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    516 6Th St New York, NY 10009

    For Lease
    $82 SF/Yr

    350 sq ft Retail Space, Great Foot Traffic

    Lot size:
    350 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 350-square-foot retail space is ideally situated on East 6th Street between Avenues B and C in the vibrant East Village neighborhood of New York City. Currently available for immediate occupancy, this ground-floor unit presents a fantastic opportunity for a variety of businesses. Its prime location on a residential block ensures high foot traffic, making it perfect for a convenience store, pet store, or coffee shop. The space is a single-tenant unit within New York County, offering a unique chance to establish a thriving business in a sought-after area. The asking rent is $2,400 per month. The property is easily accessible via public transportation, further enhancing its appeal to both customers and employees. This is a rare opportunity to secure a well-positioned retail space in one of Manhattan's most dynamic and desirable neighborhoods. The property's size and location make it an ideal fit for a small but high-impact business. Don't miss out on this amazing deal in the heart of the East Village. The address is 516 E 6th St, New York, NY 10009.

    Property Features for 516 6Th St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    350 SF

    Unit(s) available at that property

    Space
    Size
    350 SF
    Rate per SF
    $82

    HighLights

    • 350‑square‑foot retail space available for immediate occupancy at 516 E 6th St, New York, NY 10009.
    • Ground‑floor unit located on a high‑traffic residential block in the East Village.
    • Asking rent: $2,400 per month.
    • Ideal for a variety of small businesses, such as a convenience store, pet store, or coffee shop.
    • Excellent public transportation access.
    Property Profile Location Intelligence

    Current Use by Public Records

    WOID VIBEZ Convenience Store WOOD VIBEZ Convenience Store Fridach Eye Care Center Magnum Real Estate ... Real Estate Agency

    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
    -73.9831177
    Latitude
    40.7249066

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    FAQs

    What type of property is this?
    Retail property - 350 sq ft Retail Space, Great Foot Traffic
    Where is this retail property located?
    The property is located at 516 6Th St New York, NY.
    What is the lease rate?
    The lease rate is $82 SF/Yr.
    What are key features of this property?
    This property features: 350-square-foot retail space available for immediate occupancy at 516 E 6th St, New York, NY 10009.; Ground-floor unit located on a high-traffic residential block in the East Village.; Asking rent: $2,400 per month.
    Request Owner's contact information
    516 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
    516 6Th St New York, NY 10009
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