105 Rivington St New York, NY 10002
- Retail residential properties
- 6,400 SF
- 0.06 lot acres
Current Use by Public Records
- Tigre / Bar / Lounge
- Psyop Productions / Media Company
- Next Day Flower Delivery Manhattan / Florist
- Contact Us - Archipelago Inc / Association / Organization
- Artificial Grass Factory Outlet of New York City / Turf Supplier
Property Details for 105 Rivington St
- Year built
- 1990
- Lot size
- 0.06 lot acres
- Property size
- 6,400 SF
- Zone code
- C44A
- Property type
- Retail residential properties
- APN
- 00410-0047
- APU
- 4100047
Description
This exceptional 2,000-square-foot retail space is located at 105 Rivington Street in Manhattan's vibrant Lower East Side. Situated on the second floor, this single-tenant property boasts a dedicated entrance ensuring high visibility and accessibility for customers. The space is currently vacant and ready for immediate occupancy, offering a blank canvas for a wide array of retail or office uses. Its strategic location offers significant advantages. The property is adjacent to the newly renovated Hotel on Rivington and neighbors the recently opened Tigre speakeasy, a popular nightlife destination. This proximity to established businesses and a thriving social scene provides immediate access to a dynamic and densely populated customer base. The building's location within New York County, specifically in the 10002 zip code, places it within a highly sought-after area known for its unique blend of historical charm and modern energy. The flexible layout of the 2,000 square feet allows for customization to suit a variety of business needs, making it an ideal opportunity for a discerning tenant seeking a prominent presence in a rapidly evolving neighborhood. This is a rare chance to establish a business in a location with exceptional foot traffic and brand recognition potential.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,270,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,730,000
- 6.5%
- $1,455,000
- 7%
- $1,560,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,525,000
- Geo Method
- $1,490,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,630,000
- Retail
- $1,330,000
- Mixed-Use
- $1,415,000
- Hospitality
- $1,555,000
- Educational
- $1,525,000
- Residential Income
- $1,705,000
- Energy
- $1,580,000
- Income-Based Land
- $1,290,000
- Food Service
- $1,735,000
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9882
- Latitude
- 40.7198
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
