Property profile

102 Chambers St New York, NY 10007

OFF-MARKET
Retail space
Property ID
US63-3713952
3,086 SF 0.16 ac lot Built 2017
Entity Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 3,086 square foot retail condominium, located at 102 Chambers Street in New York City's coveted Tribeca submarket, presents a unique investment opportunity. Situated on the ground floor of a newly constructed, twelve-story luxury residential building, this property boasts approximately 125 feet of wraparound frontage along Church and Chambers Streets, providing unparalleled visibility and street presence. The space features a stunning glass build-out with impressive 20-foot ceilings, creating a bright and spacious environment ideal for a variety of retail uses. Minimal use restrictions allow for flexibility in tenant selection. The property benefits from strong co-tenancy within the vibrant neighborhood, offering a synergistic environment for businesses. Tribeca's "Live-Work-Play" atmosphere attracts a high-density population, ensuring a robust customer base. This prime location offers exceptional accessibility, with proximity to several subway lines including the 1, 2, 3, A, C, R, and W trains. The asking price for this remarkable retail space is $5,500,000. This is a rare opportunity to acquire a high-profile retail property in one of Manhattan's most desirable neighborhoods.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2017
Total area 3,086 SF
Lot 0.16 ac (6,766 SF)
Zoning code C63A
APN 00135-1903
UPID US63-3713952

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant

Location

102 Chambers St New York, NY 10007
New York metro Census 2100 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$6.68M
Comparable Approach Comparable
$4.97M
Blend (final) Blend
$11.70M

Owner & transaction history

since 2026
Last sale
$3.8M
2 recorded transactions
2026
$3.8M
2023
Price N/A

Zoning & alternative use

C63A · New York, NY
Top alternative use upside
Auto repair, garage $7.1M +75.8%

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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