Mixed-Use Building with
For Sale
Contact for pricing
Pending
32 Orchard Street, New York, NY 10002
Three-story building with ground-floor retail and two renovated residential apartments.
Property Size9,800 SF
Days on Market119
Property Features for 32 Orchard Street
General Information
Standard status
Pending
Size
9,800 SF
Property subtype
Retail, Multifamily, Mixed Use
Additional Details
Multifamily Units
2
Building Details
Stories
3
Tenancy
Multi
Listing Agency:
Douglas Elliman Real Estate New York City
(212) 891-7684
Listed By:
Carter McHyman · License #NY 10301203065
Source:
Crexi
Added: Apr 10
Changed: Jul 22
Last Checked: Aug 5 at 12:26PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Douglas Elliman Real Estate New York City
Investment Insights
Based on property information with market context.
This three-story, approximately 25-foot-wide mixed-use building is currently configured with ground-floor commercial space and two renovated residential apartments. The property is described as having approximately 5,600 square feet and is set up as a ground-floor retail space of about 3,000 square feet, along with two residential units totaling approximately 1,600 square feet each. The seller states the residential units generate $5,263 and $5,000 per month for $10,263 total, and the ground-floor commercial space generates about $12,500.
The remarks note the potential to add additional floors (4th and 5th) and a roof deck. Taxes are currently listed as $60,000 annually, with the possibility of being split 50/50 with a future commercial tenant.
The building is located at 32 Orchard Street, New York, NY 10002, on Orchard Street within an area described as undergoing new development including hotels, condominiums, restaurants, and boutiques.
The remarks note the potential to add additional floors (4th and 5th) and a roof deck. Taxes are currently listed as $60,000 annually, with the possibility of being split 50/50 with a future commercial tenant.
The building is located at 32 Orchard Street, New York, NY 10002, on Orchard Street within an area described as undergoing new development including hotels, condominiums, restaurants, and boutiques.
Key Highlights
- Three‑story building (approx. 25 ft wide) with approx. 5,600 SF currently configured as ground‑floor commercial plus two residential apartments
- Ground‑floor commercial space: approx. 3,000 SF with renovated residential units above
- Two renovated residential apartments with reported rents of $5,263 and $5,000 (total $10,263)
Property Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
21,064
Businesses Nearby
Explore this area
Business Placement
Demographics for 10002, NY
82,155
Population
39,646
Households
2.1
Avg Household Size
41
Median Age
39%
College-Educated
71%
High-School Grad
0.8 sq mi
ZIP Area
102,694
Density / Sq Mi
$46,525
Median Household Income
$51,425
Median Earnings
$1,207
Median Rent
$808,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three-story building with ground-floor retail and two renovated residential apartments.
Where is this mixed-use property located?
The property is located at 32 Orchard Street New York, NY.
What are key features of this property?
This property features: Three‑story building (approx. 25 ft wide) with approx. 5,600 SF currently configured as ground‑floor commercial plus two residential apartments; Ground‑floor commercial space: approx. 3,000 SF with renovated residential units above; Two renovated residential apartments with reported rents of $5,263 and $5,000 (total $10,263)
