Property Overview:
- Address: 137 E 13th Street, New York, NY 10003
- Sale Price: $2,750,000
- Property Type: Retail Condominium
- Sale Type: Investment – Retail
- Gross Building Area (GBA): 26,490 sq. ft.
- Typical Floor Size: 2,649 sq. ft.
- Building Count: 1
- Units per Acre: 160
- Market Segment: All
- Rent Type: Market Rate
Key Features:
Prime East Village Retail Location
Located in the energetic East Village, this retail condo benefits from a high-traffic area renowned for its eclectic mix of boutiques, restaurants, and cultural attractions. The East Village’s reputation for creativity and a lively atmosphere ensures a steady flow of locals and visitors alike, ideal for retail success.
Spacious Layout with Efficient Floor Plan
With a total building area of 26,490 sq. ft. and individual floors offering 2,649 sq. ft., this retail condo provides ample room for a range of business models. Its flexible layout makes it suitable for both established and emerging retail concepts, allowing for an adaptable and inviting customer experience.
High-Density Market Segment
Positioned in a high-demand area, this retail property appeals to a broad market segment, attracting a variety of tenants seeking visibility in a neighborhood known for its diverse demographic. The market-rate rent structure further enhances investment appeal with strong potential for income stability.
Long-Term Investment Potential
With its location in one of Manhattan’s most sought-after neighborhoods, this retail condo offers excellent long-term value appreciation. Investors looking to capitalize on the East Village’s ongoing growth and desirability will find this property to be a valuable addition to their portfolio.
Conclusion:
137 E 13th Street offers an exceptional opportunity to own a retail condo in the heart of East Village, New York City. With its strategic location, versatile space, and strong potential for income generation, this property stands out as an ideal investment in Manhattan’s dynamic retail market.
