Property summary
Ground-floor commercial condominium with additional cellar space in the heart of Chinatown /Little Italy corridor. This vacant and fully finished unit offers approximately 1, 199 SF on the ground floor plus an approximately 1, 111 SF cellar with 9-foot ceiling height, totaling approximately 2, 310 SF of usable space. The ground floor is suitable for retail or office use, providing strong flexibility for a variety of business types, while the cellar offers valuable storage or extra office space. The unit is equipped with its own central HVAC system for heating and air conditioning and features a finished interior ready for immediate occupancy. Another plus is that the new owner could advertise on the side wall next to the interior entrance, and also place its signage on the top space of the building main entrance for extra exposure. The elevator provides keyed entrances on its ground floor, as well as the cellar floor, very convenient! Located in one of Manhattan’s most vibrant and heavily trafficked neighborhoods, the property benefits from exceptional accessibility and strong surrounding retail and office presence. Surrounded by restaurants, cafés, shopping, and neighborhood services, with convenient access to multiple subway lines including B, D, J, N, Q, R, Z, 6, and W trains. The area also offers outstanding walkability and transit connectivity. A compelling opportunity for owner-users or investors seeking a versatile commercial space with low real estate taxes in a prime Downtown Manhattan location.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Derived from the New York market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
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- Location Intelligence
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- Ownership
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- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning