This exceptional 20,000 square foot multi-tenant property, located at 55 Delancey Street, New York, NY 10002, presents a unique investment opportunity in the vibrant Lower East Side (LES) submarket of Downtown Manhattan. Situated on a high-traffic corner at the intersection of Delancey Street and Eldridge Street, this property offers versatile space ideal for a variety of uses. Currently configured as a medical office, the building's zoning allows for retail, office, and restaurant uses. One immediately available space of 925 square feet is currently available. Additionally, a nearly 1,500 square foot basement space, previously used as a shop, is also available. This space offers significant potential for expansion, with the possibility of combining it with an adjacent inline space for a total of approximately 1,684 square feet, plus the basement. The property's location, just blocks from Essex Crossing, makes it highly desirable for a wide range of businesses, including retail, salons, medical practices, fitness centers, non-vented food establishments, and financial services. Possession can be arranged with 30-60 days' notice. All uses are considered, including those requiring ventilation.
Highlights
High-visibility corner lot with excellent street frontage on a two-way road leading to the Williamsburg Bridge.
Retail property - Prime Lower East Side location, multiple uses.
Where is the retail property located?
The property is located at 55 Delancey St New York, NY.
What is the lease rate?
The lease rate is $150/SF/YR.
What are key features of this property?
This property features: High-visibility corner lot with excellent street frontage on a two-way road leading to the Williamsburg Bridge.; ;
How can I contact the broker?
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Contacts
Jeffrey Angel
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Delancey St New York, NY 10002
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Delancey St New York, NY 10002
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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55 Delancey St
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