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223-227 Grand St 2,200 SF of Retail Space Available in New York, NY 10013
Highlights
- heavy daytime traffic
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| Lower Level | 2,200 SF | 11’ | Negotiable | $55.34 CAD/SF/YR $4.61 CAD/SF/MO $121,752 CAD/YR $10,146 CAD/MO | Modified Gross |
Lower Level
- Listed rate may not include certain utilities, building services and property expenses
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
- Security System
- Closed Circuit Television Monitoring (CCTV)
- After Hours HVAC Available
- Finished Ceilings: 11’
- Basement
- Hardwood Floors
- Smoke Detector
- Wheelchair Accessible
- Fully renovated and built out
- Elevator
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
| Total Space Available | 2,200 SF | Gross Leasable Area | 20,120 SF |
| Property Type | Retail | Year Built/Renovated | 1920/2017 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 2,200 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 20,120 SF |
| Year Built/Renovated | 1920/2017 |
About the Property
Asking only $7,400 a month! Oxford Property Group has been retained exclusively to represent 225 Grand Street - a 2,200 Square Feet lower level retail space. The space featuresrecessed lighting, wooden floors and a decent sized frontage on Grand Street. Retailers will enjoy the foot traffic from the two pharmacies along with Fox & Jane Hair Salon. Located in the heart of Manhattan’s NoLiTa, retailers will enjoy the heavily dense foot traffic and tourist surroundings from Little Italy, SoHo and the Lower East Side. The property is just a block away from the B, D, J, Z and 6 Trains and just steps away from most of Little Italy’s tourist attractions, restaurants and bars. Across the Street there is the Noble Den Hotel, the Wyndam Garden Hotel, El Capitale Gala Event Space and the world famous century old Ferrara’s Bakery!
Nearby Major Retailers
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223-227 Grand St
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