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    31 St Marks Pl New York, NY 10003

    Sponsored
    For Lease
    Contact for pricing

    1,000 SF, Two Units Available

    Lot size:
    1,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail property at 31 St Marks Place in Brooklyn, New York offers a fantastic opportunity for businesses seeking a vibrant location. The building, situated in Kings County, boasts a total of 1,000 square feet spread across two stories. Currently, the entire 1,000 square feet is vacant and available for lease. The space is divisible, with a minimum leasable area of 500 square feet and a maximum contiguous space of 500 square feet, making it ideal for a single tenant or two complementary businesses. This presents a unique chance to establish a presence in a bustling Brooklyn neighborhood. The property's address is 31 St Marks Place, zip code 10003, offering excellent visibility and accessibility for customers. The building's commercial nature and multiple tenancy options provide flexibility for various business models. This is a rare opportunity to secure a well-located retail space in a thriving area of New York City. The property is classified as retail commercial space and is ready for immediate occupancy. Its convenient location and flexible layout make it an attractive option for a wide range of businesses. Don't miss this chance to secure your ideal retail space in the heart of Brooklyn.

    Property Features for 31 St Marks Pl

    General Information

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

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    Space A
    Size
    500 SF
    Space
    Space B
    Size
    500 SF

    HighLights

    • 1,000 SF retail space available for lease at 31 St Marks Place, New York, NY 10003.
    • Divisible space, minimum 500 SF, maximum 500 SF contiguous.
    • High foot traffic in prime St. Marks Place location, East Village.
    • Built‑out salon space available.
    • Strong neighboring businesses including national and local brands.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    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
    Kings
    State
    New York
    Longitude
    -73.9882174
    Latitude
    40.7290321

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    FAQs

    What type of property is this?
    Retail property - 1,000 SF, Two Units Available
    Where is this retail property located?
    The property is located at 31 St Marks Pl New York, NY.
    What are key features of this property?
    This property features: 1,000 SF retail space available for lease at 31 St Marks Place, New York, NY 10003.; Divisible space, minimum 500 SF, maximum 500 SF contiguous.; High foot traffic in prime St. Marks Place location, East Village.
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    31 St Marks Pl New York, NY 10003
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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
    31 St Marks Pl New York, NY 10003
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