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242 Broome St
658 - 4,680 SF of 4-Star Retail Space Available in New York, NY 10002
Highlights
- Located within Essex Crossing with over 1,000 new residential units and 350,000 SF of office space
- Situated in the heart of the Lower East Side amongst dense residential, restaurants, nightlife, and authentic New York retailers
Space Availability (2)
Display Rent as
- Space
- Size
- Ceiling
- Term
- Rent
- Service Type
| Space | Size | Ceiling | Term | Rent | Service Type | |
| 1st Floor, Ste 242 Broome | 658 SF | 13 ft | Negotiable | Upon Application Upon Application Upon Application Upon Application | TBD | |
| 1st Floor, Ste 82 Ludlow | 1,154-4,022 SF | 13 ft | Negotiable | Upon Application Upon Application Upon Application Upon Application | TBD |
1st Floor, Ste 242 Broome
Most uses considered
- Finished Ceilings: 13 ft
- Situated at the base of a luxury condo building
1st Floor, Ste 82 Ludlow
Space can be divided. Restaurant uses welcome.
- Finished Ceilings: 13 ft
- Situated at the base of a luxury condo building
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 agent 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 242 Broome St , New York, NY 10002
| Min. Divisible | 658 SF | Gross Internal Area | 137,000 SF |
| Property Type | Retail | Total Land Area | 0.51 AC |
| Property Subtype | Storefront Retail/Office | Year Built | 2018 |
| Min. Divisible | 658 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Internal Area | 137,000 SF |
| Total Land Area | 0.51 AC |
| Year Built | 2018 |
About the Property
West block between Delancey and Broome Streets
- Bus Route
- Public Transport
- Air Conditioning
Nearby Major Retailers
Presented by
242 Broome St
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