405 6th St, New York, NY 10009-6303
This exceptional 1,800-square-foot retail space is located at 405 E Sixth St in the vibrant East Village submarket of Manhattan, New York County. The property is a single-tenant retail building, offering a unique opportunity for a business seeking a high-visibility location within a densely populated and highly trafficked area. The building's size provides ample space for a variety of retail uses, allowing for creative layout and design to maximize the potential of the space. Its prime location within the East Village ensures high foot traffic and excellent exposure to a diverse customer base. The property's single-tenant occupancy simplifies management and provides a stable income stream for investors. This is an ideal investment for entrepreneurs looking to establish a strong presence in a thriving New York City neighborhood or for investors seeking a stable, income-generating asset in a prime location. The property's classification as both retail and multi-family suggests potential for mixed-use development, subject to applicable zoning regulations and approvals. Further due diligence is recommended to explore all potential uses and development opportunities. This property presents a rare chance to acquire a well-situated retail space in one of Manhattan's most sought-after neighborhoods. Serious inquiries only.
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Caravan Of Dreams Restaurant
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
R7A · 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.