Ground-Floor Retail with Office
For Lease
Contact for pricing
87 ELIZABETH ST, New York, NY 10013
Flexible ground-floor space with private rooms and high ceilings, suited for retail or showroom concepts.
Space Size2,000 SF
Days on Market66
Property Features for 87 ELIZABETH ST
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Retail
Building Details
Building Size
2,000 SF
Tenancy
Single
Spaces For Lease
at 87 ELIZABETH ST Contact us- Size
- 2,000 SF
- Type
- Retail
- Lease Type
- Modified Gross
- Availability
- Active
Space 1
Listing Agency:
Grand & Co Brooklyn NYC
Listed By:
David Shapiro · License #10491207907
Source:
Crexi
Added: Jun 8
Changed: Aug 8
Last Checked: Aug 11 at 7:27PM
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 Grand & Co Brooklyn NYC
Investment Insights
Based on property information with market context.
Available for lease is a ground-floor retail space at 87 Elizabeth Street. The premises are approximately 2,000 SF and currently configured with multiple private rooms and offices, creating a layout that can support a variety of front-of-house and back-of-house uses. High ceilings add additional versatility for showroom, gallery, boutique, or other experiential retail environments. The space is in a single-floor configuration, which can simplify day-to-day operations and tenant build-out planning.
The property is positioned on a prominent downtown Manhattan retail corridor at the intersection of Nolita, Little Italy, and Chinatown. This central setting places the space within an active mix of neighborhood retail and creative activity.
For tenants seeking a flexible ground-floor footprint, the existing office build-out offers a practical starting point for uses that benefit from separate rooms, while the open-plan transformation potential supports more visual, merchandising-forward concepts. The high ceilings and single-level layout can accommodate a broad range of retail and creative requirements, from gallery-style presentations to boutique merchandising.
The property is positioned on a prominent downtown Manhattan retail corridor at the intersection of Nolita, Little Italy, and Chinatown. This central setting places the space within an active mix of neighborhood retail and creative activity.
For tenants seeking a flexible ground-floor footprint, the existing office build-out offers a practical starting point for uses that benefit from separate rooms, while the open-plan transformation potential supports more visual, merchandising-forward concepts. The high ceilings and single-level layout can accommodate a broad range of retail and creative requirements, from gallery-style presentations to boutique merchandising.
Key Highlights
- Approximately 2,000 SF ground‑floor retail space at 87 Elizabeth Street in downtown Manhattan
- Flexible layout with multiple private rooms and office build‑out for a variety of retail concepts
- High ceilings suitable for showroom, gallery, boutique, or experiential retail use
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
33,012
Businesses Nearby
Explore this area
Business Placement
Demographics for 10013, NY
31,042
Population
15,933
Households
1.9
Avg Household Size
36
Median Age
72%
College-Educated
89%
High-School Grad
0.5 sq mi
ZIP Area
62,084
Density / Sq Mi
$159,474
Median Household Income
$92,765
Median Earnings
$2,378
Median Rent
$2,000,001
Median Home Value
Market
Lease Benchmarks for New York, NY
$70.65 /SF/Yr
Avg Asking Price
$12–$200 /SF/Yr
Price Range
5,957 SF
Avg Space Size
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Retail space - Flexible ground-floor space with private rooms and high ceilings, suited for retail or showroom concepts.
Where is this retail space located?
The property is located at 87 ELIZABETH ST New York, NY.
What are key features of this property?
This property features: Approximately 2,000 SF ground‑floor retail space at 87 Elizabeth Street in downtown Manhattan; Flexible layout with multiple private rooms and office build‑out for a variety of retail concepts; High ceilings suitable for showroom, gallery, boutique, or experiential retail use
