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.
Electricity Connected, Sewer Connected, Trash Collection Public, Water Connected
SEWER
Public Sewer
WATER SOURCE
Public
Year Built
1910
Basement
Finished
Lot Features
Corner Lot, Near Public Transit
CITY
New York (Manhattan)
COUNTY
New York (Manhattan)
STATE
NY
TAX AMOUNT
153702.0
LATEST UPDATE
2026-05-28T16:03:06.187Z
DAYS ON MARKET
176
PRICE CHANGE(S)
$13,800,000 Dec 3, 2025
$22,000,000 Dec 8, 2025
$13,700,000 May 5, 2026
CUMULATIVE DAYS ON MARKET
176
Property Details
Property TypeCommercial
StatusActive
Property Sub TypeMixed Use
MLS #941016
HeatingSteam
CoolingDuctless, Wall/Window Unit(s)
Utility FeaturesElectricity Connected, Sewer Connected, Trash Collection Public, Water Connected
SEWERPublic Sewer
WATER SOURCEPublic
Year Built1910
BasementFinished
Lot FeaturesCorner Lot, Near Public Transit
CITYNew York (Manhattan)
COUNTYNew York (Manhattan)
STATENY
TAX AMOUNT153702.0
LATEST UPDATE2026-05-28T16:03:06.187Z
DAYS ON MARKET176
PRICE CHANGE(S)
$13,800,000 Dec 3, 2025
$22,000,000 Dec 8, 2025
$13,700,000 May 5, 2026
CUMULATIVE DAYS ON MARKET176
Market Trends
New Properties On Market
3
40%
Decrease In New Listings
Average Asking Price
$3,036,333
$1,926,734 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$10,121
$8731 Increase In List Price/Sq. Ft.
Average Days On Market
7
7 Day
Decrease In Days On Market
Data as of Jun 04, 2026.
Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.
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