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    73 Catherine St New York, NY 10038

    Sponsored
    For Lease
    Contact for pricing

    860 sq ft former sandwich shop, ideal location.

    Lot size:
    860 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 860-square-foot retail space, a former sandwich shop, is ideally situated in the vibrant Two Bridges neighborhood on Manhattan's Lower East Side. Located at 73 Catherine Street, New York, NY 10038, this single-tenant property benefits from exceptional accessibility via multiple subway lines (F train at East Broadway, B/D trains at Grand St) and numerous bus routes (M15, M22, SIM3, SIM11, SIM31, SIM6, M9, & M103). The property enjoys a high-traffic location at the base of the 1590-unit Knickerbocker Village, ensuring consistent foot traffic. The surrounding area boasts a diverse mix of established businesses, including restaurants (Hwa Yuan Szechuan, Dim Sum Go Go, Golden Unicorn, Golden Diner, Mei Lai Wah, Mr. Fongs, Banh by Lauren), shops (Downtown Music Gallery, Minimotors NYC, K&K Food Deli, Madison Wine & Liquor, Famous Calabria Pizza, Madison Bagel & Grill, Super fresh Supermarkets, Starbucks), cultural attractions (Museum at Eldridge Street), and hotels (Madison LES Hotel). This prime location offers significant potential for a variety of retail ventures, capitalizing on the high density of residential units and the bustling commercial activity of the Lower East Side. The property is in New York County.

    Property Features for 73 Catherine St

    General Information

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

    Unit(s) available at that property

    Space
    Size
    860 SF

    HighLights

    • 860 SF retail space, former sandwich shop, at 73 Catherine Street, NYC.
    • Easy plug‑and‑play for food concepts (coffee shop, ice cream shop, etc.) due to existing waterlines and sinks.
    • High‑traffic location near Knickerbocker Village (1590 units) and multiple transit options (F, B/D trains, various bus routes).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

    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
    -73.9964171
    Latitude
    40.7110134

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    FAQs

    What type of property is this?
    Retail property - 860 sq ft former sandwich shop, ideal location.
    Where is this retail property located?
    The property is located at 73 Catherine St New York, NY.
    What are key features of this property?
    This property features: 860 SF retail space, former sandwich shop, at 73 Catherine Street, NYC.; Easy plug-and-play for food concepts (coffee shop, ice cream shop, etc.) due to existing waterlines and sinks.; High-traffic location near Knickerbocker Village (1590 units) and multiple transit options (F, B/D trains, various bus routes).
    Request Owner's contact information
    73 Catherine St New York, NY 10038
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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
    73 Catherine St New York, NY 10038
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