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    543 6Th St New York, NY 10009

    For Lease
    $169 SF/Yr

    Prime East Village retail, reduced rent.

    Lot size:
    5,417 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional East Village retail space, located at 543 1/2 East 6th Street, offers a unique leasing opportunity. The ground floor unit encompasses 318 square feet with 15 feet of frontage, situated in a vibrant neighborhood at the base of an eight-unit residential building. The space is available for $4,500 per month and is delivered in broom-cleaned condition. All non-vented uses are considered, and the unit boasts an existing bathroom and HVAC system. Its convenient location is a one-minute walk from Tompkins Square Park and in close proximity to the L train at 1st Avenue. The property benefits from a high-traffic location surrounded by a diverse mix of established businesses, including restaurants, bars, entertainment venues, and art galleries such as Nowon, Pineapple Club, Niagara, Miss Lilly's, DROM, Connelly Theater, Ed. Varie, MARCH, O'Flaherty's, Gruppo NYC, and Sunny & Annie's. The building itself is a five-story structure built in 1930, totaling 5,417 square feet on a 0.4-acre lot in the Alphabet City submarket of New York County, zoned R7A. While there is no on-site parking, the exceptional location and reduced rent make this a compelling opportunity for a variety of retail businesses.

    Property Features for 543 6Th St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,417 SF
    Total Rate
    76289.42

    Building Details

    Year Built
    1930
    Buildings
    1
    Stories
    5

    Unit(s) available at that property

    Space
    Size
    318 SF
    Rate per SF
    $169

    HighLights

    • Reduced Rent: $4,500 per month.
    • 318 square foot ground floor retail space; all non‑vented uses considered.
    • Existing restroom facilities.
    • Existing HVAC system.
    • Located at the base of an eight‑unit residential building in the East Village, near Tompkins Square Park and the L train.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wood House Spa ... Spa

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon 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
    -73.9818578
    Latitude
    40.7247568

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    FAQs

    What type of property is this?
    Individual retail property - Prime East Village retail, reduced rent.
    Where is this individual retail property located?
    The property is located at 543 6Th St New York, NY.
    What is the lease rate?
    The lease rate is $169 SF/Yr.
    What are key features of this property?
    This property features: Reduced Rent: $4,500 per month.; 318 square foot ground floor retail space; all non-vented uses considered.; Existing restroom facilities.
    Request Owner's contact information
    543 6Th St New York, NY 10009
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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
    543 6Th St New York, NY 10009
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