Property profile

63 Downing St PRO1 New York, NY 10014

OFF-MARKET
Flex space
Property ID
US63-3791685
3,669 SF 0.3 ac lot
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional retail property at 63 Downing Street in New York City, NY 10014 offers a unique opportunity for businesses seeking a high-visibility location. The building, situated in New York County, boasts a total of 2,917 square feet across two suites. Currently, the entire space is vacant and available for lease, presenting a blank canvas for a discerning tenant. Individual suites range from a minimum of 1,350 square feet to a maximum contiguous space of 1,567 square feet, providing flexibility for various business needs. The property's classification is retail, making it ideal for a wide range of commercial ventures. Its prime location in downtown Manhattan ensures high foot traffic and excellent brand exposure. The address is 63 Downing Street, offering easy access and visibility. This is a rare chance to secure a substantial retail space in a highly desirable and densely populated area of New York City. The property's size and layout provide ample room for customization and creative design to suit a tenant's specific requirements. Interested parties are encouraged to inquire for further details and leasing options. The property is ready for immediate occupancy.

Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Total area 3,669 SF
Lot 0.3 ac (13,239 SF)
Zoning code C2-6
APN 00528-1002
UPID US63-3791685

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
  • Medical Clinic
  • Physician Medical Clinic
  • Physician

Location

63 Downing St, Unit PRO1 New York, NY 10014-4331
New York metro Census 6700 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$495k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$495k

Owner & transaction history

Zoning & alternative use

C2-6 · 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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