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    Property profile & analytics

    10 Morton St New York, NY 11014

    • Retail properties
    • 1,200 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • l'Âge de Thé / Wholesaler

    Property Details for 10 Morton St

    Property size
    1,200 SF
    Property type
    Retail properties
    Property subtype
    Industrial properties

    Description

    This exceptional 1,200-square-foot flex space is ideally situated at 10 Morton Street in New York City's vibrant West Village. The property is a single-tenant space, perfect for a variety of commercial uses. The building offers a spacious 1,200 square feet of vacant space, ready for immediate occupancy. The high ceilings, measuring 12 feet, provide ample vertical space, enhancing the functionality and appeal of the property. Located in New York County, this property presents a unique opportunity for businesses seeking a prime location in a thriving neighborhood. The space includes a 700 square foot ground floor area and a 500 square foot basement, offering versatile options for layout and usage. The basement area previously housed a kitchen, providing potential for food service businesses, and also includes storage and office space. While previously configured as a restaurant, the space is adaptable to various commercial needs. The previous restaurant configuration accommodated 36 seated patrons, with additional bar seating for 7, and had the capacity to host events for up to 50 people. This turnkey space offers a rare opportunity in a highly desirable location. Key money is available upon request.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -74.0036
    Latitude
    40.7313
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    10 Morton St
    New York, NY 11014
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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