At the stated asking rent, the 500 SF premises equates to approximately $12.00/SF per month, or $144/SF annually.
Key Features
- Asking Rent: $6,000/month
- Annual Base Rent: $72,000
- Available Space: Approximately 500 SF
- Property Type: Retail
- Annual Rent per SF: Approximately $144/SF
- Monthly Rent per SF: Approximately $12/SF
- Location: Lower East Side
- Building Type: Mixed-use residential building with ground-floor commercial space
- Positioning: Compact downtown retail space suitable for a smaller-format retail or service concept, subject to permitted use
- Building: Six stories, originally built in 1920
- Transit Access: F/J/M/Z trains at Delancey Street–Essex Street approximately 0.24 miles away, with additional F, J/Z and B/D service nearby
Financial
At $6,000 per month, annual base rent would total approximately $72,000.
Based on 500 SF, the asking rent equates to approximately $144/SF annually. Over a five-year lease with no increases or concessions, the nominal base-rent commitment would be approximately $360,000.
The relatively small 500 SF footprint keeps the absolute monthly rent at $6,000 despite the higher $144/SF annual rate. For a retail tenant, this can be useful where the business model prioritizes a compact customer-facing location rather than substantial selling or storage space.
The lease structure should be confirmed before determining the true occupancy cost, particularly whether real estate taxes, CAM or operating expenses, utilities, insurance, annual escalations and other pass-throughs are payable in addition to base rent.
Public marketing for retail space at this address currently describes a different 1,200 SF ground-floor space with high visibility, approximately 20 feet of frontage, 11-foot ceilings, a private restroom and possible storage. Because that differs from the 500 SF premises specified here, those physical characteristics should not be assumed to apply to this particular space without confirmation.
Location Highlights
210 Rivington Street is situated in the heart of the Lower East Side, providing access to one of Downtown Manhattan’s most active dining, nightlife and independent retail districts.
The neighborhood combines a substantial residential population with restaurants, bars, galleries, boutiques and entertainment uses, generating activity beyond conventional weekday business hours.
Transportation is a strong attribute. The F/J/M/Z trains at Delancey Street–Essex Street are approximately 0.24 miles away, while the F train at Second Avenue and East Broadway and additional subway service at Bowery and Grand Street are also within walking distance.
For a retail tenant, the location is particularly suited to a concept that benefits from Lower East Side identity, neighborhood foot traffic, nightlife activity and a compact storefront format.
Summary
The approximately 500 SF retail space at 210 Rivington Street is offered for $6,000 per month, equivalent to approximately $72,000 annually or $144/SF per year.
The property’s primary appeal is its Lower East Side location and manageable 500-square-foot footprint, potentially making it appropriate for boutique retail, specialty services, showroom or other compact customer-facing concepts, subject to permitted use.
From a financial standpoint, the principal figures are the $6,000 monthly base rent and $144/SF annual asking rate. Before proceeding, the tenant should verify the exact storefront configuration, frontage, permitted use, additional rent, lease escalations and build-out requirements.