207 4Th StNew York, NY 10009

  • Retail residential properties
  • 7,166 SF

Property Details for 207 4Th St

Year built
1900
Lot size
0.05 AC
Property size (Sq ft)
7,166 SF
Zone code
R7B
Property type
Retail residential properties
APN
00400-0054
APU
4000054

Description

This exceptional 400-square-foot retail space is ideally situated at 207 East 4th Street in New York City's vibrant East Village. The property is a single-suite, multi-tenant commercial building located in New York County, zip code 10009. The entire space is currently vacant and ready for immediate occupancy, offering a blank canvas for a discerning tenant. Its prime location within the bustling East Village ensures high foot traffic and visibility, making it an excellent opportunity for a variety of retail businesses. The space boasts ample room for creative design and layout, allowing for customization to suit specific business needs. This is a rare opportunity to secure a well-positioned retail space in one of Manhattan's most sought-after neighborhoods. The property's address is easily accessible for both customers and deliveries, contributing to its overall operational efficiency. With its ideal size and location, this space presents a unique chance to establish a thriving business in a dynamic and densely populated area. The building is well-maintained and offers a professional environment. Don't miss this chance to secure a foothold in the heart of the East Village. Contact us today to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,469,095
    6.5%
    $1,356,088
    7%
    $1,259,224
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,451,280
    Geo Method
    $1,451,280
  • Alternative Use

    Use
    Valuation
    Residential
    $1,356,088
    Hospitality
    $1,242,169
    Educational
    $1,033,470
    Medical
    $1,069,012
    Retail
    $1,607,620

Location Insight

City
New York
County
New York
State
New York
Latitude
40.724
Longitude
-73.9837
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
$106,960
$106,200
$749,340
$855,540
-
$236,000
$1,697,000
$1,933,000

FAQs

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