Property profile

196 Hester St New York, NY 10013

OFF-MARKET
Retail properties & Spaces
1,596 SF
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Property summary

AI-generated overview

This exceptional 1,596 square foot executive office space at 196 Hester Street in New York City, New York County, presents a unique opportunity for businesses seeking a prestigious location. The property is categorized as both retail and office, offering versatile usage options. Currently, the entire 1,596 square foot space is available for lease, providing ample room for a growing company or a business requiring significant office space. The building boasts a convenient 9-foot ceiling height, contributing to a spacious and comfortable work environment. Ample parking is available with 67 parking spaces, a significant advantage in a densely populated urban area like New York City. The property's location at 196 Hester Street, New York, NY 10013, places it within easy reach of various transportation options and key business districts. The multiple tenancy structure allows for flexibility in lease terms and potential for shared amenities. This is an ideal space for businesses seeking a high-profile address in a vibrant and accessible part of Manhattan. The property is ready for immediate occupancy. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1,596 SF

Cap rate & NOI

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

Location

196 Hester St New York, NY 10013
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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