Property profile

68 Franklin St New York, NY 10013

OFF-MARKET
Retail properties & Spaces
5,634 SF Built 1900
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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

Current use

Occupant on record · Public records
  • Art Gallery

Location

68 Franklin St New York, NY 10013
New York metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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