47 Clinton St New York, NY 10002
- Retail residential properties
- 10,625 SF
- 0.06 lot acres
Current Use by Public Records
- Unfade Hair Studio | 美发店｜巴黎画染专业沙龙 / Hair Salon
Property Details for 47 Clinton St
- Year built
- 1900
- Lot size
- 0.06 lot acres
- Property size
- 10,625 SF
- Zone code
- R7A
- Property type
- Retail residential properties
- APN
- 00349-0022
- APU
- 3490022
Description
This exceptional 1,800 square foot retail space, located at 47 Clinton Street in New York City's vibrant Lower East Side, presents a unique opportunity for food-related businesses. The property boasts a fully built-out kitchen with venting already in place, eliminating significant upfront costs. The ground floor offers approximately 900 square feet with impressive 12-foot ceilings, creating a spacious and inviting atmosphere. A full basement provides ample storage space. The storefront features a 10-foot frontage on Clinton Street, ensuring high visibility and foot traffic. The asking rent is $11,000 per month, with lease terms negotiable. No key money is required, and all uses will be considered, making this a highly flexible and attractive option for prospective tenants. Immediate possession is available. The property is situated in New York County, New York, zip code 10002. This is a single-tenant space ideal for a variety of food-related businesses seeking a prime location in a thriving neighborhood.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $295,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $405,000
- 6.5%
- $390,000
- 7%
- $440,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $355,000
- Geo Method
- $350,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $410,000
- Retail
- $410,000
- Mixed-Use
- $425,000
- Hospitality
- $435,000
- Educational
- $420,000
- Residential Income
- $345,000
- Energy
- $460,000
- Income-Based Land
- $340,000
- Food Service
- $365,000
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.985
- Latitude
- 40.7198
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
