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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.

Features
Heating System:
Steam
Cooling System:
Wall/window Unit(s), Ductless
Basement:
Finished
Lot Features:
Near Public Transit, Corner Lot
Sewer:
Public Sewer
Utilities:
Trash Collection Public, Electricity Connected, Water Connected, Sewer Connected
Address Map
City:
NY
State:
NY
County:
New York (Manhattan)
Directions:
Please follow the guide of google map or other GPS service to drive or take public transportation.
Property and Construction
Development Status:
Brick, Frame
Agent MlsId:
165350
Office MlsId:
BTR02
Special Listing Conditions:
No
Stories Total:
3
Tax Annual Amount:
$153,702
Water Source:
Public
Zoning:
C6-2A
PhotosCount:
1

Commercial Sale For Sale

50 Delancey Street, New York, NY

5,008 Acre
$22,000,000
Listing ID #941016
Basic Details
Property Type :
Commercial Sale
Property SubType :
Mixed Use
Listing ID :
941016
Price :
$22,000,000
Bathrooms Total :
0
Building Area :
16,657 Sqft
Lot Area :
5,008 Acre
Year Built :
1910
Status :
Active
Status :
Active
Listing Office :
United Real Estate Fortune
Listing Agent :
Fang Quan He
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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