Property profile

New York, NY 10038

OFF-MARKET
Retail properties & Spaces
1,835 SF
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1,835 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

New York, NY 10038
New York metro
Google Maps

Value estimations

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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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