Commercial Retail / Office Lease – 145 Delancey Street, New York, NY 10002
Asking Rent: $60,000/month
Lease Type: Commercial – Retail / Office / Showroom
Property Type: Large-Format Retail / Mixed-Use Space
Location: Lower East Side (LES) / Essex Crossing Corridor – Manhattan (10002)
Availability: Immediate
Property Overview
145 Delancey Street offers a prime 11,157 SF ground-floor commercial space in the heart of the Lower East Side, directly adjacent to Essex Crossing and some of downtown’s most dynamic retail and cultural growth.
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This property provides expansive frontage and visibility on Delancey Street, with direct exposure to heavy pedestrian, residential, and commuter traffic. The layout is ideal for flagship retail, creative office, experiential concepts, or medical/wellness tenants looking for high-impact presence in a thriving, trend-driven neighborhood.
Key Features
- Total Size: ≈ 11,157 SF
- Asking Rent: $60,000/month
- Annualized Rent: ≈ $720,000
- Effective Rent per SF: ≈ $64/SF annually
- Layout: Large, efficient open floorplate adaptable for retail or office buildouts
- Frontage: Strong Delancey Street visibility with significant daily foot and vehicle traffic
- Flexibility: Potential for tenant improvements (T.I.) subject to landlord approval
Lease & Terms
- Base Rent: $60,000/month (≈ $64/SF/YR)
- Term: Negotiable
- Availability: Immediate / by agreement
- Due at Signing: First month + security deposit; standard financials required (ID, company info, proof of funds)
- Tenant Responsibilities: Utilities, RE tax, and NNN typical for commercial lease
Market Profile
- Location Advantage: Located on Delancey Street, steps from Essex Crossing, Williamsburg Bridge access, and key LES cultural hubs.
- Transit Access: Excellent connectivity via Delancey/Essex Street subway hub (F, J, M, Z) and multiple bus routes.
- Neighborhood Demand: LES is one of Manhattan’s fastest-growing residential and cultural markets, with strong demand for lifestyle retail, creative studios, and medical/wellness providers.
- Competitive Advantage: Rare large-format space in the LES at a highly competitive ~$64/SF compared to SoHo or Bowery corridors.
Summary
The 11,157 SF commercial space at 145 Delancey Street offers flagship-scale presence in one of Manhattan’s most dynamic growth corridors. Priced at $60,000/month (~$64/SF annually), it is an excellent opportunity for retailers, creative firms, or wellness providers seeking visibility, scale, and connectivity in the Lower East Side.
