Retail

106 Duane Street, New York, NY 10007 – Tribeca
Asking Rent: $14,500
Size: 5,500 sq ft
Use: Large-Format Restaurant / Brewery / Distillery / Event Space / Gourmet Market / Creative Office/Retail Hybrid
Lease Type: Commercial Lease (Retail)
Price per Sq Ft: ~$31.64/sq ft/year | ~$2.64/sq ft/month

Property Overview

This 5,500-square-foot retail space at 106 Duane Street presents an exceptional value and a rare, large-scale opportunity in the prestigious Tribeca neighborhood. With an asking rent of $14,500, the space offers a remarkably low price per square foot for a substantial footprint in one of Manhattan’s most desirable and historic districts. This space is ideal for a destination restaurant with a production facility, a brewery/distillery with a tasting room, a gourmet market, a large gallery, or a creative hybrid office/retail concept that requires significant space to create an immersive experience.

Space Highlights

• Expansive 5,500 sq ft of raw, ground-floor, or cellar-level space in a historic Tribeca building
• Exceptionally low price per square foot for Tribeca, indicating a potential raw/industrial space or one requiring significant build-out
• Likely features high ceilings, exposed brick, original details, and flexible layout suitable for major customization
• Massive square footage allows for combined uses: production, dining, retail, and event space all in one
• A true blank canvas for a visionary operator to create a landmark destination

Location & Neighborhood

• Prime Tribeca location on Duane Street between Broadway and Church Street
• In a historic district famed for its converted warehouses, cobblestone streets, and affluent residential lofts
• High foot traffic from wealthy locals, tourists, and workers from nearby government and financial buildings
• Surrounded by acclaimed restaurants, boutique shops, and historic landmarks
• Excellent access to subway lines (A/C, 1/2/3, 4/5/6) at Chambers Street, Park Place, and Franklin Street
• Walkable to City Hall, the Hudson River, and the World Trade Center

Summary

Offered at $14,500 per month (~$31.64/sq ft/year), this 5,500 sq ft space at 106 Duane Street is a highly unique value proposition in the Tribeca market. The extremely low per-square-foot cost is likely offset by the need for a substantial capital investment in build-out. This space is not for a simple boutique; it is for an ambitious operator with a bold concept and the resources to execute a large-scale build-out. It is perfect for a restaurateur wanting a flagship with a production kitchen, a craft beverage maker seeking a central HQ, or a creative company desiring a dramatic headquarters—offering the chance to secure a massive, character-filled space in a top-tier neighborhood at an unrivaled price point.