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    15Th St New York, NY 10001

    For Lease
    $22,000

    1000 sq ft Chelsea retail space, subway access.

    Lot size:
    1,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 1,000 square foot retail space is ideally situated in the vibrant Chelsea neighborhood of Manhattan, New York City. Located on West 15th Street, this single-tenant property boasts unparalleled accessibility, being directly outside a subway station, ensuring high foot traffic and convenient access for customers. The space is suitable for a variety of uses, including but not limited to coffee shops, restaurants, and other food-related businesses. Its "vented" designation suggests suitability for businesses requiring exhaust ventilation systems. The property is categorized as retail, offering a prime opportunity for businesses seeking a high-visibility location in a densely populated and affluent area. The address is in the 10001 zip code within New York County. This property presents a unique chance to establish or expand a business in one of Manhattan's most desirable and dynamic neighborhoods. The single-tenant occupancy simplifies management and provides a focused environment for the tenant. Serious inquiries are encouraged to explore the possibilities this exceptional space offers.

    Property Features for 0 15Th St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,000 SF
    Total Rate
    22000

    Unit(s) available at that property

    Space
    Size
    1,000 SF
    Rate per SF
    $22,000
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.992354
    Latitude
    40.736113

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    FAQs

    What type of property is this?
    Restaurant - 1000 sq ft Chelsea retail space, subway access.
    Where is this restaurant located?
    The property is located at 15Th St New York, NY.
    What is the lease rate?
    The lease rate is $22,000.
    Request Owner's contact information
    15Th St New York, NY 10001
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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
    15Th St New York, NY 10001
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