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Chatham Square Office Space
For Lease
$1,200/Mo

7 Chatham Sq 5, New York, NY 10038

Prime commercial office location in the heart of Chinatown.

Space SizeContact for details
Property Size277 SF
Lot Size0.18 Acres
Days on Market165

Property Features for 7 Chatham Sq 5

General Information

Standard status Active
Size 277 SF
Lot size 0.18 Acres
Property subtype Commercial
Lease Term 12 months

Taxes and HOA fees

Annual Taxes $5,035

Building Details

Building Size 277 SF
Year Built 1920
Listing Agency: CPRE Elite Inc
Listed By: Xiaoyan He
Source: Elliman
Added: Mar 11 Changed: Aug 8 Last Checked: Aug 8 at 6:22AM

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 CPRE Elite Inc

Investment Insights

Based on property information with market context.

Located in the heart of Chinatown, this commercial office space is situated in Chatham Square. The property is intended for use as office space.

Key Highlights

  • Prime commercial office location.
  • Located in the heart of Chinatown.
  • Chatham Square location.

Property Analytics

Current Use

Tin Sun Metaphysics ... Alternative Medicine Practice Ivan Lee, DDS Dental Office Christina Tsim Dpm Physician Aung Zaw MD Physician Barry C Schneps ... Law Firm

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

36,022
Businesses Nearby
Well-served
Demand for This Use

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

Lease Benchmarks for New York, NY

$55.51 /SF/Yr
Avg Asking Price
$6–$165 /SF/Yr
Price Range
22,661 SF
Avg Space Size

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office space - Prime commercial office location in the heart of Chinatown.
Where is this office space located?
The property is located at 7 Chatham Sq 5 New York, NY.
What is the lease rate?
The lease rate is $1,200/Mo.
What are key features of this property?
This property features: Prime commercial office location.; Located in the heart of Chinatown.; Chatham Square location.
More about this property
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