158 Orch St New York, NY 10002-2276
Property profile & analytics
158 Orch St New York, NY 10002-2276
- Retail residential properties
- 8,950 SF
- 0.05 lot acres
Property ID
US63-3525901
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
- Gnocchi on 9th / Restaurant
- Rawsome Treats / Bakery / Take-out & Catering
- Omelettos / Restaurant
Property Details for 158 Orch St
- Year built
- 1890
- Lot size
- 0.05 lot acres
- Property size
- 8,950 SF
- Zone code
- C44A
- Property type
- Retail residential properties
- APN
- 00411-0007
- APU
- 4110007
Description
This exceptional 400-square-foot commercial space, located in the vibrant Lower East Side of Manhattan, presents a unique opportunity for a variety of businesses. Currently configured as a single-tenant space, it's ideally suited for a restaurant, retail store, or office use. The property boasts a prime Orchard Street location, placing it within steps of popular establishments such as Mr. Purple, Sauce Restaurant, Ms Yoo Gastropub, and Insomnia Cookies, ensuring high foot traffic and visibility. The space includes a valuable storage basement, adding extra utility and functionality. The asking rent is $7,700 per month. The property is zoned to allow for various uses, including the possibility of installing a ventilation system, making it particularly attractive to food-related businesses. This highly desirable location and versatile space are expected to lease quickly, making immediate action crucial for interested parties. The building's total square footage is not currently available. The property is situated in New York County and is categorized as retail, office, and restaurant space. This is a single-tenant occupancy. Don't miss this chance to secure a thriving business location in one of Manhattan's most dynamic neighborhoods.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,700,000
- 6.5%
- $4,335,000
- 7%
- $4,030,000
-
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $5,390,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $4,845,000 Change: -10% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9885
- Latitude
- 40.7209
- 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
$204,850
$360,000
$1,278,540
$1,638,540
-
$800,000
$3,011,000
$3,811,000
