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261 Bowery
2,500 SF of Retail Space Available in New York, NY 10002
Highlights
- All uses considered
- Located in the convergence of SoHo, NoLita, and Lower East Side in Downtown Manhattan
- Landlord to deliver the space in vanilla white box
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| Ground | 2,500 SF | 14’ | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
Ground
All uses considered. Landlord to deliver the space in vanilla white box
- Space In Need of Renovation
- Finished Ceilings: 14’
- 20' frontage
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 261 Bowery , New York, NY 10002
| Property Type | Retail | Gross Leasable Area | 4,899 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 1910 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 4,899 SF |
| Year Built | 1910 |
About the Property
261 Bowery is situated in the heart of picturesque Nolita, a charming, upscale area with a trendy vibe. This former restaurant space is perfect for existing or startup businesses, looking for a hip location with a unique vibe. Although it is on the smaller side compared to Manhattan’s other sprawling neighborhoods, NoLita is bursting with history, character and things to do, making it a must-visit neighborhood in New York City. NoLita is known for its chic shopping scene, and has plenty of designer jewelry shops, unique clothing boutiques and home-design stores. Fashionably casual crowds stroll the neighborhood and fill the popular sidewalk cafes, chic bars and trendy restaurants. On weekends, street vendors selling hand-made jewelry and artwork line Prince Street.
- Bus Line
- Metro/Subway
- Restaurant
Nearby Major Retailers
![[solidcore]](https://images1.loopnet.com/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
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261 Bowery
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