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56 E 4th St

Bowery, New York, NY
Floors
5
Total Size
9,500 sqft
Lot Size
0 acres
Year Constructed
1920
Year Renovated
0
Number of Buildings
1

About 56 E 4th St

The 5-story corner building at 56 East 4th Street in New York was constructed in 1920 and comprises of 22 apartments and commercial ground floor space. Professionals hoping to rent office space that boasts excellent local demographics and good foot traffic will want to see this property.

56 East 4th Street in New York is managed by Valerio Orselli of Cooper Square Mutual Housing Association. Offering retailers a charming storefront close to multiple new residential developments, this property is a great opportunity in a neighborhood that has seen growing retail demand in recent years.

The walk-down space at 56 East 4th Street features ca. 8' of highly visible frontage and the landlords will consider all uses. Situated between 2nd Avenue and 8th Street in New York's vibrant East Village, the property provides commuters with easy access to subway lines 4, 6 and 6X at Bleecker Street and F at 2nd Avenue.

Local tenants include The Red Room Bar, The Lobby Bar and acclaimed Gemma Restaurant at The Bowery Hotel, Odd Fellows Icecream Co., KGB Bar and FAB Cafe.

The welcoming red brick facade at 56 East 4th Street in New York is topped by an overhanging cornice and dentils.

Internet Providers for 56 E 4th St

Provider Technology Max Download Speed Max Upload Speed
Time Warner Cable Cable
100 Mb/s
6 Mb/s
MegaPath DSL
50 Mb/s
50 Mb/s
Verizon New York DSL
10 Mb/s
1.5 Mb/s

The Neighborhood: Bowery

The typical asking rate per listing is in the $80's per square foot per year. The Bowery submarket is going through a a boost in rates. In the last 3 months, the median rate increased $85 per sqft per year. That's a Inf% increase in rent.

Compared to the rest of the New York City market, the Bowery submarket has greater rates, and you'll need to make a great offer to be in this hot region.

Median Rate Median Size
Bowery $85
/sqft/yr
3,000
sqft
Median Rate Median Size
New York City $66
/sqft/yr
3,370
sqft

Median Rate over Time in Bowery