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Commercial Office Condominium
For Lease
$1,200/Mo

7 Chatham Square Unit 5 New York, Manhattan, NY 10038

Office condominium in a mixed office-and-retail building near subway and bus service.

Space SizeContact for details
Days on Market43

Property Features for 7 Chatham Square Unit 5 New York

General Information

Standard status Active

Additional Details

Space Use Office
Public Transit Yes

Amenities

near Subway Lines/Bus Line

Building Details

Year Built 1920
Tenancy Multi
Listing Agency: CPRE Elite Inc
Listed By: Xiaoyan He
Source: Focusreg
Added: Jul 20 Changed: Aug 28 Last Checked: Aug 30 at 8:51PM

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.

Unit 5 is a commercial condominium within a mixed-use building containing office and retail units. The property supports professional office use and is also identified for retail use, providing a flexible commercial configuration for the space.

The property is positioned at 7 Chatham Square in Manhattan’s Chinatown, with subway lines and bus service nearby. The building dates to 1920 and includes a shared foyer arrangement associated with the building’s commercial condominium ownership structure.

Key Highlights

  • Commercial condominium identified as Unit 5
  • Mixed building with office and retail units
  • Professional office or retail use supported

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Nursing Home Pet Grooming Service (Bike/Boat/Book/etc) Store Butcher Adult Day Care Tattoo & Piercing Shop

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

23,343
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 Manhattan, NY

$48.98 /SF/Yr
Avg Asking Price
$11.91–$109 /SF/Yr
Price Range
13,625 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
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Frequently Asked Questions

What type of property is this?
Office units - Office condominium in a mixed office-and-retail building near subway and bus service.
Where is this office units located?
The property is located at 7 Chatham Square Unit 5 New York Manhattan, NY.
What is the lease rate?
The lease rate is $1,200/Mo.
What are key features of this property?
This property features: Commercial condominium identified as Unit 5; Mixed building with office and retail units; Professional office or retail use supported
More about this property
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