MLS#941016
STATUSActive
PROPERTY TYPECommercial - Multiple
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.
Property Features
Property Type: Commercial - Multiple
Basement: Yes
Basement: Finished
Cooling: Ductless, Wall/Window Unit(s)
Heating: Steam
Lot Size: 0.11 Acres
Stories: 3.0
Taxes: $153,702
Year Built: 1910
Feature Descriptions
Building Area Total: 16657
Building Features: Walk Up
Business Type: Deli/Catering, Grocery, Residential, Restaurant
Cap Rate: 4
Days on Site: 118
Exterior: Brick, Frame
Lot Features: Corner Lot, Near Public Transit
On Market Date: 2025-12-03
Parcel Number: 0420-0070
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Utilities: Electricity Connected, Sewer Connected, Trash Collection Public, Water Connected
Water: Public
Listed By / Shown By
Listing By
Agency Name: United Real Estate Fortune
Agency Contact: 516-990-8888
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
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50 Delancey Street | MLS# 941016
This commercial property located at 50 Delancey Street, New York, NY 10002 is currently listed for sale with an asking price of $22,000,000. Search New York real estate on www.coldwellbankerchoice.com today.