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    Property profile & analytics

    70 1Th St New York, NY 10003

    • Investment properties
    • 3,750 SF
    • 0.02 lot acres
    For Lease
    View listing
    $200 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US63-3382262
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 70 1Th St

    Year built
    1910
    Lot size
    0.02 lot acres
    Property size
    3,750 SF
    Zone code
    R7A
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    00443-0040
    APU
    4430040

    Description

    This exceptional 300-square-foot retail space is ideally situated in the vibrant East Village of New York County. Located on the ground floor with additional basement space, this single-tenant property offers immediate occupancy. The monthly rent is $5,000, and lease terms are negotiable. This versatile space is perfect for a wide range of retail uses, including but not limited to cafes, juice bars, clothing boutiques, salons, or other similar businesses. Its prime location within the bustling East Village ensures high foot traffic and visibility, making it an excellent opportunity for entrepreneurs seeking a thriving commercial environment. The property is suitable for various concepts, from food and beverage establishments like coffee shops, restaurants, or delis, to service-oriented businesses such as salons, spas, or fitness centers. The space's adaptability allows for creative customization to suit a diverse range of business needs. Inquire today to explore the possibilities of establishing your business in this dynamic and desirable location.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9888
    Latitude
    40.7236
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $10,654
    $16,510
    $68,706
    $85,216
    -
    $489,000
    $2,035,000
    $2,524,000

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    70 1Th St
    New York, NY 10003
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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