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    Monroe St New York, NY 10002

    Sponsored
    For Lease
    Contact for pricing

    1200 sq ft, Single Tenant, High Traffic

    Lot size:
    1,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 1,200 square foot retail space is ideally situated in the vibrant Two Bridges neighborhood on Manhattan's Lower East Side. Located at 34A Monroe Street, New York, NY 10002, this single-tenant property offers unparalleled access to a dense population and high foot traffic. The space is conveniently positioned at the base of the substantial 1590-unit Knickerbocker Village residential complex, ensuring a consistent customer base. Benefit from excellent public transportation access, with nearby F train access at East Broadway and B/D trains at Grand Street. Numerous bus lines, including the M15, M22, SIM3, SIM11, SIM31, SIM6, M9, and M103, also provide easy access for customers and employees. This thriving location boasts a diverse array of neighboring businesses, including restaurants (Hwa Yuan Szechuan, Dim Sum Go Go, Golden Unicorn, Golden Diner, Mei Lai Wah, Mr. Fongs, Banh by Lauren), retail shops (Downtown Music Gallery, Minimotors NYC, K&K Food Deli, Madison Wine & Liquor, Famous Calabria Pizza, Madison Bagel & Grill, Super fresh Supermarkets, Starbucks, Frosch & Co), art galleries (Ghostmachine Gallery, IRL Gallery, Lyles & King Gallery), and more. This property presents a unique opportunity for a variety of retail or restaurant concepts to thrive in a highly desirable and well-connected location. The property is classified as Retail and Restaurant, in New York County.

    Property Features for 0 Monroe St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,200 SF

    Unit(s) available at that property

    Space
    Size
    1,200 SF

    HighLights

    • Former dry cleaning business.
    • Ground floor space in a 1,590‑unit residential building.
    • Long‑term tenant history (20+ years).
    • Ideal for tutoring, after‑school programs, fitness center, flower shop, or non‑vented food service.
    • Call 718‑437‑6100 for details.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9903071
    Latitude
    40.7119344

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    FAQs

    What type of property is this?
    Restaurant - 1200 sq ft, Single Tenant, High Traffic
    Where is this restaurant located?
    The property is located at Monroe St New York, NY.
    What are key features of this property?
    This property features: Former dry cleaning business.; Ground floor space in a 1,590-unit residential building.; Long-term tenant history (20+ years).
    Request Owner's contact information
    Monroe St New York, NY 10002
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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

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    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
    Monroe St New York, NY 10002
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