48 Allen St - Loft/Creative Space CONDO FOR SALE


New York, NY 10002- Lower East Side
$1,250,000-$2,250,000 USD
212-254-1600
48 Allen St, New York, NY for Sale
$1,250,000-$2,250,000 USD
Loft/Creative Space CONDO - FOR SALE
1/15
925-1,070 SF | Request Cap Rate

48 Allen St
New York, NY 10002
Lower East Side


HIGHLIGHTS

  • Stable cashflow asset with built-in upside for investoras - Great opportunity for a User to secure a long-term location avoiding rising rents.

OVERVIEW

Property Highlights: Dual frontage on Orchard and Allen Streets Elevator to lower level (ADA access) 100% occupied with Gross Annual Income of $249,000 Both Leases expire in May 2027 Located in one of Manhattan's most dynamic and evolving retail corridors

FOR SALE DETAILS

PRICE

$1,250,000-$2,250,000 USD

CAP RATE

Request Cap Rate

# OF UNITS

2

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

1,995 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

C6-2, New York

APN/PARCEL ID

0308-0023

ASK ABOUT THIS PROPERTY

Peter CarilloHKS Real Estate Advisors LLCMore Info
212-254-1600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Peter CarilloHKS Real Estate Advisors LLCMore Info
212-254-1600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.