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    147 Spring St New York, NY 10012

    For Lease
    $90 SF/Yr

    Newly renovated, flexible retail space in NYC.

    Lot size:
    4,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail property at 147 Spring Street in New York, NY 10012 offers 4,200 square feet of newly gut-renovated space, currently entirely vacant and ready for immediate occupancy. The building boasts high-end finishes and an elevator, making it an ideal location for a variety of commercial uses. The space is divisible, with a minimum leasable area of 1,800 square feet and a maximum contiguous space of 2,400 square feet, offering flexibility for businesses of different sizes. Multiple tenancy options are available, allowing for the possibility of dividing the space to suit the needs of several tenants. Located in New York County, this property benefits from excellent visibility and accessibility within a vibrant and bustling urban environment. The building's modern design and premium finishes create a sophisticated and inviting atmosphere, perfect for attracting customers and employees alike. This is a rare opportunity to secure a prime retail space in a highly desirable location, with the added benefit of a completely renovated and ready-to-use interior. The property is conveniently located at 147 Spring Street, New York, NY.

    Property Features for 147 Spring St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,200 SF
    Total Rate
    31500

    Unit(s) available at that property

    Space
    Retail
    Size
    1,800 SF
    Rate per SF
    $366
    Space
    3rd Floor
    Size
    2,400 SF
    Rate per SF
    $90

    HighLights

    • 1,800 SF plus full storage basement.
    • 25‑foot frontage.
    • 14+ foot ceilings.
    • Ideal for pop‑up shops and long‑term leases.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ahashirts Clothing Store Cubico 147 Spring ... Coworking Space Studio Britta Skin Care Clinic Varda Shoes Shoe Store

    Suggested Use

    Law Firm Realty agency Restaurant 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
    State
    New York
    Longitude
    -74.0012574
    Latitude
    40.7244747

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    FAQs

    What type of property is this?
    Office Property / Space - Newly renovated, flexible retail space in NYC.
    Where is this office property / space located?
    The property is located at 147 Spring St New York, NY.
    What is the lease rate?
    The lease rate is $90-$366 SF/Yr.
    What are key features of this property?
    This property features: 1,800 SF plus full storage basement.; 25-foot frontage.; 14+ foot ceilings.
    Request Owner's contact information
    147 Spring St New York, NY 10012
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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
    147 Spring St New York, NY 10012
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