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Two-Building Mixed-Use Property
For Sale
Contact for pricing
Pending

5 Chatham Square, New York, NY 10038

Separate retail buildings include an indoor arcade and free-market residential units on Chatham Square and Mott Street.

Property SizeContact for details
Days on Market144

Property Features for 5 Chatham Square

General Information

Standard status Pending
Property subtype Retail, Mixed Use

Additional Details

Multifamily Units 3

Building Details

Buildings 2
Tenancy Multi
Listing Agency: Newmark - New York Headquarters
Listed By: Maurice Suede · License #NY 10401234134
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 12:10AM

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 Newmark - New York Headquarters

Investment Insights

Based on property information with market context.

This mixed-use property comprises two separate buildings on an irregular lot. The Mott Street building rises four stories and combines ground-floor retail with an indoor arcade and three free-market residential units above. It provides 25 feet of frontage and includes residential occupancy under a single lease through May 31, 2031. The Chatham Square building is a two-story retail structure with 25 feet of frontage and will be delivered vacant.

The property also includes air rights associated with 1-4 Chatham Square, leased through 2051. The existing retail lease at the Mott Street building expires March 31, 2022. Together, the buildings offer a combination of retail, residential, and separately situated commercial improvements at 5 Chatham Square and 8 Mott Street.

Key Highlights

  • Two separate buildings on an irregular lot at 5 Chatham Square and 8 Mott Street
  • Four‑story Mott Street mixed‑use building with ground‑floor indoor arcade
  • Three free‑market residential units above the Mott Street retail space

Property Analytics

Current Use

Dr. Lijun Song, ... Physician Chiming Kwan, MHS Physician Johnson Liu Alternative Medicine Practice Dr. Tsai C. ... Physician Dr. Yuanze Hong, ... Physician

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

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

36,022
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 Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Separate retail buildings include an indoor arcade and free-market residential units on Chatham Square and Mott Street.
Where is this mixed-use property located?
The property is located at 5 Chatham Square New York, NY.
What are key features of this property?
This property features: Two separate buildings on an irregular lot at 5 Chatham Square and 8 Mott Street; Four‑story Mott Street mixed‑use building with ground‑floor indoor arcade; Three free‑market residential units above the Mott Street retail space
More about this property
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