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Lower East Side Retail Storefront
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72 Forsyth St, New York, NY 10002

White-box retail space with an open rectangle layout, suited for dry uses.

Space Size1,100 SF
Days on Market53

Property Features for 72 Forsyth St

General Information

Standard status Active
Size 1,100 SF
Property subtype RETAIL

Spaces For Lease

at 72 Forsyth St Contact us

72 Forsyth St $6,950/Mo

Floor
1
Size
1,100 SF
Type
RETAIL
Availability
AVAILABLE, Now
Sublease
No
- Open rectangle layout - Delivered in white-box condition - Charming Lower East...
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Listing Agency: Meridian Capital Group
Listed By: Noam Aziz
Source: Moodyscre
Added: Jul 23 Changed: Sep 5 Last Checked: Sep 13 at 9:55AM

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 Meridian Capital Group

Investment Insights

Based on property information with market context.

This storefront retail space features an open rectangle layout and is delivered in white-box condition, providing a clean starting point for tenant improvements.

Situated on the Lower East Side in Manhattan, the property is positioned along a fast-evolving retail corridor.

The space is described as a good fit for noon-vented food concepts and dry uses such as vintage clothing, subject to applicable permitting and design requirements.

Key Highlights

  • White‑box retail space delivered for tenant buildout
  • Open rectangle layout designed for flexible retail configurations
  • Lower East Side storefront retail space

Property Analytics

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Open Analytics

Current Use

Forsyth Rentals Park

Suggested Use

Top Pick Nursing Home Pet Grooming Service Buffet Clothing & Fashion Store Adult Day Care Parking Lot & Garage

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
$11.37 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

25,507
Businesses Nearby
16k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 94% Dining 6%
Citibank Shops & Services
15,431 visits/mo 0.3 miles
Domino's Pizza Dining
1,000 visits/mo 0.4 miles

Demographics for 10002, NY

82,155
Population
39,646
Households
2.1
Avg Household Size
41
Median Age
39%
College-Educated
71%
High-School Grad
0.8 sq mi
ZIP Area
102,694
Density / Sq Mi
$46,525
Median Household Income
$51,425
Median Earnings
$1,207
Median Rent
$808,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for New York, NY

$43.97 /SF/Yr
Avg Asking Price
$12–$90 /SF/Yr
Price Range
2,993 SF
Avg Space Size

This space is priced 72% above the average of $43.97 /SF/Yr.

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - White-box retail space with an open rectangle layout, suited for dry uses.
Where is this storefront property located?
The property is located at 72 Forsyth St New York, NY.
What is the lease rate?
The lease rate is $6,950/Mo.
What are key features of this property?
This property features: White‑box retail space delivered for tenant buildout; Open rectangle layout designed for flexible retail configurations; Lower East Side storefront retail space
(212) 468-5984 Call to check price and availability
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