32 Orchard St - Lower East Side, New York

        

 

32 Orchard St - Lower East Side, New York

 

Welcome to the NEW LOWER EAST SIDE in between Brand New Hi End Hotel's, New Condominiums, Fantastic, hip, new restaurants and boutiquesImagine a Brand New fabulous Elevated Mansion, 3 floors, appr, 25 ft wide. and approximately 5600 sq ft., Possible 4 & 5th floor.with roof deck. Currently configured as Ground floor Commercial space 3,000SF and 2 renovated residential apartments of approximately 1,600 SF. 2 Residential units producing: $5,263.00 and $5,000.00 = $10,263 . Ground Floor Commercial: Approximately $13,500. Total Income: $23,763 . Total Square Footage Possible: 9,800 . Taxes are currently $60,000 annually but can be split 50/50 with future Commercial Tenant. Price Per Square Foot at $10,000,000 acquisition cost: $912.00 PSF. Price for new construction on Orchard Street $2,100PSF (196 Orchard Street.)

 

This listing courtesy of Douglas Elliman

Property Details:

  • 32 Orchard St - Lower East Side, New York
  • Price: $9,000,000
  • Monthly Real Estate Tax: $5,000
  • Neighborhood: Lower East Side
  • Multi-Family
  • 6 Beds | 6 Baths
  • Approximate Sq. Feet: 11,200
  • Listing ID: 2761444

Area Details:

Your Agent(s)
For Appointment Contact:
Carter McHyman

Carter McHyman

O: 212.891.7691

M: 917.776.7623

F: 646.497.5130

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Louis Eaccarino

Louis Eaccarino

O: 212.891.7000

M: 914.522.3022

F: 646.497.8732

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Sandra Sullivan

Sandra Sullivan

O: 212.891.7684

M: 917.972.7709

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John Barnett

John Barnett

O: 212.702.4050

M: 917.279.3728

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