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    OFF-MARKET
    Retail properties & Spaces

    21-25-27 Mercer St, New York, NY 10013

    9,437 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional three-story retail property, located at 21-25-27 Mercer Street in New York City's vibrant 10013 zip code, offers a unique opportunity for businesses seeking high-visibility space in a desirable location. The building boasts a total of 9,437 square feet, currently entirely vacant and available for lease. The property is divided into four individual suites, providing flexibility for various business needs. Units range in size from a minimum of 1,332 square feet to a maximum contiguous space of 2,921 square feet. This allows for businesses of different scales to find a suitable fit within this prime New York County location. The building's prominent street-level presence ensures excellent foot traffic and visibility, making it an ideal location for retail establishments seeking to establish a strong presence in the heart of New York City. With its multiple suite options and ample square footage, this property presents a rare opportunity to secure a significant retail footprint in a highly sought-after area. The property's three stories offer versatile layout possibilities, catering to a wide range of retail concepts. Interested parties are encouraged to inquire about lease terms and availability.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 9,437 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
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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