Listing Agency: Tiger Realty Show Phone

Listed By: Ken Zheng · License #10311210405 Show Phone

Source: Exprealty

Added: Jan 29 Changed: Aug 23 Last Checked: Aug 20 at 9:54PM

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Investment Insights

Based on property information with market context.

The Retail/Ground Floor at 75 Allen Street is a commercial condominium unit situated on the main floor of a 6-story mixed-use condo building. The retail space offers a total of 3,046 square feet, which includes a half bath and finished basement storage space. It is located in the heart of the Lower East Side, just off of the Williamsburg Bridge and close to the neighborhood's restaurants, shopping, and businesses.

Key Highlights

• Located in the heart of the Lower East Side.
• 3,046 square feet of total space.
• Commercial condominium unit.

Property Analytics

Property Profile

Current Use

New Empire Trading ... Big Box & Wholesale Store

Suggested Use

Top Pick Nursing Home Pet Grooming Service Buffet Adult Day Care Clothing & Fashion Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

25,507

Businesses Nearby

16k

Monthly Visits Nearby

Explore this area Business Placement

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

Market

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

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Frequently Asked Questions

What type of property is this?

Retail space - Commercial condo in Lower East Side with basement storage.

Where is this retail space located?

The property is located at 75 Allen St New York, NY.

What is the asking price?

The asking price for this property is $1,800,000.

What are key features of this property?

This property features: Located in the heart of the Lower East Side.; 3,046 square feet of total space.; Commercial condominium unit.