Property profile

0 Monroe St New York, NY 10002

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional 432-square-foot commercial space presents a unique investment opportunity in the vibrant Two Bridges neighborhood of Manhattan's Lower East Side. Located at 34B Monroe Street, New York, NY 10002, this single-tenant property offers versatile use as either retail or office space, making it ideal for a variety of businesses. The property benefits from its strategic location at the base of the 1590-unit Knickerbocker Village, ensuring high foot traffic and visibility. Its convenient access to multiple transportation options is a significant advantage. Nearby subway lines include the F train at East Broadway and the B/D trains at Grand Street. Numerous bus lines also serve the area, including the M15, M22, SIM3, SIM11, SIM31, SIM6, M9, and M103. The surrounding area boasts a thriving mix of businesses, including the Downtown Music Gallery, Minimotors NYC, several popular restaurants (Hwa Yuan Szechuan, Dim Sum Go Go, Golden Unicorn, Golden Diner, Mei Lai Wah), the Museum at Eldridge Street, and various other retail establishments such as K&K Food Deli, Madison Wine & Liquor, Famous Calabria Pizza, Madison Bagel & Grill, Super Fresh Supermarkets, and Starbucks. This prime location offers unparalleled access to a dense residential population and a diverse clientele. The property is classified as Retail and Office, with a Studio Space subtype. This presents a rare opportunity to establish a business in a high-demand area with excellent transit connections and a strong existing commercial presence.

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

Monroe St New York, NY 10002
New York metro
Google Maps

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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