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    164 1St Ave New York, NY 10009

    Sponsored
    For Lease
    $100 SF/Yr

    Prime East Village location, 800 sq ft.

    Lot size:
    400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail space, located at 164 1st Ave in New York City's vibrant East Village, offers a unique opportunity for a discerning business owner. The property boasts a total of 800 square feet, comprised of 400 square feet on the ground floor and an additional 400 square feet in the basement. Its prime location ensures high visibility and significant foot traffic, making it ideal for a variety of retail ventures. The space is currently available for lease as a single-tenant occupancy. The asking rent is $4,000 per month. The property is situated in New York County, New York, within the 10009 zip code. This is a fantastic opportunity to establish or expand your business in one of Manhattan's most sought-after neighborhoods. The property is suitable for many uses, however, smoke shops and CBD businesses will not be considered. The property's address is 164 1st Ave, New York, NY 10009. Its geographic coordinates are latitude 40.7287646 and longitude -73.9841332. This is a rare opportunity to secure a well-positioned retail space in a high-demand area.

    Property Features for 164 1St Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    400 SF

    Unit(s) available at that property

    Space
    Size
    400 SF
    Rate per SF
    $100

    HighLights

    • 800 SF retail space in the East Village, NYC.
    • 400 SF ground floor + 400 SF basement.
    • $4,000/month rent.
    • High visibility & foot traffic location at 164 1st Ave, New York, NY 10009.
    • Single‑tenant occupancy; Smoke shops and CBD businesses excluded.
    Property Profile Location Intelligence

    Current Use by Public Records

    べろんべろん Japanese Restaurant Jintan Japanese Restaurant

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9841332
    Latitude
    40.7287646

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    FAQs

    What type of property is this?
    Retail property - Prime East Village location, 800 sq ft.
    Where is this retail property located?
    The property is located at 164 1St Ave New York, NY.
    What is the lease rate?
    The lease rate is $100 SF/Yr.
    What are key features of this property?
    This property features: 800 SF retail space in the East Village, NYC.; 400 SF ground floor + 400 SF basement.; $4,000/month rent.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    164 1St Ave New York, NY 10009
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