Office Condo
2 Allen Street #6A New York New York, NY 10002
2 Allen Street #6A New York, New York, NY, 10002
$749,000
For Sale
$749,000
An approximately 736 sq ft office condo suited for professional and medical uses.
Property Size736 SF
Price / SF$1,017
Days on Market8
Property Features for 2 Allen Street #6A New York
General Information
- Standard status
- Active
- Size
- 736 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2011
Listing agency
Chous Realty Group Inc
(917) 270-7082
Listed by
Rui Feng Jin
(917) 270-7082
Source
Cohenandcohenrealty
Added: Jul 15 Updated: Jul 22 at 2:38AM Checked: Jul 22 at 2:38AM
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 Chous Realty Group Inc
Investment Insights
Based on property information with market context.
This offering presents a large office condo unit in a multi-unit building, with approximately 736 square feet of space. The unit is presented for professional office use and is described as a good fit for a doctor’s office, dental practice, accountant, or law office.
The property is located at 2 Allen Street #6A in Manhattan near the center of Chinatown, with public transit access noted as about a 3-minute walk to the East Broadway subway station.
The listing is positioned as a must-see office condo option for buyers seeking a manageable, move-in-ready professional space within a dense downtown setting.
The property is located at 2 Allen Street #6A in Manhattan near the center of Chinatown, with public transit access noted as about a 3-minute walk to the East Broadway subway station.
The listing is positioned as a must-see office condo option for buyers seeking a manageable, move-in-ready professional space within a dense downtown setting.
Key Highlights
- Approximately 736 sq ft office condo unit
- Built in 2011
- Located at 2 Allen St in the center of Chinatown
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $48.6k | $66.00 |
| − Vacancy | −$3.9k | −$5.28 |
| EGI | $44.7k | $60.72 |
| − OpEx | −$17.9k | −$24.29 |
| NOI | $26.8k | $36.43 |
736 SF · lease $66.00/SF/yr · vacancy 8.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$383.1K
$335.2K – $446.9K
NOI $26,814 @ 7.0% cap · market cap 3.58%
Second Best
Office B
$336.9K
$294.8K – $393.1K
NOI $23,586 @ 7.0% cap · market cap 3.15%
Theoretical Best
Specialty Retail
$1.83M
$1.60M – $2.14M
NOI $128,241 @ 7.0% cap · market cap 17.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - An approximately 736 sq ft office condo suited for professional and medical uses.
Where is this office units located?
The property is located at 2 Allen Street #6A New York New York, NY.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Approximately 736 sq ft office condo unit; Built in 2011; Located at 2 Allen St in the center of Chinatown
