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    245 Eldridge St New York, NY 10002

    For Lease
    Contact for pricing

    350 SF Retail Space - New York City

    Lot size:
    350 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 350-square-foot retail space is ideally situated at 245 Eldridge Street in the vibrant heart of New York City, New York County, NY 10002. The property is a single-tenant space, offering complete control and flexibility for a prospective business. The entire 350 square feet is currently vacant, presenting a blank canvas for a new tenant to customize and design to their specific needs. The property's location within New York County provides excellent access to a dense population and high foot traffic, making it an attractive opportunity for a variety of retail businesses. The address, 245 Eldridge Street, is easily accessible and benefits from strong visibility. This is a fantastic opportunity for a business seeking a well-located, manageable space in a bustling New York City neighborhood. The property is classified as commercial retail and is available for lease. Its convenient location, combined with its manageable size, makes it an ideal space for a boutique shop, pop-up store, or other small retail operation. The property's single-tenant occupancy ensures a streamlined and straightforward leasing process. Interested parties are encouraged to inquire further to explore the possibilities of establishing their business in this prime New York City location. The property is ready for immediate occupancy.

    Property Features for 245 Eldridge St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    350 SF

    Unit(s) available at that property

    Space
    Ground Floor
    Size
    350 SF

    HighLights

    • Versatile commercial space, suitable for various uses.
    • Previously operated as Graffitto Bar.
    • Turnkey wine bar build‑out in place.
    • Excellent location across from Ridge Hotel, near Public Hotel & Whole Foods.
    • Convenient access to the 2nd Avenue F train.
    • Strong tenant mix in immediate vicinity, including hotels, restaurants, and retail.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    R’Q Area Rug ... Carpet Manufacturer Graffito Bar NYC Sports Bar BAR GOTO Japanese Restaurant

    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
    -73.9899127
    Latitude
    40.7227817

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    FAQs

    What type of property is this?
    Retail property - 350 SF Retail Space - New York City
    Where is this retail property located?
    The property is located at 245 Eldridge St New York, NY.
    What are key features of this property?
    This property features: Versatile commercial space, suitable for various uses.; Previously operated as Graffitto Bar.; Turnkey wine bar build-out in place.
    Request Owner's contact information
    245 Eldridge St New York, NY 10002
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    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

    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
    245 Eldridge St New York, NY 10002
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