18 Orchard StNew York, NY 10002

For Sale
$3,600,000
NYC Retail Condo, 1,800 SF, $3.6M

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional commercial condominium at 18 Orchard Street in New York City's vibrant Lower East Side presents a unique investment opportunity. The property boasts a total of 3,800 square feet, encompassing 1,800 square feet of ground floor retail space, a 400 square foot mezzanine, and a 2,000 square foot basement. The ground floor features impressive 14'9" ceiling heights, creating a spacious and inviting atmosphere for retail operations. The basement offers 8'7" ceiling heights, providing ample storage or additional functional space. The property is zoned C6-2, allowing for a variety of retail uses. Located in a rapidly growing area of Manhattan, this storefront is ideal for owner-occupancy or for an investor seeking to capitalize on the area's increasing retail demand. The asking price is $3,600,000, translating to $947.37 per square foot of net rentable area. This presents a compelling opportunity to acquire a well-situated retail space in a prime Manhattan location with significant potential for future appreciation. The property consists of one unit. The building's strategic location offers excellent visibility and accessibility, making it an attractive proposition for a wide range of retail businesses. This is a rare chance to own a piece of New York City's dynamic retail landscape.

Highlights

  • $3,600,000 asking price for this 1,800 SF retail storefront.
  • Located at 18 Orchard St, New York, NY 10002.
  • 3,800 total square feet, including 1,800 SF net rentable space.
  • $947.37 price per square foot.
  • C6-2 zoning.

Property Details for 18 Orchard St

Property type
Retail properties, Retail space
Square Feet
3,800 SF
Units
1

Location Insight

City
New York
County
New York
State
New York
Latitude
40.7152382
Longitude
-73.9915198
18 Orchard St, New York, New York

FAQs

What type of property is this?
Retail property - NYC Retail Condo, 1,800 SF, $3.6M
Where is the retail property located?
The property is located at 18 Orchard St New York, NY.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: $3,600,000 asking price for this 1,800 SF retail storefront.; Located at 18 Orchard St, New York, NY 10002.; 3,800 total square feet, including 1,800 SF net rentable space.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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18 Orchard St
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