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    88 Leonard St New York, NY 10013

    For Lease
    Contact for pricing

    6,465 SF Retail Space in Tribeca

    Lot size:
    6,465 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 6,465 square foot retail space at 88 Leonard Street in New York City's vibrant Tribeca neighborhood presents a unique opportunity for a discerning tenant. The entire space is currently vacant, offering a blank canvas for a creative and impactful commercial venture. Located in New York County, the property boasts a highly desirable street-level location with excellent visibility and foot traffic. The "Commercial, Street Retail" classification ensures prime exposure to potential customers. The multiple tenancy designation suggests flexibility in layout and design to suit a variety of retail concepts. The property's address, 88 Leonard Street, New York, NY 10013, places it within a dynamic and affluent area known for its high-end boutiques, restaurants, and residential buildings. This presents a significant opportunity to establish a strong presence in a thriving market. The substantial square footage allows for a large-scale retail operation or the possibility of subdividing the space for multiple tenants. With its strategic location and ample space, this property is ideally suited for a wide range of retail businesses seeking a prominent position in one of Manhattan's most sought-after neighborhoods. The property is available for lease and offers a chance to secure a significant retail presence in a prime Tribeca location. Interested parties are encouraged to inquire for further details and leasing information.

    Property Features for 88 Leonard St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,465 SF

    Unit(s) available at that property

    Space
    Retail A
    Size
    6,465 SF

    HighLights

    • High‑traffic ground floor retail space in a 352‑unit luxury residential building.
    • 18‑foot ceiling heights provide impressive volume.
    • Highly divisible space, suitable for food uses with existing venting infrastructure.
    • Densely populated area with 225,116 employees within a 15‑minute walk.
    • Exceptional access to a large workforce of 225,116 employees within a 15‑minute walk.
    Property Profile Location Intelligence

    Current Use by Public Records

    New York Preschool Preschool Hemingway African Gallery Art Gallery Zipcar Car Rental Agency Edison ParkFast Parking Garage LSG Public Relations Public Relations Firm

    Suggested Use

    Restaurant Realty agency Law Firm 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
    -74.0047722
    Latitude
    40.7170355

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    FAQs

    What type of property is this?
    Individual retail property - 6,465 SF Retail Space in Tribeca
    Where is this individual retail property located?
    The property is located at 88 Leonard St New York, NY.
    What are key features of this property?
    This property features: High-traffic ground floor retail space in a 352-unit luxury residential building.; 18-foot ceiling heights provide impressive volume.; Highly divisible space, suitable for food uses with existing venting infrastructure.
    Request Owner's contact information
    88 Leonard St New York, NY 10013
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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
    88 Leonard St New York, NY 10013
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