Listed by Lee & Associates - New York
$3,600,000
18 Orchard Street Retail Condo
Details
Property Type Retail
Sub Type Storefront
Square Footage 9,373
Tenancy Vacant
Year Built 1920
Prime retail condo delivered vacant in the heart of Lower East Side
Marketing description
Lee & Associates NYC is pleased to exclusively present for sale the commercial condominium located at 18 Orchard Street, New York, NY (the “Property”). Spanning approximately 1,800 square feet, plus a 2,000 square foot basement, the Property features 14’9” ceilings heights at grade and 8’7” ceiling heights in the basement. The Property is ideal for owner-occupancy and also provides the opportunity for an investor to implement a capital improvement plan to achieve greater rents while benefiting from continued retail growth in this submarket of Manhattan.
Location Description
Canal Street and Orchard Street
Investment highlights
- Delivered vacant at closing.
- Elevator to ground floor and basement (shared).
- 1,800 SF ground floor (14' 9" ceilings).
- 400 SF mezz floor (7'".
- 2,000 SF basement (8' 7").
- Minimal restricted uses.
Listing Contacts
Listed by Lee & Associates - New York
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