Renovated Retail Storefront with Split
For Lease
Contact for pricing
59 1st Ave, New York, NY 10003
Recently renovated East Village storefront with two split units and 200-amp, 3-phase electrical service.
Space Size550 SF
Days on Market92
Property Features for 59 1st Ave
General Information
Standard status
Active
Size
550 SF
Property subtype
RETAIL
Spaces For Lease
at 59 1st Ave Contact us- Floor
- 1
- Size
- 550 SF
- Type
- RETAIL
- Availability
- AVAILABLE, Now
- Sublease
- No
59 1st Ave $5,800/Mo
- Recently renovated East Village storefront between 3rd & 4th St, with two split...
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Listing Agency:
Titan Group New York
(516) 784-0478
Listed By:
Tyler Zar
Source:
Moodyscre
Added: Jun 16
Changed: Sep 8
Last Checked: Sep 15 at 6:06AM
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 Titan Group New York
Investment Insights
Based on property information with market context.
Recently renovated East Village storefront between 3rd & 4th St, currently set up with two split units. The space includes 200 amps of 3-phase electrical service, supporting a range of retail and service concepts.
The former use was “Pizza Hub,” and the space can be vented by the tenant, which may support food-related operations where venting is required.
Overall, the unit configuration and electrical capacity are suited for tenants seeking a refreshed storefront with flexibility between two split spaces.
The former use was “Pizza Hub,” and the space can be vented by the tenant, which may support food-related operations where venting is required.
Overall, the unit configuration and electrical capacity are suited for tenants seeking a refreshed storefront with flexibility between two split spaces.
Key Highlights
- Recently renovated East Village storefront between 3rd & 4th St
- Two split units in place
- 200 amps, 3‑phase electrical service
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$18.98 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
22,140
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 10003, NY
57,076
Population
30,730
Households
1.9
Avg Household Size
32
Median Age
82%
College-Educated
96%
High-School Grad
0.6 sq mi
ZIP Area
95,127
Density / Sq Mi
$153,750
Median Household Income
$82,560
Median Earnings
$2,772
Median Rent
$1,137,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for New York, NY
$43.97 /SF/Yr
Avg Asking Price
$12–$90 /SF/Yr
Price Range
3,043 SF
Avg Space Size
This space is priced 188% above the average of $43.97 /SF/Yr.
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Storefront property - Recently renovated East Village storefront with two split units and 200-amp, 3-phase electrical service.
Where is this storefront property located?
The property is located at 59 1st Ave New York, NY.
What is the lease rate?
The lease rate is $5,800/Mo.
What are key features of this property?
This property features: Recently renovated East Village storefront between 3rd & 4th St; Two split units in place; 200 amps, 3‑phase electrical service
