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18 Orchard St - RETAIL CONDO

3,800 SF Office/Retail Condo Unit Offered at $3,600,000 in New York, NY 10002

Investment Highlights

  • Delivered vacant at closing.
  • 14' 9" tin ceilings on ground floor.
  • Elevator servicing ground and basement (shared).

Executive Summary

Lee & Associates NYC is pleased to exclusively present for sale the commercial condominium located at 18 Orchard Street, New York, NY (the “Property”). Spanning approximately 1,800 square feet, plus a 2,000 square foot basement, the Property features 14’9” ceilings heights at grade and 8’7” ceiling heights in the basement. The Property is ideal for owner-occupancy and also provides the opportunity for an investor to implement a capital improvement plan to achieve greater rents while benefiting from continued retail growth in this submarket of Manhattan.

Data Room Click Here to Access

Property Facts

Price $3,600,000
Unit Size 3,800 SF
No. Units 1
Total Building Size 9,867 SF
Property Type
Office (Condo)
  • Flex Showroom
  • General Retail Storefront
  • General Retail Storefront Retail/Office
Sale Type Investment or Owner User
Building Class C
Floors 5
Typical Floor Size 1,973 SF
Year Built 1920
Lot Size 0.05 AC

1 Unit Available

Unit 1

Unit Size 3,800 SF
Price $3,600,000
Price Per SF $947.37
Condo Use Office/Retail
Sale Type Investment or Owner User
Description

Lee & Associates NYC is pleased to exclusively present for sale the commercial condominium located at 18 Orchard Street, New York, NY (the “Property”). Spanning approximately 1,800 square feet, plus a 2,000 square foot basement, the Property features 14’9” ceilings heights at grade and 8’7” ceiling heights in the basement. The Property is ideal for owner-occupancy and also provides the opportunity for an investor to implement a capital improvement plan to achieve greater rents while benefiting from continued retail growth in this submarket of Manhattan.

Sale Notes

Delivered vacant at closing.
Elevator to ground floor and basement (shared).
1,800 SF ground floor (14' 9" ceilings).
400 SF mezz floor (7'".
2,000 SF basement (8' 7").
Minimal restricted uses.

Walk Score ®
Walker's Paradise (100)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Biker's Paradise (96)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Amenities

  • Air Conditioning

zoning

Zoning Code C62, New York (Permit a Wide Range of High-Bulk Commercial Uses Requiring a Central Location)
C62, New York (Permit a Wide Range of High-Bulk Commercial Uses Requiring a Central Location)
  • Listing ID: 31281023

  • Date on Market: 3/20/2024

  • Last Updated:

  • Address: 18 Orchard St, New York, NY 10002

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