42 Allen St
New York, NY 10002
Multifamily Property For Sale · 8 Units
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INVESTMENT HIGHLIGHTS
- Premier Corner Location with Abundant Natural Light
- Significant In-Place Cashflow
- Adjacent Essex Crossing and Two Bridges Development
- Global HQ for Growing Venture-Backed Brand
- Exceptional Public Transportation
EXECUTIVE SUMMARY
Colliers has been exclusively retained to market the sale of two commercial condo units at 42 Allen Street in Manhattan, NY (the “Property”) for $2.25 million. 42 Allen Street is an 8-story, mixed-use building featuring 8 residential units and 3 commercial units. The Property consists of a ~2,000 square foot second-floor commercial condo unit and a ~700 square foot ground-floor commercial condo unit. Both units are currently leased to PINGPOD through 2030. Ideally located on the northeast corner of Allen Street and Hester Street, the Property sits in the heart of the bustling Lower East Side. The Property benefits from high foot traffic and close proximity to three separate subway stations, offering easy access to the B/D/F/M and J/Z subway lines.
PROPERTY FACTS
No. Units | 8 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Mid Rise |
Building Class | B |
Lot Size | 0.05 AC |
Building Size | 14,348 SF |
No. Stories | 8 |
Year Built | 2017 |
APN / Parcel ID | 0308-1005 |
AMENITIES
UNIT AMENITIES
- Kitchen
- Tub/Shower
SITE AMENITIES
- Storage Space
- Elevator
ZONING
Zoning Code | C6-2 (a general central commercial zoning district that allows for a variety of uses, including) |
Listing ID: 25699789
Date on Market: 5/13/2022
Last Updated:
Address: 42 Allen St, New York, NY 10002
The Lower East Side Multifamily Property at 42 Allen St, New York, NY 10002 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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