148 - 150 ATTORNEY STREET

For Sale - Manhattan - Lower East Side

$12,000,000

Net Operating Income: Contact Agent

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Key Details

Property Type
MultiFamily
Neighborhood
Lower East Side
Property Dimensions
41.0 x 47.0
Property Area
9,432 sq.ft.
Total Units:
6
Stories:
7
NOI
Contact Agent
Price
$12,000,000

Listing Description

Avison Young, as exclusive agent, is pleased to offer for sale 148-150 Attorney Street, a newly-developed elevator building in the Lower East Side neighborhood of Manhattan.

Located on the east side of Attorney Street between East Houston and Stanton Street, the Property is an ideal choice for a group looking to invest in one of New York City’s Opportunity Zones. Ownership is able to deliver the property just prior to completion (and can complete very shortly after deed transfer) so that a buyer can obtain a TCO and put the building into service, allowing them to qualify.

The Property features six large two-bedroom, two-bathroom apartments with 11’ floor-to-ceiling windows, secure elevator access to each floor and exceptional finishes. All units feature extensive private outdoor space. Each apartment could easily be converted to three bedrooms.

The property is next to Essex Crossing, a brand new 1.9 million-square-foot mixed-use development including 1,000 new residences, 400,000 square feet of office space and 450,000 square feet of retail spaces (including Target, Trader Joe’s and Regal Cinemas).

Property Details

Block/Lot:
345/1
Lot Dimensions
40.5 x 50.0
Lot Area
1,765 sq.ft
Zoning:
R7A
FAR as Built:
4.0
Max FAR:
4.0
Allan FriesAvison Young
Contact Agent Download Listing Flyer

Sales & Transactions

AddressSale PriceSale DateProperty Type
102 SUFFOLK STREET$5,500,00005/18/2018MultiFamily
155 ATTORNEY STREET$37,400,00003/23/2018MultiFamily
166 SUFFOLK STREET$7,550,00012/20/2016MultiFamily
151 NORFOLK STREET$12,000,00006/15/2016MultiFamily
99 SUFFOLK STREET$24,550,00004/01/2016MultiFamily
530 GRAND STREET, F10H$1,080,00002/17/2016MultiFamily
387 GRAND STREET, K707$1,050,00002/12/2016MultiFamily
266 EAST BROADWAY, B705$585,00002/11/2016MultiFamily
573 GRAND STREET, D804$660,00002/08/2016MultiFamily
144 STANTON STREET-02/06/2016MultiFamily