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    10 Union Sq New York, NY 10003

    For Lease
    Contact for pricing

    Prime NYC Retail, Multiple Units Available

    Lot size:
    18,355 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional retail opportunity is located at 10 Union Square East in the heart of New York City's vibrant Union Square neighborhood. The property offers a total of 18,355 square feet of retail space, divided into three suites. Multiple tenancy options are available, with spaces ranging from a minimum of 1,866 square feet to a maximum contiguous space of 4,705 square feet. Currently, a significant portion of the building, totaling 9,410 square feet, is vacant and ready for immediate occupancy. This presents a unique chance for businesses seeking high-visibility locations in a densely populated area with exceptional foot traffic. The property's address, 10 Union Square East, places it within easy reach of major transportation hubs, ensuring convenient access for both employees and customers. Situated in New York County, this location benefits from the area's strong economic activity and diverse demographic profile. The building's street-level retail configuration provides excellent storefront visibility and accessibility. This is an unparalleled opportunity to establish or expand a retail presence in one of Manhattan's most desirable commercial districts. The flexible space options cater to a variety of business needs and sizes, making it an ideal location for a range of retail concepts. Interested parties are encouraged to inquire about lease terms and availability.

    Property Features for 10 Union Sq

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    18,355 SF

    Unit(s) available at that property

    Space
    Space B
    Size
    1,866 SF
    Space
    Suite 109
    Size
    4,705 SF
    Space
    Space A
    Size
    2,839 SF

    HighLights

    • 18,355 SF of retail space in three suites available at 10 Union Square East, NYC.
    • High‑traffic location with 350,000 daily park visitors, 153,000 office workers, 74,000 residents, and proximity to 35.3 million annual subway riders.
    • Spaces range from 1,866 SF to 4,705 SF contiguous, with 9,410 SF currently vacant.
    • Excellent visibility and accessibility with street‑level retail configuration and convenient access to public transportation.
    • Suite 109 is divisible, catering to various business needs.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mount Sinai-Union Square, ... Plastic Surgeon Zimbler Marc S ... Otolaryngologist Beth Israel Medical ... Hospital Dermatology Services at Mount ... Home Health Care Service Cancer Center at Mount ... Home Health Care Service

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Food Market Clothing Store 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
    -73.989765
    Latitude
    40.7348008

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    FAQs

    What type of property is this?
    Individual retail property - Prime NYC Retail, Multiple Units Available
    Where is this individual retail property located?
    The property is located at 10 Union Sq New York, NY.
    What are key features of this property?
    This property features: 18,355 SF of retail space in three suites available at 10 Union Square East, NYC.; High-traffic location with 350,000 daily park visitors, 153,000 office workers, 74,000 residents, and proximity to 35.3 million annual subway riders.; Spaces range from 1,866 SF to 4,705 SF contiguous, with 9,410 SF currently vacant.
    Request Owner's contact information
    10 Union Sq New York, NY 10003
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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
    10 Union Sq New York, NY 10003
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