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 residential 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.

Property Features