Retail
- $20,000
- $20,000
Description
106 Duane Street, New York, NY 10007 – Tribeca
Asking Rent: $20,000
Size: 3,000 sq ft
Use: Large-Format Restaurant / Brewery / Distillery / Event Space / Gourmet Market / Creative Office/Retail Hybrid
Lease Type: Commercial Lease (Retail)
Property Overview
This 3,000-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 $20,000, 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 3,000 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 $20,000 per month, this 3,000 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.
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