Property profile

47 Great Jones St COMM New York, NY 10012

OFF-MARKET
Retail space
Property ID
US63-3887795
13,554 SF
Entity Owned 22-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional retail opportunity is located at 47 Great Jones Street in the vibrant heart of New York City's New York County (zip code 10012). The property, encompassing a total of 1,998 square feet, is currently entirely vacant and offers flexible lease terms for multiple tenants. The space is ideally suited for a variety of retail uses, with individual units ranging from a minimum of 81 square feet to a maximum contiguous space of 1,585 square feet. This allows for both small boutique businesses and larger retail operations to find a suitable fit. The building's location provides excellent visibility and accessibility, benefiting from high foot traffic and proximity to other established businesses. The address, 47 Great Jones Street, places the property within a dynamic and culturally rich neighborhood, offering significant potential for attracting a diverse customer base. This is a rare chance to secure a prominent retail presence in one of New York City's most sought-after locations. The entire 1,998 square feet is available for lease, presenting a unique opportunity for a single tenant seeking a substantial space or multiple tenants looking for smaller, adaptable units. Interested parties are encouraged to inquire for further details and lease options.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Total area 13,554 SF
Zoning code M15R7X
APN 00530-1201
UPID US63-3887795

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Art Gallery Non-Profit Organization
  • Theater & Performing Art Venue
  • Gym & Fitness Center
  • Real Estate Agency
  • Theater & Performing Art Venue

Location

47 Great Jones St, Unit COMM New York, NY 10012-1196
New York metro Census 5502 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$450k

Owner & transaction history

Zoning & alternative use

M15R7X · New York, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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