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$22,000,000
Est. payment /mo
UPDATED:
Key Details
Property Type Mixed Use, Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 941016
Rental Info No
Year Built 1910
Annual Tax Amount $153,702
Property Sub-Type Mixed Use
Source onekey2
Property Description
Prime investment opportunity in the heart of Manhattan's Lower East Side! It is a pre-war, 3-story walk-up building with 17 units and approximately 16,657 sf of rentable space over a 5,008 sf lot. Classified as “Predominant Retail with Other Uses (K4),” the property offers street-level commercial spaces combined with residential units above, creating a diverse income stream.
Built in 1910, this well-maintained building retains classic pre-war character while offering long-term value potential. Ideal for investors seeking stable cash flow in a highly walkable, transit-accessible neighborhood with proximity to multiple subway lines and the vibrant Lower East Side amenities.
Recent permit history indicates ongoing maintenance and updates, supporting continued tenant satisfaction and operational stability. With a prime location, solid structural condition, and multi-use potential, this property represents a rare chance to own a versatile Manhattan investment with both retail and residential upside.
Built in 1910, this well-maintained building retains classic pre-war character while offering long-term value potential. Ideal for investors seeking stable cash flow in a highly walkable, transit-accessible neighborhood with proximity to multiple subway lines and the vibrant Lower East Side amenities.
Recent permit history indicates ongoing maintenance and updates, supporting continued tenant satisfaction and operational stability. With a prime location, solid structural condition, and multi-use potential, this property represents a rare chance to own a versatile Manhattan investment with both retail and residential upside.
Location
State NY
County New York (manhattan)
Rooms
Basement Finished
Interior
Heating Steam
Cooling Ductless, Wall/Window Unit(s)
Fireplace No
Exterior
Utilities Available Electricity Connected, Sewer Connected, Trash Collection Public, Water Connected
Building
Lot Description Corner Lot, Near Public Transit
Story 3
Sewer Public Sewer
Water Public
Structure Type Brick,Frame
Others
Special Listing Condition None
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Listed by United Real Estate Fortune • Fang Quan He
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716