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Duplex Penthouse Income Property
For Sale
$1,800,000

48 ALLEN Street PH, New York City, NY 10002

Two-level residence includes three bedrooms, two full bathrooms, private storage, and a roof deck.

Property Size1,400 SF
Price / SF$1,285
Days on Market12

Property Features for 48 ALLEN Street PH

General Information

Standard status Active
Size 1,400 SF
Property subtype Duplex

Units

Unit Mix 1 x 3BR/2BA
Multifamily Units 1

Additional Details

Public Transit Yes

Amenities

roof deck
private storage
washer/dryer
dishwasher
soaking tub
double vanity
walk-in shower

Building Details

Building Size 1,400 SF
Listing Agency: Douglas Elliman Real Estate
Listed By: Jed Klebanow · License #10401277894
Source: Nobleblackandpartners
Added: Jul 21 Changed: Jul 31 Last Checked: Jul 31 at 10:43AM

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

Investment Insights

Based on property information with market context.

This half-floor duplex penthouse offers 1,400 square feet across two levels, with three bedrooms, two full bathrooms, a roof deck, and private cellar storage. The entry foyer opens to an expansive living and dining room measuring nearly 24 feet in length, with a wall of eastern-facing windows overlooking Allen Street. An open kitchen includes full-size appliances and a dishwasher, while a vented washer/dryer is positioned off the entry. The lower level includes two bedrooms, one with its own full bath. The upper level is dedicated to the primary suite, featuring an oversized bedroom, windowed vestibule, walk-in shower, soaking tub, and double vanity.

Located at 48 Allen Street between Grand and Hester, the property is near the intersection of Chinatown, Dimes Square, and the Bowery corridor. Dimes, Kiki's, Cervo's, Metrograph, and Essex Market are nearby, with the B/D at Grand Street and the F/J/M/Z at Delancey-Essex both within a few blocks.

Key Highlights

  • 1,400 square feet across two levels
  • Three bedrooms and two full bathrooms
  • Private roof deck and dedicated cellar storage room

Property Analytics

Current Use

ANITA GELATO FACTORY Bakery

Suggested Use

Top Pick Nursing Home Pet Grooming Service Buffet Clothing & Fashion Store Adult Day Care Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

25,507
Businesses Nearby

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

Properties on Market for Residential income properties in New York County

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Frequently Asked Questions

What type of property is this?
Residential income property - Two-level residence includes three bedrooms, two full bathrooms, private storage, and a roof deck.
Where is this residential income property located?
The property is located at 48 ALLEN Street PH New York City, NY.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 1,400 square feet across two levels; Three bedrooms and two full bathrooms; Private roof deck and dedicated cellar storage room
More about this property
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