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    Avenue B New York, NY 10009

    Sponsored
    For Lease
    $150 SF/Yr

    Prime East Village location, 1000 sq ft, immediate occupancy.

    Lot size:
    1,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,000 square foot retail space, located on Avenue B in the vibrant East Village of New York City (zip code 10009), is available for immediate lease. The property is a single-tenant space ideal for a variety of uses, with restaurant use specifically accepted. The landlord will cover the cost of venting for food-related businesses. The space boasts a 12-foot frontage on Avenue B, providing excellent street visibility and accessibility for customers. The ground floor space includes a basement storage area, offering ample room for inventory or supplies. The monthly rent is $12,500. The lease term is negotiable, offering flexibility to potential tenants. This turnkey restaurant space presents a unique opportunity for a business seeking a high-traffic, established neighborhood with a strong local clientele. The property is situated in New York County, New York, and offers immediate occupancy. The approximate size is 1,000 square feet. All uses are considered.

    Property Features for 0 Avenue B

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,000 SF

    Unit(s) available at that property

    Space
    Size
    1,000 SF
    Rate per SF
    $150

    HighLights

    • 1,000 sq ft retail space available for immediate lease on Avenue B in the East Village (10009).
    • Suitable for various uses, including restaurants; landlord pays for venting.
    • 12‑foot frontage on Avenue B, plus basement storage.
    • $12,500/month rent; negotiable lease terms.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9807682
    Latitude
    40.7256804

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    FAQs

    What type of property is this?
    Retail property - Prime East Village location, 1000 sq ft, immediate occupancy.
    Where is this retail property located?
    The property is located at Avenue B New York, NY.
    What is the lease rate?
    The lease rate is $150 SF/Yr.
    What are key features of this property?
    This property features: 1,000 sq ft retail space available for immediate lease on Avenue B in the East Village (10009).; Suitable for various uses, including restaurants; landlord pays for venting.; 12-foot frontage on Avenue B, plus basement storage.
    Request Owner's contact information
    Avenue B 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
    Avenue B New York, NY 10009
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