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Lower East Side Retail Space
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55 Delancey St, New York, NY 10002

Retail space with basement in high-traffic Lower East Side.

Space Size1,900 SF
Days on Market1586

Property Features for 55 Delancey St

General Information

Standard status Active
Size 1,900 SF
Property subtype Retail, Restaurant
Lease Type Modified Gross

Building Details

Tenancy Multiple

Spaces For Lease

at 55 Delancey St Contact us

38' Frontage on Delancey Street

Size
1,900 SF
Type
Restaurant, Retail
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: RES Commercial Corp
Listed By: Jeffrey Angel · License #31AN1137931
Source: Crexi
Added: Apr 20, 2022 Changed: Aug 15 Last Checked: Aug 21 at 8:29PM

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 RES Commercial Corp

Investment Insights

Based on property information with market context.

This commercial real estate offers approximately 1,900 square feet on the ground floor with an additional 600 square feet in the basement. The space, formerly a gallery, is located on a highly trafficked two-way street in the heart of the Lower East Side. The space is fully white boxed and features approximately 38 feet of frontage and 13-foot ceilings, along with a bathroom and contiguous basement. It is suitable for a variety of uses, including food service. The landlord is open to contributing towards redoing the storefront, and logical divisions may be considered. Immediate possession is available.

Key Highlights

  • Prime Lower East Side location on a highly trafficked two‑way street.
  • Approximately 1,900 rsf ground floor space + 600 rsf basement.
  • Fully white boxed space ready for customization.

Property Analytics

Current Use

Allen and Eldridge Art Gallery 55-61 Delancey Street Apartment Building 55 Sea Construction ... Construction Company Blockband Advertising Agency MILFDAD Clothing Store

Suggested Use

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

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
$15.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

24,917
Businesses Nearby
15k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Citibank Shops & Services
15,431 visits/mo 0.3 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

$65.31 /SF/Yr
Avg Asking Price
$12–$200 /SF/Yr
Price Range
5,708 SF
Avg Space Size

This space is priced 62% above the average of $65.31 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space with basement in high-traffic Lower East Side.
Where is this retail space located?
The property is located at 55 Delancey St New York, NY.
What is the lease rate?
The lease rate is $106 SF/Yr.
What are key features of this property?
This property features: Prime Lower East Side location on a highly trafficked two‑way street.; Approximately 1,900 rsf ground floor space + 600 rsf basement.; Fully white boxed space ready for customization.
(212) 719-7017 Call to check price and availability
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