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65 Cooper Sq
New York, NY 10003
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Vibrant Lower Manhattan Location
- New Chobani Headquarters @ 360 Bowery
- Major University Hub
- Food, Drink & Culture - Surrounded by Manhattan's most innovative restaurants, bars, and cultural institutions
PROPERTY FACTS
| Total Building Size | 30,340 SF | Floors | 6 |
| Property Type | Multifamily | Typical Floor Size | 5,057 SF |
| Property Subtype | Apartment | Year Built | 1984 |
| Building Class | B | Lot Size | 0.12 AC |
| Zoning | C6-1 | ||
| Total Building Size | 30,340 SF |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 6 |
| Typical Floor Size | 5,057 SF |
| Year Built | 1984 |
| Lot Size | 0.12 AC |
| Zoning | C6-1 |
3 UNITS AVAILABLE
Unit 1
| Unit Size | 1,800 SF | Sale Type | Investment |
| Condo Use | Retail | Cap Rate | 6.12% |
| Unit Size | 1,800 SF |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 6.12% |
DESCRIPTION
Mr. Keke Ramen - A manhattan location for the popular regional chain, offeering modern Japanese cuisine and tech-forwarded service. Underwent a full buildout before opening in 2024
SALE NOTES
Ariel Property Advisors presents the retail condominium at 65 Cooper Square (the “Unit”), located on Cooper Square between East 7th Street and the bustling St. Marks Place. The Unit, which is currently split into 3 stores, is situated on the ground of a 6-story building that contains 36 residential condominiums. It encompasses 4,200 sq. ft. at grade plus basements.
Located between Cooper Union and St. Johns Manhattan Campus, and surrounded by nearby NYU campus facilities, 65 Cooper Square enjoys heavy foot traffic from its densely populated, tourist friendly and transportation abundant location.
All three stores are currently occupied by established, highly regarded operators with staggered lease expiration dates ranging between 2033 and the end of 2034.
Unit 2
| Unit Size | 1,200 SF | Sale Type | Investment |
| Condo Use | Retail | Cap Rate | 6.12% |
| Unit Size | 1,200 SF |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 6.12% |
DESCRIPTION
Hani's Bakery Cafe - Run by a James Beard Award-winning pastry chef and Grocery Tavern alum, this acclaimed bakery has drawn rave reviews, including it "life-changing" peanut butter & jelly sandwich according to the New York Posts' Steve Cuozzo
SALE NOTES
Ariel Property Advisors presents the retail condominium at 65 Cooper Square (the “Unit”), located on Cooper Square between East 7th Street and the bustling St. Marks Place. The Unit, which is currently split into 3 stores, is situated on the ground of a 6-story building that contains 36 residential condominiums. It encompasses 4,200 sq. ft. at grade plus basements.
Located between Cooper Union and St. Johns Manhattan Campus, and surrounded by nearby NYU campus facilities, 65 Cooper Square enjoys heavy foot traffic from its densely populated, tourist friendly and transportation abundant location.
All three stores are currently occupied by established, highly regarded operators with staggered lease expiration dates ranging between 2033 and the end of 2034.
Unit 3
| Unit Size | 1,200 SF | Sale Type | Investment |
| Condo Use | Retail | Cap Rate | 6.12% |
| Unit Size | 1,200 SF |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 6.12% |
DESCRIPTION
Moge Tee - This is the East Village outpost for this global bubble tea brand with 380 locations worldwide, including, 20 in New York State alone.
SALE NOTES
Ariel Property Advisors presents the retail condominium at 65 Cooper Square (the “Unit”), located on Cooper Square between East 7th Street and the bustling St. Marks Place. The Unit, which is currently split into 3 stores, is situated on the ground of a 6-story building that contains 36 residential condominiums. It encompasses 4,200 sq. ft. at grade plus basements.
Located between Cooper Union and St. Johns Manhattan Campus, and surrounded by nearby NYU campus facilities, 65 Cooper Square enjoys heavy foot traffic from its densely populated, tourist friendly and transportation abundant location.
All three stores are currently occupied by established, highly regarded operators with staggered lease expiration dates ranging between 2033 and the end of 2034.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 36 | - | - |
