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    237 Elizabeth St New York, NY 10012

    For Lease
    $216,000

    Elizabeth St. Boutique Retail Opportunity

    Lot size:
    650 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 650-square-foot retail space is located at 237 Elizabeth Street in the vibrant Nolita neighborhood of New York City (zip code 10012). The property offers immediate occupancy and is available for lease at a monthly rate of $18,000. The space boasts a desirable 10-foot frontage on Elizabeth Street, ensuring high visibility and foot traffic. The ground floor comprises the main retail area, while additional basement storage is included, providing ample space for inventory or supplies. All uses are considered, making this a versatile option for a variety of businesses. The lease term is negotiable, offering flexibility to potential tenants. The property's location within the sought-after Nolita district provides access to a dense population of residents and tourists, creating a strong potential customer base. This is a unique opportunity to establish a presence in one of Manhattan's most desirable and trendy neighborhoods. Contact us today to schedule a viewing and explore the possibilities of this exceptional retail space. Possession is available upon request.

    Property Features for 237 Elizabeth St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    650 SF
    Total Rate
    216000

    Unit(s) available at that property

    Space
    Size
    650 SF
    Rate per SF
    $216,000

    HighLights

    • 650‑square‑foot retail space available for lease at $18,000/month.
    • Located at 237 Elizabeth Street, Nolita, NYC (10012).
    • Features a 10‑foot street frontage on Elizabeth Street.
    • Includes ground floor retail space and basement storage.
    • All uses considered; lease terms are negotiable.
    • Immediate occupancy available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    American Vintage Clothes Market Moe's meat market Butcher Shop

    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
    -73.993987480119
    Latitude
    40.723150748171

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    FAQs

    What type of property is this?
    Retail property - Elizabeth St. Boutique Retail Opportunity
    Where is this retail property located?
    The property is located at 237 Elizabeth St New York, NY.
    What is the lease rate?
    The lease rate is $216,000.
    What are key features of this property?
    This property features: 650-square-foot retail space available for lease at $18,000/month.; Located at 237 Elizabeth Street, Nolita, NYC (10012).; Features a 10-foot street frontage on Elizabeth Street.
    Request Owner's contact information
    237 Elizabeth St New York, NY 10012
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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
    237 Elizabeth St New York, NY 10012
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