242 Lafayette St New York, NY 10012
This exceptional retail opportunity presents two available spaces totaling 2,270 square feet within a multi-tenant building at 242 Lafayette Street in New York City's vibrant downtown area. Located in New York County, this property offers a unique chance to establish a presence in a high-traffic location with excellent visibility. The building features a total of two suites, with each space offering flexibility for various retail concepts. One space offers a minimum of 1,400 square feet, ideal for larger businesses requiring ample space, while the maximum contiguous space available is 870 square feet, perfect for smaller boutiques or specialty shops. Currently, the entire 2,270 square feet is vacant, presenting a blank canvas for a new tenant to customize and design their ideal retail space. The property's address, 242 Lafayette Street, New York, NY 10012, places it within a dynamic and densely populated area, ensuring high foot traffic and significant exposure to potential customers. This is an unparalleled opportunity to secure a prominent retail location in one of Manhattan's most sought-after neighborhoods. The property is classified as Street Retail and offers a unique chance to establish a strong retail presence in a bustling area.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.