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50 Delancey Street

New York (Manhattan), NY 10002
  • $22,000,000
  • STATUS: Active
  • MLS #: 941016
UPDATED: 28 min ago
$22,000,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1910
County:
Area:

School Ratings & Info

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 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.

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© 2026 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or This Old Hudson Team at Houlihan Lawrence. Data last updated: 2026-04-15T17:19:14.787.
www.thisoldhudsonrealestate.com/homes/171086174
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50 Delancey Street New York (Manhattan), NY 10002

  • Price: $22,000,000
  • Status: Active
  • On Site: Days
  • Updated: 28 min ago
  • MLS #: 941016
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1910
Built
Neighborhood:
New York
County:
Manhattan
Area:
New York
Property 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 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.
Exterior Features

Construction Materials BrickFrame Cross Street Eldridge Street Lot Features Corner LotNear Public Transit Property Attached YN Yes Stories Total 3 Waterfront YN No

Interior Features

Basement Details Finished Basement YN Yes Cooling DuctlessWall/Window Unit(s) Elevator YN No

Property Features

Annual Rental Income 800495 Building Area Total 16657 Building Features Walk Up Business Type Deli/CateringGroceryResidentialRestaurant Financial Year 2025 Heating Steam Lot Size Area 5008 Net Operating Income 552843 Number Of Residential Units 17 Property Condition Actual Property Sub Type Mixed Use Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 153702 Usable Area 16657.00 Utilities Electricity ConnectedSewer ConnectedTrash Collection PublicWater Connected Water Source Public Zoning C6-2A

Listing courtesy of Fang Quan He of United Real Estate Fortune: 516-990-8888
© 2026 OneKey MLS. All rights reserved.


© 2026 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or This Old Hudson Team at Houlihan Lawrence. Data last updated: 2026-04-15T17:19:14.787.
 
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