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Orchard Street Commercial Condominium
For Sale
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18 Orchard Street, New York, NY 10002

Commercial condominium for sale in Manhattan's Orchard Street.

Property Size4,233 SF
Price / SF$850.46
Days on Market900

Property Features for 18 Orchard Street

General Information

Standard status Active
Size 4,233 SF
Property subtype Retail

Building Details

Year Built 1920
Listing Agency: Lee & Associates - New York
Listed By: Chris Varjan · License #New York
Source: Crexi
Added: Mar 20, 2024 Changed: Aug 22 Last Checked: Sep 4 at 1:44PM

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 Lee & Associates - New York

Investment Insights

Based on property information with market context.

The commercial condominium at 18 Orchard Street, New York, NY, is available for sale. The property includes approximately 1,800 square feet on the ground floor, 400 square feet on the mezzanine level, and a 2,000 square foot basement, totaling 4,233 square feet. Ceiling heights are 14 feet 9 inches on the ground floor and 8 feet 7 inches in the basement. This property is suited for owner-occupancy and offers investors the opportunity to implement a capital improvement plan to increase rents, taking advantage of ongoing retail growth in this Manhattan submarket.

Key Highlights

  • Prime commercial condominium in a growing Manhattan submarket.
  • Suitable for owner‑occupancy or investment with potential for increased rents.
  • Approximately 4,200 square feet across three levels (ground floor, mezzanine, and basement).

Property Analytics

Current Use

Reliance Fire Systems Factory My WordPress Photography Service PCI Networks IT Consulting Firm

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.

Location Intelligence

Trade Area within ½ mile

21,064
Businesses Nearby
27k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 96% Dining 4%
Citibank Shops & Services
15,431 visits/mo 0.3 miles
Manhattan Mini Storage Shops & Services
10,809 visits/mo 0.4 miles
Domino's Pizza Dining
1,000 visits/mo 0.3 miles

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

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Commercial condominium for sale in Manhattan's Orchard Street.
Where is this retail space located?
The property is located at 18 Orchard Street New York, NY.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: Prime commercial condominium in a growing Manhattan submarket.; Suitable for owner‑occupancy or investment with potential for increased rents.; Approximately 4,200 square feet across three levels (ground floor, mezzanine, and basement).
(201) 615-8557 Call to check price and availability
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