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    FOR LEASE
    Office buildings

    147 Spring St, New York, NY 10012

    5,145 SF 0.04 ac lot Built 1900
    Entity Owned 8-yr Hold ~ Est. High Equity
    Property ID
    US63-3024676
    Property summary
    AI-generated overview

    This exceptional retail property at 147 Spring Street in New York, NY 10012 offers 4,200 square feet of newly gut-renovated space, currently entirely vacant and ready for immediate occupancy. The building boasts high-end finishes and an elevator, making it an ideal location for a variety of commercial uses. The space is divisible, with a minimum leasable area of 1,800 square feet and a maximum contiguous space of 2,400 square feet, offering flexibility for businesses of different sizes. Multiple tenancy options are available, allowing for the possibility of dividing the space to suit the needs of several tenants. Located in New York County, this property benefits from excellent visibility and accessibility within a vibrant and bustling urban environment. The building's modern design and premium finishes create a sophisticated and inviting atmosphere, perfect for attracting customers and employees alike. This is a rare opportunity to secure a prime retail space in a highly desirable location, with the added benefit of a completely renovated and ready-to-use interior. The property is conveniently located at 147 Spring Street, New York, NY.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING (MULTI-STORY)
    Year built 1900
    Total area 5,145 SF
    Lot 0.04 ac (1,875 SF)
    Zoning code M15R7X
    APN 00501-0034
    UPID US63-3024676
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • ahashirts Clothing Store
    • Cubico 147 Spring - NYC Coworking & Hybrid Office
    • Studio Britta Medical Clinic Skin Care Clinic
    • Varda Shoes Clothing & Fashion Store (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $2.65M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.93M
    Owner & transaction history
    147 Spring Street Assocs INC · 8 yrs held
    147 Spring Street Assocs INC
    since 2018
    4 recorded transactions
    2018
    1969
    1969
    1969
    Zoning & alternative use
    M15R7X · New York, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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