Property profile

110 Delancey St New York, NY 10002

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional three-story commercial property, located at 110 Delancey Street, New York, NY 10002, offers a unique opportunity for businesses seeking high-visibility retail and/or office space in the vibrant Lower East Side (LES) submarket of Downtown Manhattan. The building features a newly demised space previously occupied by Rainbow, offering approximately 2,298 square feet of ground floor retail space. This area boasts soaring 15-foot ceilings and a 15-foot frontage on Delancey Street, just steps from the corner of Essex Street and a subway entrance. The expansive layout is ideal for a variety of uses, including retail, grocery, wine & spirits, and some food operations (excluding prepared food services due to a non-compete agreement with McDonald's). Expansion possibilities exist with approximately 4,800 square feet available on the second floor and 6,500 square feet on the third floor, allowing for a multi-level retail or office configuration. The building includes elevators and is classified as Executive and Medical Office space. This prime location offers unparalleled access to the bustling LES community and excellent public transportation. Don't miss this chance to secure a prominent presence in one of Manhattan's most dynamic neighborhoods.

Property profile

Verified
Property type Retail properties & Spaces

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
  • Bar & Pub
  • (Bike/Boat/Book/etc) Store

Location

110 Delancey St New York, NY 10002
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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