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    204 Spring St New York, NY 10012

    Sponsored
    For Lease
    Contact for pricing

    Historic storefront, 400 sq ft available.

    Lot size:
    13,923 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail or restaurant opportunity is located at 204 Spring Street in the vibrant heart of New York City, New York County. The property boasts a single-tenant storefront within a larger building totaling 13,923 square feet. Currently, 400 square feet of prime retail space is available for lease. The building itself is a seven-story structure, built in 1900 and renovated in 1988, offering a blend of historic charm and modern functionality. The property is classified as Class C and sits on a one-acre lot. Its location in the 10012 zip code provides excellent access to a dense population and high foot traffic. The building's history and unique character make it an ideal location for a discerning business seeking a distinctive presence in a bustling New York City neighborhood. The single-tenant occupancy ensures a focused and manageable space, perfect for a boutique retailer or a unique restaurant concept. This is a rare opportunity to secure a well-positioned retail space in a highly desirable area of Manhattan. The property's size and location offer significant potential for growth and success. Serious inquiries are encouraged.

    Property Features for 204 Spring St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    13,923 SF
    Class
    C

    Building Details

    Year Built/Renovated
    1900/1988
    Buildings
    1
    Stories
    7

    Unit(s) available at that property

    Space
    Floor 1
    Size
    400 SF

    HighLights

    • Mid‑rise apartment building, 28 units.
    • Seven‑story building with 28 apartment units.
    • Built in 1900, renovated in 1988.
    • Class C multifamily property.
    • 13,923 square feet gross building area.
    • Approximately 2,024 square feet per typical floor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Luis Cruz Carpet ... Carpet Store Spring St Psychic Psychic Patrick Richard Crosgrove ... Architect Smoke Cbd Dispensary Store Rice Kitchen Korean Restaurant

    Suggested Use

    Law Firm Realty agency Restaurant 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
    -74.0037828
    Latitude
    40.7251013

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    FAQs

    What type of property is this?
    Restaurant - Historic storefront, 400 sq ft available.
    Where is this restaurant located?
    The property is located at 204 Spring St New York, NY.
    What are key features of this property?
    This property features: Mid-rise apartment building, 28 units.; Seven-story building with 28 apartment units.; Built in 1900, renovated in 1988.
    Request Owner's contact information
    204 Spring St New York, NY 10012
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    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
    204 Spring St New York, NY 10012
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