29 10Th StNew York, NY 10003

Property Details for 29 10Th St

Year built

1900

Lot size

0.06 AC

Property size (Sq ft)

1,799 SF

Zone code

R7-2

Property type

Retail space

APN

00562-1001

APU

5621001

Description

This exceptional investment opportunity presents a 3,000-square-foot bi-level retail condominium located at 29 E 10th Street in the vibrant East Village of New York City. Priced at $2,450,000 ($816 per square foot), this owner-user property offers a unique blend of retail and executive office space, ideal for a discerning business owner seeking a high-profile location. The space is thoughtfully divided, featuring 2,000 square feet on the ground floor and an additional 1,000 square feet in the lower level. High ceilings and an abundance of natural light create a bright and inviting atmosphere, perfect for showcasing merchandise or fostering a productive work environment. The property's prime location in the East Village offers unparalleled access to a diverse clientele and a thriving community. This is a rare chance to acquire a well-positioned, versatile commercial space in one of Manhattan's most sought-after neighborhoods. The property is classified as Retail and Office, specifically an Executive Office subtype. The address is 29 E 10th St, New York, NY 10003, within New York County.

• CAP approach

  CAP return

  Valuation

  6%

  $340,313

  6.5%

  $314,135

  7%

  $291,697

• Comparable approach

  Method

  Valuation

  Relative Method

  $244,460

  Geo Method

  $244,460

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $612,595

  Mixed-Use / Specialty

  $313,015

  Hospitality / Lodging

  $229,649

  Office

  $311,156

  Institutional / Educational

  $325,410

  Residential Income

  $380,730

  Multifamily

  $456,627

  Automotive / Energy

  $278,923

  Parking / Income-Based Land

  $96,252.90

  Restaurant / Food Service

  $162,802

  Healthcare / Senior Housing

  $320,992

Location Insight

City

New York

County

New York

State

New York

Latitude

40.7326

Longitude

-73.993

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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