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Retail Space with Basement
For Lease
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70 E 1st St, New York, NY 10003

Ground floor retail space with basement in Manhattan.

Space Size300 SF
Days on Market1213

Property Features for 70 E 1st St

General Information

Standard status Active
Size 300 SF
Property subtype Retail

Building Details

Tenancy Single

Spaces For Lease

at 70 E 1st St Contact us

Available Space

Size
300 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Titan Group NewYork
Listed By: Adam Lavian · License #NY 10401290416
Source: Crexi
Added: May 2, 2023 Changed: Aug 11 Last Checked: Aug 24 at 9:49PM

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 Titan Group NewYork

Investment Insights

Based on property information with market context.

This retail space is suitable for various general retail uses. The space offers immediate occupancy and has an approximate size of 200 square feet on the ground floor, along with a basement. The lease term is negotiable. Potential business uses include juice bars, cafes, coffee shops, barbershops, salons, shoe stores, clothing stores, and food courts. It could also accommodate nail salons, hair salons, spas, day cares, schools, pet stores, dry cleaners, laundromats, and bike shops. Other possible uses are bagel shops, hospitality businesses, art galleries, physical therapy centers, acupuncture clinics, fitness centers, gyms, yoga studios, psychologists' offices, medical facilities, wedding planners, children's boutiques, interior design studios, fashion design studios, showrooms, animal rescues, architecture firms, catering services, fast food outlets, coffee shops, commissary kitchens, ice cream parlors, delis, restaurants, gastropubs, wine and liquor stores, bars, lounges, party halls, event spaces, pizza restaurants, sushi restaurants, steakhouses, clubs, vegan restaurants, noodle shops, and franchises such as Dunkin Donuts, Starbucks, and Chipotle. The space could also be used as a Kosher, casual food, seafood, Mexican, Peruvian, Greek, French, Spanish, Cuban, Korean, Asian, Japanese, Chinese, Mediterranean, Vietnamese, Italian, Ukrainian, Indian, or Turkish restaurant, or for any other food-related use.

Key Highlights

  • Immediate occupancy available
  • No broker fees
  • Suitable for a wide range of retail uses, such as juice bars, cafes, and clothing stores

Property Analytics

Current Use

Pinky's Space Art Gallery Cafe La Fe Cafe & Coffee Shop Cherry Velvet Space Art Gallery

Suggested Use

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

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
$30.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

27,558
Businesses Nearby

Demographics for 10003, NY

57,076
Population
30,730
Households
1.9
Avg Household Size
32
Median Age
82%
College-Educated
96%
High-School Grad
0.6 sq mi
ZIP Area
95,127
Density / Sq Mi
$153,750
Median Household Income
$82,560
Median Earnings
$2,772
Median Rent
$1,137,000
Median Home Value

Market

Lease Benchmarks for New York, NY

$50.31 /SF/Yr
Avg Asking Price
$12–$90 /SF/Yr
Price Range
6,524 SF
Avg Space Size

This space is priced 298% above the average of $50.31 /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
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Frequently Asked Questions

What type of property is this?
Retail space - Ground floor retail space with basement in Manhattan.
Where is this retail space located?
The property is located at 70 E 1st St New York, NY.
What is the lease rate?
The lease rate is $200 SF/Yr.
What are key features of this property?
This property features: Immediate occupancy available; No broker fees; Suitable for a wide range of retail uses, such as juice bars, cafes, and clothing stores
More about this property
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