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    on the LES Retail Space On Stanton St New York, NY 10002

    For Lease
    $124 SF/Yr

    Prime Lower East Side retail space available.

    Lot size:
    1,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional retail space, located on Stanton Street in the vibrant Lower East Side of New York City (zip code 10002), offers immediate occupancy. The property is a single-tenant space totaling approximately 1,500 square feet, comprised of a 500-square-foot basement and a 1,000-square-foot ground floor. The ground floor boasts an impressive 8' 10" ceiling height, while the basement features a 7' 4" ceiling height. The storefront enjoys excellent visibility with 17 feet of frontage on Stanton Street. The space is ideal for a variety of retail uses, including clothing stores and salons, and is available for lease at a monthly rent of $15,500. Lease terms are negotiable. All dimensions are approximate

    Property Features for on the LES Retail Space On Stanton St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,500 SF

    Unit(s) available at that property

    Space
    Size
    1,500 SF
    Rate per SF
    $124
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9887994
    Latitude
    40.7213784

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    FAQs

    What type of property is this?
    Retail property - Prime Lower East Side retail space available.
    Where is this retail property located?
    The property is located at on the LES Retail Space On Stanton St New York, NY.
    What is the lease rate?
    The lease rate is $124 SF/Yr.
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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.

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    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
    on the LES Retail Space On Stanton St New York, NY 10002
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