Property summary
This exceptional 1,000-square-foot retail space, ideally suited for a restaurant, is located in the vibrant Two Bridges neighborhood on Manhattan's Lower East Side. Situated at 81 Catherine Street, New York, NY 10038, this single-tenant property benefits from its prime location at the base of the 1590-unit Knickerbocker Village, ensuring high foot traffic and visibility. The property enjoys excellent public transportation access, with the F train at East Broadway and the B/D trains at Grand Street within easy reach. Numerous bus lines, including the M15, M22, SIM3, SIM11, SIM31, SIM6, M9, and M103, also serve the area, providing convenient access for both employees and customers. This thriving commercial corridor boasts a diverse range of established businesses, including the Downtown Music Gallery, Minimotors NYC, several popular restaurants (Hwa Yuan Szechuan, Dim Sum Go Go, Golden Unicorn, Golden Diner, Mei Lai Wah), the Museum at Eldridge Street, and various other retail and service providers such as Dynasty Weddings, NYC Party Booth, Happy Medium, Madison LES Hotel, K&K Food Deli, Madison Wine & Liquor, Famous Calabria Pizza, Madison Bagel & Grill, Super Fresh Supermarkets, and a Starbucks. This location offers unparalleled opportunities for a successful restaurant venture within a densely populated and highly accessible area of Manhattan. The property is categorized as Retail and Restaurant, with a single-tenant occupancy. New York County is the county location.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.