229 2nd St1a, New York, NY 10009-7070
This exceptional East Village commercial condo presents a unique owner-user opportunity. Located at 229 E 2nd St, New York, NY 10009, this property offers 1,850 square feet of versatile space, ideal for a variety of uses. The layout includes a 350-square-foot ground floor, perfect for a reception area or showroom, and a spacious 1,500-square-foot lower level, providing ample room for operations or storage. The property is ADA compliant, featuring an elevator and an ADA-accessible restroom. It's already equipped with existing Department of Education (DOE) school licenses, making it particularly well-suited for a daycare or similar educational facility. The space is currently vacant, presenting a blank canvas for a new owner to customize to their specific needs. The asking price is $999,999. This white-boxed space is ready for immediate occupancy and offers significant potential for a thriving business in a vibrant and desirable neighborhood. The property's existing infrastructure and licenses significantly reduce the time and cost associated with setting up a new business. This is a rare opportunity to acquire a turnkey commercial space in a prime East Village location.
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Juliano Barber Barber Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R8A · New York, NYNew York. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.