$13,700,000
( $822.48Per Sq Foot )
 $73,545 est/mo Sourced by Back At You

50 Delancey Street,New York (Manhattan), NY 10002

New York (Manhattan), NY 10002

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Description

Prime investment opportunity in the heart of Manhattan’s Lower East Side! It is a pre-war, 3-story walk-up building with 17 residential units and approximately 16,657 sf of rentable space over a 5,008 sf lot. Classified as Predominant Retail with Other Uses (K4), the property offers street-level commercial spaces combined with residential units above, creating a diverse income stream. Built in 1910, this well-maintained building retains classic pre-war character while offering long-term value potential. Ideal for investors seeking stable cash flow in a highly walkable, transit-accessible neighborhood with proximity to multiple subway lines and the vibrant Lower East Side amenities. Recent permit history indicates ongoing maintenance and updates, supporting continued tenant satisfaction and operational stability. With a prime location, solid structural condition, and multi-use potential, this property represents a rare chance to own a versatile Manhattan investment with both retail and residential upside.

Details

MLS #941016
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1910
Days On Site266
Listing Provided ByUnited Real Estate Fortune | Fang Quan He

Features

SQ Feet16,657
BasementY
Story(s)3
Building(s)1
ZoningC6-2A
Acreage0.11

Interior

CoolingDuctless, Wall/Window Unit(s)
HeatingSteam

Exterior

Construction MaterialsBrick, Frame
Lot FeaturesCorner Lot, Near Public Transit

Utilities

UtilitiesElectricity Connected, Sewer Connected, Trash Collection Public, Water Connected
SewerPublic Sewer

Taxes

Tax Year2025
Tax Annual Amount153702
Tax Lot0070

Area Information

StateNY
CountyNew York (Manhattan)
CityNew York (Manhattan)
Zip Code10002
Listing VS Median (in 10002)
Price:
$13,700,000
low | high
Med:
$1,059,500
100% of Average
sqft:
16,657
low | high
Med:
646
100% of Average
$ / sqft:
$822
low | high
Med:
$1,638
49.108271122123% of Average
On site:
266
low | high
Med:
26.5
100% of Average
Sourced by Back At You

Market Activity 10002

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Contact

Learn More About This Property

Newburgh Office

Newburgh Office

 (845) 565-2800info@johnjleaserealtors.com
StateNY
CountyNew York (Manhattan)
CityNew York (Manhattan)
Zip Code10002
Listing VS Median (in 10002)
Price:
$13,700,000
low | high
Med:
$1,059,500
100% of Average
sqft:
16,657
low | high
Med:
646
100% of Average
$ / sqft:
$822
low | high
Med:
$1,638
49.108271122123% of Average
On site:
266
low | high
Med:
26.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $10.275M - $17.125M
sqft: 12,000 - 20,500
Nearby Listings Property ImageNearby Listings Details
198 Grand Street Property Photo 1
$7,990,000
198 Grand Street
New York (manhattan), NY 10013
Listing Updated: June 29, 2026 at 7:20:13 AM PDT
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