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114 Stanton St New York, NY 10002

For Sale
$4,650,000

Prime Lower East Side retail & residential

Property size:
8,052 SF

Description

Added:
Dec 11, 2024
Days on Market:
370
This exceptional mixed-use property at 114 Stanton Street, New York, NY 10002, presents a compelling value-add investment opportunity. The six-story, 8,052-square-foot brick building boasts a prime location between Ludlow and Essex Streets in the vibrant Lower East Side. The property features five residential units and ground-floor retail space currently occupied by a premier retailer with 22 feet of street frontage. One residential unit is available vacant upon closing. Built in 1900 and renovated in 2015, the building is zoned C4-4A and offers a strong occupancy rate of 100%. Its strategic location provides easy access to the Delancey Street subway station (F, M, J, and Z lines), ensuring convenient transportation for residents and customers. The surrounding area offers a wealth of dining, entertainment, and nightlife options, further enhancing the property's appeal and potential for strong rental income. The asking price is $4,650,000, translating to $577.50 per square foot. This presents a rare chance to acquire a well-positioned mixed-use asset in a highly sought-after New York City neighborhood.

Property Features for 114 Stanton St

General Information

Property type
Multifamily properties
Square Feet
8,052 SF

Building Details

Year Built/Renovated
1900/2015
Buildings
1
Stories
6
Units
6

HighLights

  • Exceptional value‑add mixed‑use investment opportunity in the Lower East Side.
  • Prime retail space with 22' of street frontage currently occupied.
  • Five residential units, one vacant at closing; 100% occupancy otherwise.
  • Conveniently located near Delancey Street subway (F, M, J, Z lines).
Property Profile Insight Report Location Intelligence

Current Use by Public Records

District One Shoe Store

Suggested Use

Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
New York
County
New York
State
New York
Longitude
-73.987211161992
Latitude
40.721074531203

FAQs

What type of property is this?
Multifamily property - Prime Lower East Side retail & residential
Where is this multifamily property located?
The property is located at 114 Stanton St New York, NY.
What is the asking price?
The asking price for this property is $4,650,000.
What are key features of this property?
This property features: Exceptional value-add mixed-use investment opportunity in the Lower East Side.; Prime retail space with 22' of street frontage currently occupied.; Five residential units, one vacant at closing; 100% occupancy otherwise.
More about this property
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