Pre-War Mixed-Use Walk-Up
50 Delancey Street New York Manhattan, NY 10002
For Sale
$13,700,000
3-story walk-up with street-level retail and 17 residential units above, built in 1910.
Property Size16,657 SF
Lot Size0.11 Acres
Price / SF$822.48
Days on Market239
Property Features for 50 Delancey Street New York
General Information
Standard status
Active
Size
16,657 SF
Lot size
0.11 Acres
Property subtype
Commercial
Building Details
Year Built
1910
Listing Agency:
United Real Estate Fortune
(646) 338-8518
Listed By:
Fang Quan He
(646) 338-8518
Source:
Cohenandcohenrealty
Added: Dec 3, 2025
Changed: Jul 22
Last Checked: Jul 22 at 8:53AM
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 United Real Estate Fortune
Investment Insights
Based on property information with market context.
Located at 50 Delancey Street in Manhattan’s Lower East Side, this pre-war, 3-story walk-up building was constructed in 1910 and includes 17 residential units. The property combines street-level commercial spaces with residential units above, totaling approximately 16,657 square feet of rentable space over a 5,008 square foot lot.
Classified as “Predominant Retail with Other Uses (K4),” the configuration supports mixed-use operations with retail at street level and housing above. The building is described as well-maintained and retains classic pre-war character. Public remarks also note recent permit history indicating ongoing maintenance and updates.
With both retail and residential components, the asset is presented as a versatile income-generating property for long-term ownership.
Classified as “Predominant Retail with Other Uses (K4),” the configuration supports mixed-use operations with retail at street level and housing above. The building is described as well-maintained and retains classic pre-war character. Public remarks also note recent permit history indicating ongoing maintenance and updates.
With both retail and residential components, the asset is presented as a versatile income-generating property for long-term ownership.
Key Highlights
- 3‑story pre‑war walk‑up built in 1910 with street‑level commercial and 17 residential units above
- Approximately 16,657 sf of rentable space on a 5,008 sf lot
- Property classification: Predominant Retail with Other Uses (K4)
Financial Insights For Apartment 5plus
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 | $997.4k | $59.88 |
| − Vacancy | −$46.9k | −$2.81 |
| EGI | $950.5k | $57.07 |
| − OpEx | −$427.7k | −$25.68 |
| NOI | $522.8k | $31.39 |
16,657 SF · lease $59.88/SF/yr · vacancy 4.70% · expense 45.00%
Alternative Uses
Best Use
Retail
$33.78M
$29.55M – $39.41M
NOI $2,364,338 @ 7.0% cap · market cap 17.26%
Second Best
Apartment 5plus
$7.47M
$6.53M – $8.71M
NOI $522,798 @ 7.0% cap · market cap 3.82%
Theoretical Best
Specialty Retail
$41.46M
$36.28M – $48.37M
NOI $2,902,316 @ 7.0% cap · market cap 21.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - 3-story walk-up with street-level retail and 17 residential units above, built in 1910.
Where is this apartment building located?
The property is located at 50 Delancey Street New York Manhattan, NY.
What is the asking price?
The asking price for this property is $13,700,000.
What are key features of this property?
This property features: 3‑story pre‑war walk‑up built in 1910 with street‑level commercial and 17 residential units above; Approximately 16,657 sf of rentable space on a 5,008 sf lot; Property classification: Predominant Retail with Other Uses (K4)
