New York, NY 10038
This exceptional 1,835 square foot retail space is ideally situated at 25-27 Peck Slip in the vibrant Seaport District of New York County. Currently vacant and in excellent "white box" condition, this single-tenant property offers immediate occupancy. The space includes a finished bathroom and a built-out pantry. Its prime location directly next to the Mr. C Hotel and restaurant ensures high visibility and significant foot traffic. The property is easily accessible via public transportation, with convenient access to the A, C, J, Z, 2, 4, and 5 subway lines at the Fulton Street/Broadway/Nassau stop. This location boasts a thriving mix of established businesses and new developments, including nearby neighbors such as Bellini, Suteishi, Coco Bistro, Carne Mare, Warrior Bridge Yoga, Calderon Gallery, Van Leeuwen Ice Cream, The Fulton, and Malibu Farm. Furthermore, the imminent arrival of a 53,000 square foot Jean Georges Market promises to further enhance the area's appeal and draw even more foot traffic. Most non-vented uses will be considered, making this space highly versatile and suitable for a variety of retail or restaurant concepts. This is a rare opportunity to secure a prime retail space in one of Manhattan's most dynamic and sought-after neighborhoods.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.