Mixed-Use Building with Air
For Sale
Contact for pricing
249 East Houston Street, New York, NY 10003
Five-unit property combining residential occupancy, commercial space, and backyard access in Manhattan’s Lower East Side.
Property Size3,200 SF
Price / SF$1,328
Days on Market64
Property Features for 249 East Houston Street
General Information
Standard status
Active
Size
3,200 SF
Property subtype
Multifamily, Office, Mixed Use
Zoning
R8A
Occupancy
100%
Investment Type
Value Add
Net Operating Income
$216,749
Site & Location
Road Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
5
Amenities
backyard
Building Details
Buildings
1
Stories
3
Units
5
Tenancy
Multi
Listing Agency:
Cushman & Wakefield New York
(212) 660-7743
Listed By:
Michael Gembecki · License #NY 10401227340
Source:
Crexi
Added: Jun 29
Changed: Aug 30
Last Checked: Aug 30 at 2:50PM
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 Cushman & Wakefield New York
Investment Insights
Based on property information with market context.
This mixed-use building contains 5 units within 3,200 square feet and includes commercial space plus a backyard reached from the parlor level. All units are 100% free market. The property carries R8A zoning and Tax Class 2A designation, with approximately 5,300 square feet of additional air rights for potential vertical expansion.
Located at 249 East Houston Street between Norfolk and Suffolk Streets, the building is near Essex Market, Katz’s Deli, Essex Crossing, the Tenement Museum, and the Delancey-Essex transit hub. The F, M, J, and Z subway lines are within walking distance, with access to SoHo, the East Village, Chinatown, and the Williamsburg Bridge.
Located at 249 East Houston Street between Norfolk and Suffolk Streets, the building is near Essex Market, Katz’s Deli, Essex Crossing, the Tenement Museum, and the Delancey-Essex transit hub. The F, M, J, and Z subway lines are within walking distance, with access to SoHo, the East Village, Chinatown, and the Williamsburg Bridge.
Key Highlights
- Mixed‑use building with 5 units and 3,200 square feet
- 100% free‑market occupancy
- Approximately 5,300 square feet of additional air rights
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
21,552
Businesses Nearby
Explore this area
Business Placement
Demographics for 10003, NY
57,076
Population
30,730
Households
1.9
Avg Household Size
32
Median Age
82%
College-Educated
96%
High-School Grad
0.6 sq mi
ZIP Area
95,127
Density / Sq Mi
$153,750
Median Household Income
$82,560
Median Earnings
$2,772
Median Rent
$1,137,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Five-unit property combining residential occupancy, commercial space, and backyard access in Manhattan’s Lower East Side.
Where is this mixed-use property located?
The property is located at 249 East Houston Street New York, NY.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: Mixed‑use building with 5 units and 3,200 square feet; 100% free‑market occupancy; Approximately 5,300 square feet of additional air rights
