18 Orchard StNew York, NY 10002

For Sale
$3,600,000 View listing
  • Retail properties
  • 3,800 SF

Property Details for 18 Orchard St

Property size (Sq ft)
3,800 SF
Property type
Retail properties
Property subtype
Retail space

Description

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.

18 Orchard St, New York, New York

Location Insight

City
New York
County
New York
State
New York
Latitude
40.7152
Longitude
-73.9915

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