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    128 Mott St 505 New York, NY 10013

    Sponsored
    For Lease
    $58 SF/Yr ($3,300 /Mo)

    Prime Chinatown Office: 678 sq ft, move-in ready.

    Lot size:
    678 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 678-square-foot office space is located on the fifth floor of a well-maintained commercial condominium building at 128 Mott Street in the vibrant heart of Manhattan's Chinatown. The single-tenant space boasts a beautifully renovated interior, featuring tile flooring throughout and an open layout ideal for various business configurations. Four large windows offer abundant natural light and pleasant city views. The building is equipped with an elevator for convenient access and a doorman provides added security and a welcoming atmosphere in the lobby. High foot traffic in the area ensures excellent visibility and exposure for your business. This move-in ready office is perfect for immediate occupancy, eliminating the need for extensive renovations or preparations. The property is situated in a high-traffic area of New York County (Manhattan), offering unparalleled access to the bustling energy of Chinatown. This is a rare opportunity to secure a well-appointed office space in a prime location, ready to accommodate your business needs. The open layout provides flexibility for customization, allowing you to design the space to perfectly suit your operational requirements. Don't miss this chance to establish your business in this thriving and dynamic neighborhood.

    Property Features for 128 Mott St 505

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    678 SF
    Total Rate
    3300.16

    Unit(s) available at that property

    Space
    128 Mott Street 505
    Size
    678 SF
    Rate per SF
    $58

    HighLights

    • Beautifully renovated 678 sq. ft. office condo in Manhattan's Chinatown.
    • Single‑tenant occupancy.
    • Located on the 5th floor of an elevator building with a doorman.
    • Features tile floors, an open layout, and abundant natural light from four large windows.
    • High foot traffic and excellent street exposure; immediately available.
    Property Profile Location Intelligence

    Current Use by Public Records

    New Life Obstetrics ... Women'S Health Clinic Mott Women Healthcare Obstetrician-Gynecologist Tsui Ellen C Psychologist Harmony Pharmacy Pharmacy Richard Yang D.D.S. Dentist

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Food Market Clothing Store Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York (Manhattan)
    State
    New York
    Longitude
    -73.9964735
    Latitude
    40.7184789

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Chinatown Office: 678 sq ft, move-in ready.
    Where is this office property / space located?
    The property is located at 128 Mott St 505 New York, NY.
    What is the lease rate?
    The lease rate is $58 SF/Yr.
    What are key features of this property?
    This property features: Beautifully renovated 678 sq. ft. office condo in Manhattan's Chinatown.; Single-tenant occupancy.; Located on the 5th floor of an elevator building with a doorman.
    Request Owner's contact information
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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
    128 Mott St 505 New York, NY 10013
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