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    70 1Th St New York, NY 10003

    For Lease
    $240 SF/Yr

    Prime East Village location, 300 sq ft.

    Lot size:
    300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail space, ideally situated in New York City's vibrant East Village at 70 E 1st St, 10003, offers 300 square feet of ground floor space plus a basement. The property is perfect for a diverse range of businesses, including but not limited to juice bars, cafes, coffee shops, boutiques, salons, or food establishments. Its single-tenant occupancy ensures exclusive use and control. The monthly rent is $4,000, and the lease term is negotiable. Immediate occupancy is available, making this a truly turnkey opportunity for entrepreneurs seeking a high-traffic location in a sought-after neighborhood. The property's versatility allows for a wide array of uses, from food and beverage to personal services and retail, catering to the dynamic needs of the East Village community. This location provides excellent visibility and accessibility, ensuring a strong foundation for business success. Don't miss this chance to establish your business in this thriving area.

    Property Features for 70 1Th St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    300 SF

    Unit(s) available at that property

    Space
    Size
    300 SF
    Rate per SF
    $240

    HighLights

    • 300 sq ft ground floor retail space plus basement in the East Village.
    • Located at 70 E 1st St, New York, NY 10003.
    • Suitable for various uses including cafes, boutiques, and salons.
    • Single‑tenant occupancy with negotiable lease terms.
    • $4,000 monthly rent and immediate occupancy available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pinky's Space Art Gallery Cafe La Fe Coffee Shop Cherry Velvet Space Art Gallery

    Suggested Use

    Law Firm Restaurant Realty agency 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
    -73.9888109
    Latitude
    40.7235521

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    FAQs

    What type of property is this?
    Restaurant - Prime East Village location, 300 sq ft.
    Where is this restaurant located?
    The property is located at 70 1Th St New York, NY.
    What is the lease rate?
    The lease rate is $240 SF/Yr.
    What are key features of this property?
    This property features: 300 sq ft ground floor retail space plus basement in the East Village.; Located at 70 E 1st St, New York, NY 10003.; Suitable for various uses including cafes, boutiques, and salons.
    Request Owner's contact information
    70 1Th St New York, NY 10003
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    New York, NY 10003
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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
    70 1Th St New York, NY 10003
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