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    OFF-MARKET
    Retail properties & Spaces

    68 Franklin St, New York, NY 10013

    5,634 SF Built 1900
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3,134 square foot retail space at 68 Franklin Street in Lower Manhattan offers a unique opportunity for businesses seeking a vibrant location. Built in 1900 and renovated in 2012, the property boasts a flexible layout with 2,184 square feet on the main level and a 950 square foot mezzanine. Its prime location on Franklin Street provides tremendous visibility and branding opportunities, benefiting from high foot traffic from residents, tourists, and office workers alike. The space is ideally situated near multiple subway lines (N, Q, R, W, J, Z, 1, and 6) and bus routes, ensuring excellent accessibility. The building offers the potential for venting installation and has existing gas lines. The total building size is 5,634 square feet, and the property is configured for multiple tenants. This is an exceptional opportunity to establish a presence in a thriving Lower Manhattan submarket. The space is ready for immediate occupancy and presents a rare chance to secure a well-located, versatile commercial space in a highly desirable area of New York City. The zip code is 10013.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1900
    Total area 5,634 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Astroläbe Contemporary Art Gallery
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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