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Property profile & analytics

21 Orch St New York, NY 10002-6268

  • Office Properties & Spaces
  • 3,125 SF
  • 0.02 lot acres
OFF-MARKET
Last Sale
May 26, 2020
Value Estimations
$1,115,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US63-2162080
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.

Current Use by Public Records

  • Maiden Name / Clothing Store

Property Details for 21 Orch St

Year built
1900
Lot size
0.02 lot acres
Property size
3,125 SF
Zone code
C6-2
Property type
Office Properties & Spaces
APN
00299-0029
APU
2990029

Description

This exceptional 1,000-square-foot creative office space is situated on the second floor of 21 Orchard Street, in the heart of New York County's Lower East Side. The property is a single-tenant space, perfect for a business seeking a vibrant and inspiring work environment. The space boasts abundant natural light, enhancing productivity and creating a welcoming atmosphere. Two split HVAC units ensure efficient and comfortable climate control throughout the year. Beyond the immediate office space, tenants enjoy access to a shared rooftop lounge offering stunning city views – a unique amenity perfect for relaxation or informal meetings. The building's location on Orchard Street places you within a dynamic neighborhood known for its eclectic mix of art galleries, high-end boutiques, and a thriving culinary scene. This blend of historical charm and modern urban energy makes 21 Orchard Street an ideal location for businesses seeking a prestigious and convenient address. The property is classified as both retail and office space, and is currently configured as a creative office, though it could potentially suit traditional office needs as well. The Lower East Side's rich cultural history and its ongoing revitalization make this a highly desirable location for businesses of all types. This space offers a unique opportunity to establish a presence in one of Manhattan's most exciting and up-and-coming neighborhoods.


Value Estimations

based on Realmo’s proprietary methodology
  • CAP approach

    CAP Return
    Estimation
    6%
    $1,640,000
    6.5%
    $1,515,000
    7%
    $1,405,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
New York
County
New York
State
New York
Longitude
-73.9918
Latitude
40.7154
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
$42,087
$51,750
$346,950
$398,700
-
$115,000
$768,000
$883,000
More about this property
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