call to check price and availability
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