174 DELANCEY STREET

For Sale - Manhattan - Lower East Side

$9,250,000

Net Operating Income: $474,061

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Key Details

Property Type
MultiFamily
Neighborhood
Lower East Side
Property Dimensions
25.0 x 55.0
Property Area
9,625 sq.ft.
Total Units:
24
Stories:
5
NOI
$474,061
Price
$9,250,000

Listing Description

174 Delancey is a mixed-use walk-up building located on the north side of Delancey Street between Attorney and Clinton Street in the Lower East Side. 174 Delancey is comprised of two buildings, one on the front of the lot and one on the rear portion. The buildings contain a total of 22 residential units and 2 commercial stores. Of the 22 units, 9 are deregulated and 13 are rent stabilized. Of the 13 RS units, 5 receive preferential rents and 1 will be delivered vacant. The two commercial units are both leased, to Best Wingers and the Bike Man.

Property Details

Block/Lot:
348/72
Lot Dimensions
25.0 x 100.0
Lot Area
2,500 sq.ft
Zoning:
R8A
FAR as Built:
5.4
Max FAR:
7.2
Bryan HurleyCushman & Wakefield
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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