345 Greenwich StNew York, NY 10013

  • Retail space
  • 2,835 SF

Property Details for 345 Greenwich St

Property size (Sq ft)
2,835 SF
Zone code
C62A
Property type
Retail space
APN
00180-1320
APU
1801320

Description

This exceptional retail opportunity at 345 Greenwich Street in New York City offers 5,500 square feet of vacant space, perfect for multiple restaurant tenants. The property is divisible into units ranging from a minimum of 500 square feet to a maximum contiguous space of 2,000 square feet, providing flexibility for various business needs and sizes. Located in the vibrant and bustling heart of New York County, this property benefits from high foot traffic and excellent visibility, making it an ideal location for a thriving restaurant business. The entire 5,500 square foot space is currently available for lease, presenting a unique chance to establish a significant presence in a prime New York City location. The address, 345 Greenwich Street, places the property within easy reach of numerous residential and commercial areas, ensuring a consistent flow of potential customers. This is a rare opportunity to secure a substantial and well-positioned retail space in one of New York City's most desirable neighborhoods. The zip code is 10013. The property is categorized as a multi-tenant retail space, specifically suited for restaurant use. This presents a unique chance to either lease the entire space or divide it to suit multiple restaurant concepts. Don't miss this chance to secure your place in this thriving New York City location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $689,004
    6.5%
    $636,004
    7%
    $590,575
  • Comparable approach

    Method
    Valuation
    Relative Method
    $933,461
    Geo Method
    $933,461
  • Alternative Use

    Use
    Valuation
    Residential
    $536,493
    Hospitality
    $491,425
    Educational
    $408,860
    Medical
    $422,921
    Retail
    $636,004

Location Insight

City
New York
County
New York
State
New York
Latitude
40.7184
Longitude
-74.0101
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
$53,915
$41,866
$508,434
$550,300
-
$93,036
$1,038,106
$1,131,142

FAQs

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