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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

185 Orchard St New York, NY 10002

3,000 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 3,000 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
  • Rockwood Music Hall Stage 3 Music Venue Bar & Pub
  • Claw Daddy's Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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