Building Details

Year Built 1915

Stories 1

Listing Agency: Highcap Group

Listed By: Rodney Nassimian · License #NY 10401307375

Source: Crexi

Added: Mar 17 Changed: Aug 10 Last Checked: Aug 24 at 3:31AM

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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 Highcap Group

Investment Insights

Based on property information with market context.

The property at 55 Pitt Street, New York, NY, is a one-story retail building offered vacant as a development opportunity. Located in the Lower East Side neighborhood of Manhattan, the property includes a 2,118 square feet lot. The site allows for up to 12,750 buildable square feet as of right, presenting development potential.

Key Highlights

• Prime Lower East Side location in Manhattan.
• Significant development potential with 12,750 buildable square feet as of right.
• Vacant one‑story retail building, ready for immediate development or repurposing.**

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Nursing Home Pet Grooming Service (Bike/Boat/Book/etc) Store Buffet Restaurant Clothing & Fashion Store

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

Location Intelligence

Trade Area within ½ mile

10,465

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

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - Vacant lot with development potential in Lower East Side.

Where is this commercial land located?

The property is located at 55 Pitt St New York, NY.

What is the asking price?

The asking price for this property is $1,850,000.

What are key features of this property?

This property features: Prime Lower East Side location in Manhattan.; Significant development potential with **12,750 buildable square feet as of right.**; Vacant one‑story retail building, ready for immediate development or repurposing.**