120 Orchard St New York, NY 10002
Property profile & analytics
120 Orchard St New York, NY 10002
- Retail residential properties
- 10,600 SF
- 0.05 lot acres
Property ID
US63-0794072
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Retail residential properties
Property Details for 120 Orchard St
- Year built
- 1900
- Lot size
- 0.05 lot acres
- Property size
- 10,600 SF
- Zone code
- C62A
- Property type
- Retail residential properties
- APN
- 00410-0001
- APU
- 4100001
Description
This exceptional retail opportunity is located at 120 Orchard Street in the vibrant Soho submarket of New York City, zip code 10002. The property offers two available spaces, ranging from 1,400 to 2,100 square feet, perfect for a variety of retail uses. Situated in New York County, this location benefits from extremely high foot traffic and is immersed in the energetic nightlife of the Lower East Side's Hell Square. The property's multiple tenancy allows for flexibility and potential for synergistic businesses. This prime location is part of the exciting Essex Crossing developments, ensuring continued growth and high visibility. The property type is retail, offering a unique chance to establish a presence in one of Manhattan's most sought-after neighborhoods. The address is 120 Orchard Street, New York, NY 10002. This is an unparalleled opportunity to capitalize on the thriving retail scene in this dynamic area. The property's location within the Essex Crossing developments guarantees significant exposure to a large and diverse customer base. The combination of high foot traffic, vibrant nightlife, and proximity to significant developments makes this a truly exceptional investment opportunity.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $5,565,000
- 6.5%
- $5,135,000
- 7%
- $4,770,000
-
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $6,385,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $5,735,000 Change: -10% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9893
- Latitude
- 40.7194
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$187,160
$225,000
$1,272,040
$1,497,040
-
$500,000
$2,883,000
$3,383,000
