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    47 Clinton St New York, NY 10002

    For Lease
    $146 SF/Yr

    Lower East Side Food Retail Opportunity

    Lot size:
    1,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 1,800 square foot retail space, located at 47 Clinton Street in New York City's vibrant Lower East Side, presents a unique opportunity for food-related businesses. The property boasts a fully built-out kitchen with venting already in place, eliminating significant upfront costs. The ground floor offers approximately 900 square feet with impressive 12-foot ceilings, creating a spacious and inviting atmosphere. A full basement provides ample storage space. The storefront features a 10-foot frontage on Clinton Street, ensuring high visibility and foot traffic. The asking rent is $11,000 per month, with lease terms negotiable. No key money is required, and all uses will be considered, making this a highly flexible and attractive option for prospective tenants. Immediate possession is available. The property is situated in New York County, New York, zip code 10002. This is a single-tenant space ideal for a variety of food-related businesses seeking a prime location in a thriving neighborhood.

    Property Features for 47 Clinton St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,800 SF

    Unit(s) available at that property

    Space
    Size
    1,800 SF
    Rate per SF
    $146

    HighLights

    • 1,800 SF retail space at 47 Clinton St, Lower East Side, NYC.
    • Fully built‑out kitchen with venting.
    • 900 SF ground floor with 12‑foot ceilings.
    • Full basement for storage.
    • 10‑foot Clinton Street frontage.
    • $11,000/month rent, negotiable terms, no key money.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Unfade Hair Studio ... Hair Salon

    Suggested Use

    Law Firm Realty agency Restaurant 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
    -73.9848624
    Latitude
    40.7197867

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    FAQs

    What type of property is this?
    Retail property - Lower East Side Food Retail Opportunity
    Where is this retail property located?
    The property is located at 47 Clinton St New York, NY.
    What is the lease rate?
    The lease rate is $146 SF/Yr.
    What are key features of this property?
    This property features: 1,800 SF retail space at 47 Clinton St, Lower East Side, NYC.; Fully built-out kitchen with venting.; 900 SF ground floor with 12-foot ceilings.
    Request Owner's contact information
    47 Clinton St New York, NY 10002
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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
    47 Clinton St New York, NY 10002
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