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    523 13Th St New York, NY 10009

    Sponsored
    For Lease
    $120 SF/Yr

    Prime East Village retail, 1200 sq ft, immediate occupancy.

    Lot size:
    1,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,200 square foot retail space is ideally situated at 523 E 13th Street in the vibrant East Village neighborhood of New York City, New York County. The property boasts a desirable single-tenant occupancy and is available immediately. Located on East 13th Street, the space offers 15 feet of frontage, providing excellent street visibility and accessibility for customers. The ground floor space includes a full basement, adding significant storage or operational capacity. The asking rent is $12,000 per month, and the lease term is negotiable. This versatile space is suitable for a wide range of retail uses, and the landlord is offering a significant incentive package. Specifically, $50,000 in tenant improvements (T.I.) is available, and the landlord will cover the cost of venting for food-related businesses. This presents a unique opportunity for a business seeking a high-traffic location in a thriving area of Manhattan. The property's zip code is 10009. Don't miss this chance to establish your business in this dynamic and sought-after location.

    Property Features for 523 13Th St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,200 SF

    Unit(s) available at that property

    Space
    Size
    1,200 SF
    Rate per SF
    $120

    HighLights

    • 1,200 sq ft retail space at 523 E 13th St, East Village, NYC.
    • Single‑tenant occupancy, immediately available.
    • 15 ft frontage on E 13th St, excellent visibility.
    • Ground floor with full basement for storage.
    • Asking rent: $12,000/month, negotiable lease terms.
    • $50,000 T.I. allowance & landlord pays for venting (food‑related businesses).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -73.9796622
    Latitude
    40.7294212

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    FAQs

    What type of property is this?
    Retail property - Prime East Village retail, 1200 sq ft, immediate occupancy.
    Where is this retail property located?
    The property is located at 523 13Th St New York, NY.
    What is the lease rate?
    The lease rate is $120 SF/Yr.
    What are key features of this property?
    This property features: 1,200 sq ft retail space at 523 E 13th St, East Village, NYC.; Single-tenant occupancy, immediately available.; 15 ft frontage on E 13th St, excellent visibility.
    Request Owner's contact information
    523 13Th 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
    523 13Th St New York, NY 10009
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