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    Property profile & analytics
    OFF-MARKET
    Retail space

    543 6Th St, New York, NY 10009

    5,417 SF 0.4 ac lot Built 1930
    Entity Owned 1-yr Hold
    Property ID
    US63-1050502
    Property summary
    AI-generated overview

    This exceptional East Village retail space, located at 543 1/2 East 6th Street, offers a unique leasing opportunity. The ground floor unit encompasses 318 square feet with 15 feet of frontage, situated in a vibrant neighborhood at the base of an eight-unit residential building. The space is available for $4,500 per month and is delivered in broom-cleaned condition. All non-vented uses are considered, and the unit boasts an existing bathroom and HVAC system. Its convenient location is a one-minute walk from Tompkins Square Park and in close proximity to the L train at 1st Avenue. The property benefits from a high-traffic location surrounded by a diverse mix of established businesses, including restaurants, bars, entertainment venues, and art galleries such as Nowon, Pineapple Club, Niagara, Miss Lilly's, DROM, Connelly Theater, Ed. Varie, MARCH, O'Flaherty's, Gruppo NYC, and Sunny & Annie's. The building itself is a five-story structure built in 1930, totaling 5,417 square feet on a 0.4-acre lot in the Alphabet City submarket of New York County, zoned R7A. While there is no on-site parking, the exceptional location and reduced rent make this a compelling opportunity for a variety of retail businesses.

    Property profile
    Verified
    Property type Retail space
    Year built 1930
    Total area 5,417 SF
    Lot 0.4 ac (17,424 SF)
    UPID US63-1050502
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Wood House Spa Center Inc Spa & Massage Center
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    543 East 6th Street Owner LLC · 1 yrs held
    543 East 6th Street Owner LLC
    since 2024
    3 recorded transactions
    2024
    2024
    2023
    $3.3M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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