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Office Unit with Retail Use
New
For Lease
$1,200/Mo

7 Chatham Square #5 New York, New York, NY 10038

The unit is identified for professional office or retail occupancy within a mixed office-and-retail building.

Space SizeContact for details
Property Size277 SF
Days on Market2

Property Features for 7 Chatham Square #5 New York

General Information

Standard status Active
Size 277 SF
Lease Term 12 Months

Site & Location

Neighborhood South Street Seaport
Public Transit Yes

Additional Details

Space Use Office

Taxes and HOA fees

Annual Taxes $5,035

Building Details

Building Size 277 SF
Year Built 1920
Tenancy Multi
Listing Agency: More and More Real Estate
Listed By: Marie Hoey
Source: Moreandmorerealestate
Added: Nov 1 Last Checked: Nov 1 at 3:41PM

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 More and More Real Estate

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Investment Insights

Based on property information with market context.

Office condominium unit 5 is located in a building containing office and retail units. The property is identified for use as a professional office or retail store, offering two stated occupancy options within the same unit.

The building is at Chatham Square in Manhattan’s Chinatown, near subway and bus service. The property is one of three commercial condominium units referenced at the address; the other units are identified as C6 and C7.

Key Highlights

  • Office or retail use identified for unit 5
  • Located in an office‑and‑retail building at Chatham Square in Chinatown
  • Near subway lines and bus service

Property Analytics

Current Use

Office Units

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$7.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

37,693
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

Lease Benchmarks for New York, NY

$48.66 /SF/Yr
Avg Asking Price
$11.91–$109 /SF/Yr
Price Range
13,822 SF
Avg Space Size

This space is priced 7% above the average of $48.66 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Office unit - The unit is identified for professional office or retail occupancy within a mixed office-and-retail building.
Where is this office unit located?
The property is located at 7 Chatham Square #5 New York 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: Office or retail use identified for unit 5; Located in an office‑and‑retail building at Chatham Square in Chinatown; Near subway lines and bus service
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