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    14Th St New York, NY 10011

    Sponsored
    For Lease
    $90,000

    Established Smoke Shop, Prime Chelsea Location

    Lot size:
    1,100 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This profitable, single-tenant smoke shop presents a unique investment opportunity in the heart of Chelsea, Manhattan. Located on 14th Street between 7th and 8th Avenue, this high-traffic area ensures consistent customer flow. The 1,100 square foot space offers an established business with a proven track record of success. The current monthly rent is $7,500. The business is well-established and enjoys a strong reputation within the community. This turnkey operation provides an immediate return on investment for the new owner. Financial details, including key money, are available upon request. This is an exceptional chance to acquire a thriving retail business in a prime Manhattan location with significant growth potential. The property is categorized as retail, specifically a smoke shop, and is situated in New York County. The single-tenant occupancy simplifies management and ensures consistent income. Serious inquiries only. Detailed financial statements and operational information will be provided to qualified buyers after a non-disclosure agreement is signed. Don't miss this opportunity to own a successful and established business in one of Manhattan's most desirable neighborhoods.

    Property Features for 0 14Th St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,100 SF
    Total Rate
    90000

    Unit(s) available at that property

    Space
    Size
    1,100 SF
    Rate per SF
    $90,000

    HighLights

    • Profitable and established smoke shop for sale in prime Chelsea location.
    • Single‑tenant retail space totaling 1,100 square feet.
    • Located on 14th Street between 7th and 8th Avenue in a high‑traffic area.
    • Monthly rent is $7,500.
    • Asking price available upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    New York
    County
    New York
    State
    New York
    Longitude
    -74.0027779
    Latitude
    40.7398628

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    FAQs

    What type of property is this?
    Retail property - Established Smoke Shop, Prime Chelsea Location
    Where is this retail property located?
    The property is located at 14Th St New York, NY.
    What is the lease rate?
    The lease rate is $90,000.
    What are key features of this property?
    This property features: Profitable and established smoke shop for sale in prime Chelsea location.; Single-tenant retail space totaling 1,100 square feet.; Located on 14th Street between 7th and 8th Avenue in a high-traffic area.
    Request Owner's contact information
    14Th St New York, NY 10011
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    New York, NY 10011
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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
    14Th St New York, NY 10011
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