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Chinatown Office Unit
For Lease
$1,000/Mo

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

Unit 5 supports professional office or retail use within a mixed office and retail building.

Space SizeContact for details
Property Size277 SF
Days on Market340

Property Features for 7 Chatham Square Unit 5 New York

General Information

Standard status Active
Size 277 SF
Property subtype Office

Space & Availability

Space Use Office
Sublease No

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $5,035

Building Details

Building Size 277 SF
Year Built 1920
Tenancy Multi
Listing Agency: CPRE Elite Inc
Listed By: Xiaoyan He
Source: Serhant
Added: Oct 22, 2025 Changed: Sep 20 Last Checked: Sep 24 at 4:15PM

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 building containing both office and retail units. The space can serve as a professional office or retail store, giving occupants flexibility across two commercial formats.

The property is at 7 Chatham Square in Manhattan’s Chinatown, near subway lines and bus service. Built in 1920, the building includes three commercial condominium units, with Units C6 and C7 identified alongside Unit 5. Purchase of all three units provides access to the foyer at no charge.

Key Highlights

  • Unit 5 commercial condominium
  • Suitable for professional office or retail store use
  • Building includes office and retail units

Property Analytics

Current Use

Office Units

Suggested Use

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

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

$48.84 /SF/Yr
Avg Asking Price
$11.91–$109 /SF/Yr
Price Range
12,878 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 - Unit 5 supports professional office or retail use within a mixed office and retail building.
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 $1,000/Mo.
What are key features of this property?
This property features: Unit 5 commercial condominium; Suitable for professional office or retail store use; Building includes office and retail units
More about this property
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