114 Stanton StNew York, NY 10002
- Mixed-use properties
- 8,052 SF
Property Details for 114 Stanton St
- Year built
- 1900
- Lot size
- 0.04 AC
- Property size (Sq ft)
- 8,052 SF
- Zone code
- C44A
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- 00412-0075
- APU
- 4120075
Description
This exceptional mixed-use property at 114 Stanton Street, New York, NY 10002, presents a compelling value-add investment opportunity. The six-story, 8,052-square-foot brick building boasts a prime location between Ludlow and Essex Streets in the vibrant Lower East Side. The property features five residential units and ground-floor retail space currently occupied by a premier retailer with 22 feet of street frontage. One residential unit is available vacant upon closing. Built in 1900 and renovated in 2015, the building is zoned C4-4A and offers a strong occupancy rate of 100%. Its strategic location provides easy access to the Delancey Street subway station (F, M, J, and Z lines), ensuring convenient transportation for residents and customers. The surrounding area offers a wealth of dining, entertainment, and nightlife options, further enhancing the property's appeal and potential for strong rental income. The asking price is $4,650,000, translating to $577.50 per square foot. This presents a rare chance to acquire a well-positioned mixed-use asset in a highly sought-after New York City neighborhood.
Location Insight
- City
- New York
- County
- New York
- State
- New York
- Latitude
- 40.7212
- Longitude
- -73.9872
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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