Property profile

73 Catherine St New York, NY 10038

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This 860-square-foot retail space, a former sandwich shop, is ideally situated in the vibrant Two Bridges neighborhood on Manhattan's Lower East Side. Located at 73 Catherine Street, New York, NY 10038, this single-tenant property benefits from exceptional accessibility via multiple subway lines (F train at East Broadway, B/D trains at Grand St) and numerous bus routes (M15, M22, SIM3, SIM11, SIM31, SIM6, M9, & M103). The property enjoys a high-traffic location at the base of the 1590-unit Knickerbocker Village, ensuring consistent foot traffic. The surrounding area boasts a diverse mix of established businesses, including restaurants (Hwa Yuan Szechuan, Dim Sum Go Go, Golden Unicorn, Golden Diner, Mei Lai Wah, Mr. Fongs, Banh by Lauren), shops (Downtown Music Gallery, Minimotors NYC, K&K Food Deli, Madison Wine & Liquor, Famous Calabria Pizza, Madison Bagel & Grill, Super fresh Supermarkets, Starbucks), cultural attractions (Museum at Eldridge Street), and hotels (Madison LES Hotel). This prime location offers significant potential for a variety of retail ventures, capitalizing on the high density of residential units and the bustling commercial activity of the Lower East Side. The property is in New York County.

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

Location

73 Catherine St New York, NY 10038
New York metro
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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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