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    161 4Th St New York, NY 10014

    For Lease
    $93 SF/Yr ($9,997 /Mo)

    Prime NYC Retail: 1,290 SF, High Traffic

    Lot size:
    1,290 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 1,290-square-foot retail space is ideally situated on West 4th Street in the vibrant Greenwich Village neighborhood of New York City, New York County. The property boasts a highly desirable single-tenant occupancy and is currently vacant, presenting a unique opportunity for immediate occupation. With 20 feet of frontage, this space offers excellent street visibility and exposure to the area's consistently high pedestrian traffic. The unit is a brand-new, white-boxed space, complete with HVAC already installed, and features a chic, modern storefront. For restaurant tenants, the landlord is willing to install necessary ventilation. This remarkable opportunity is further enhanced by an attractive incentive package including six months of free rent and a $60,000 landlord contribution towards tenant improvements. This is an unparalleled chance to establish a thriving business in one of Manhattan's most sought-after locations. The property is located at 161 West 4th Street, New York, NY 10014.

    Property Features for 161 4Th St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,290 SF
    Total Rate
    9997.5

    Unit(s) available at that property

    Space
    Available space
    Size
    1,290 SF
    Rate per SF
    $93

    HighLights

    • 1,290 SF retail space available at 161 West 4th Street, New York, NY 10014.
    • Single‑tenant occupancy, currently vacant.
    • 20' of frontage on West 4th Street in Greenwich Village, offering high visibility.
    • Brand new, white‑boxed space with HVAC; landlord will install restaurant ventilation.
    • Attractive lease terms include six months free rent and $60,000 TI allowance.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    CherryBoxxx Adult Entertainment Store Bob Dylan Interactive ... Tour Operator Hamlet's Vintage Vintage Clothing Store Total Relaxation Spa Massage Spa

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    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
    -74.0012411
    Latitude
    40.7320627

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    FAQs

    What type of property is this?
    Retail property - Prime NYC Retail: 1,290 SF, High Traffic
    Where is this retail property located?
    The property is located at 161 4Th St New York, NY.
    What is the lease rate?
    The lease rate is $93 SF/Yr.
    What are key features of this property?
    This property features: 1,290 SF retail space available at 161 West 4th Street, New York, NY 10014.; Single-tenant occupancy, currently vacant.; 20' of frontage on West 4th Street in Greenwich Village, offering high visibility.
    Request Owner's contact information
    161 4Th St New York, NY 10014
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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
    161 4Th St New York, NY 10014
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