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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

153 Chambers St New York, NY 10007

Property ID
Property summary
AI-generated overview

This exceptional 2,955 square foot ground floor and basement condominium presents a unique investment or user opportunity in the heart of Tribeca, New York. Located on a high-traffic corridor at 153 Chambers Street, zip code 10007, this property boasts approximately 1,600 square feet on the ground floor and an additional 1,355 square feet in the basement. The ground floor features impressive 14-foot ceilings and central air conditioning. The building is part of a five-unit mixed-use loft building, offering excellent signage opportunities outside a landmark district. Its highly visible location on one of Tribeca's premier streets ensures maximum exposure. The property benefits from its proximity to Stuyvesant High School and Borough of Manhattan Community College, and the nearby 1/9 Chambers Street subway station sees over 12,500 average weekday riders (2023 MTA data), representing an approximate 117% year-over-year increase. Previously occupied by a major national quick-service restaurant and more recently a temporary clinic, the space retains a Certificate of Occupancy for use group 6 (eating and drinking establishment), a grease trap, extensive plumbing, and a 1-inch gas line (currently inactive). Venting would require a precipitator or street venting. The asking price is $2,400,000.

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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Chambers Pottery classes Training Center Vocational School
  • Deli Food Market Restaurant
  • Growth Through Sport Gym & Fitness Center Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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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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