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Randy valverde
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    randyvalverde24@gmail.com
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  • Found It by PGR Real Estate
    1167 Montauk HWY
    Mastic, NY 11950

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    OneKey MLS

    IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

    $22,000,000
    For Sale

    50 Delancey Street

    New York, NY 10002
    16657 sqft | #941016
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    Type:Purchase
    Structure:Commercial
    Zone:Commercial

    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 Details
        • Utility FeaturesElectricity Connected, Sewer Connected, Trash Collection Public, Water Connected
        • Lot DescriptionCorner Lot, Near Public Transit
        • CoolingDuctless, Wall/Window Unit(s)
        • CountyNew York (Manhattan)
        • Sewer InformationPublic Sewer
        • Original List Price$13,800,000
        • Cost22000000.0
        • Property SubtypeMixed Use
        • Parcel Number0420-0070
        • Property TypePurchase
        • Taxes Annual$153,702
        • Square Feet16657.0
        • Utility SourcePublic
        • MLS #941016
        • MLS #941016
        • Property ConditionActual
        • HeatingSteam
        • ZoningC6-2A
        • Year Built1910
        • Days on Market (Cumulative)45
        • Stories3
        • Basement1

    Location

    Legal

    IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

    Last Updated: Today at 1:20 PM. Source: ONEKEY

    Provided By
    Listing Agent: Fang Quan He (#KEY165350)
    Listing Office: United Real Estate Fortune (#KEYBTR02)

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