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    127 Elizabeth St, New York, NY 10013

    Property ID
    Property summary
    AI-generated overview

    This exceptional 4,000-square-foot single-tenant space at 127 Elizabeth Street, located in the vibrant Nolita submarket of Soho, presents a unique opportunity for discerning businesses. The property boasts a flexible layout perfectly suited for a variety of creative professional uses, including fashion, media, finance, technology, or art studios. The space is comprised of 2,700 square feet on two levels, with a spacious 1,000-square-foot ground floor featuring 14-foot high ceilings and a stunning 1,300-square-foot second floor with a dramatic 21-foot cathedral ceiling. A 1,000-square-foot basement adds further versatility. The property's previous use as a media company speaks to its suitability for businesses requiring high-quality space and infrastructure. Three bathrooms and a fully functional HVAC system ensure comfort and convenience. The property is available for a 5 to 10-year lease at a monthly rent of $36,000. This is a rare opportunity to secure a prominent location in one of Manhattan's most sought-after neighborhoods. The property is categorized as Retail, Office, and Special Purpose, and is specifically suited for executive office use, galleries, and showrooms. Live/work arrangements and short-term leases are not permitted.

    Property profile
    Verified
    Property type Specialty properties
    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
    • MediaMonks Advertising Agency Marketing & Advertising
    • Nathalie Karg Gallery Art Gallery
    • Elemental Consulting Inc Consultant
    • Christopher Henry Gallery 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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