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Nolita Restaurant/Bar Space Available
For Lease
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7 Spring St, New York, NY 10012

Restaurant/bar for lease in prime Nolita location.

Space SizeContact for details
Days on Market1173

Property Features for 7 Spring St

General Information

Standard status Active
Property subtype Restaurant
Lease Type Modified Gross

Building Details

Tenancy Single

Spaces For Lease

at 7 Spring St Contact us

Space 1

Type
Restaurant
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Titan Group NewYork
Listed By: Tanner Zar · License #NY 10401356351
Source: Crexi
Added: Jun 6, 2023 Changed: Aug 15 Last Checked: Aug 21 at 6:18AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Titan Group NewYork

Investment Insights

Based on property information with market context.

This restaurant/bar space is available for lease in the Nolita neighborhood. The property features 1,580 square feet of space, with an additional 1,500 square feet in the basement. It includes two hoods and gas cooking. The property has over 18 feet of frontage and a full liquor license. Previously, the location was home to the Uncle Boons Thai restaurant. The space is situated on Spring Street, benefiting from notable foot traffic.

Key Highlights

  • Prime Nolita location on Spring Street with high foot traffic.
  • Includes a full liquor license.
  • Equipped with 2 hoods and gas cooking.

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Nursing Home Pet Grooming Service Buffet Adult Day Care Auto Parts Store Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$19.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

31,707
Businesses Nearby
Under-served
Demand for This Use

Demographics for 10012, NY

23,125
Population
14,568
Households
1.6
Avg Household Size
35
Median Age
83%
College-Educated
96%
High-School Grad
0.3 sq mi
ZIP Area
77,083
Density / Sq Mi
$130,938
Median Household Income
$88,301
Median Earnings
$2,731
Median Rent
$1,500,000
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

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  • Ab 94 Canal St, New York, NY 10002
  • 99 Favor Taste 285 Grand St, New York, NY 10002

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant/bar for lease in prime Nolita location.
Where is this conventional restaurant located?
The property is located at 7 Spring St New York, NY.
What is the lease rate?
The lease rate is $129 SF/Yr.
What are key features of this property?
This property features: Prime Nolita location on Spring Street with high foot traffic.; Includes a full liquor license.; Equipped with 2 hoods and gas cooking.
More about this property
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