185 Orchard St New York, NY 10002
- Retail properties
- 3,000 SF
Current Use by Public Records
- Rockwood Music Hall Stage 3 / Live Music Venue
- Claw Daddy's / Seafood Restaurant / Cajun Restaurant
Property Details for 185 Orchard St
- Property size
- 3,000 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional 3,000-square-foot retail space, ideally situated on Orchard Street in the vibrant Lower East Side, presents a unique investment opportunity. Currently vacant and available for lease, this single-tenant property boasts a highly visible street frontage, perfect for a restaurant or retail establishment. The space is completely turnkey, featuring a fully equipped kitchen and a valuable existing full liquor license, significantly reducing start-up costs and time. Its location in the heart of the Lower East Side offers unparalleled access to a dense population base; over 183,000 residents live within a half-mile radius, creating a substantial customer pool. The area is already bustling with activity, boasting over 200 restaurants and cafes within easy walking distance, alongside numerous boutiques, museums, and hotels. The property's proximity to the Hotel Indigo (a 296-room establishment) further enhances its visibility and potential customer traffic. Convenient access to four subway lines ensures easy accessibility for both employees and customers. This large, open space offers significant potential for a variety of businesses seeking a prime location in one of Manhattan's most dynamic neighborhoods. The property's existing infrastructure and prime location make it an exceptional opportunity for a discerning tenant.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New York
- County
- Saratoga
- State
- New York
- Longitude
- -73.9884
- Latitude
- 40.722
