50 CLINTON STREET

For Sale - Manhattan - Lower East Side

$4,000,000

Net Operating Income: Contact Agent

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Key Details

Property Type
Commercial
Neighborhood
Lower East Side
Property Dimensions
60.0 x 27.0
Property Area
1,780 sq.ft.
Total Units:
1
Stories:
1
NOI
Contact Agent
Price
$4,000,000

Listing Description

Cushman and Wakefield has been retained on an exclusive basis to arrange the sale of the retail condo at 50 Clinton Street. The retail condo is located on one of the best blocks in the entire Lower East Side. The space has 60 feet of frontage along Clinton Street and is 27 feet deep. The storefront is brand new and located at the base of a luxury new development condominium.
The residential portion of the condominium is 95% sold for record prices. The storefront is brand new and located at the base of a luxury new development condominium.

Clinton Street also falls into the Lower East Side Opportunity Zone. This allows for an investor or a business owner to take advantage of the new capital gains tax deferral program. The location and frontage is perfect for an end user.

Retailers in the neighborhood include Blue Bottle, Clinton Street Baking Company, Verizon, Burgary, Ivan Ramen, T-Mobile Koneko, Mughlai Grill, Donnybrook, MetroPCS and Pig & Khao.

Property Details

Block/Lot:
344/11011
Lot Dimensions
60.0 x 27.0
Lot Area
1,780 sq.ft
Zoning:
R7A
FAR as Built:
0.84
Max FAR:
4.0
Bryan HurleyCushman & Wakefield
Contact Agent Download Listing Flyer

Sales & Transactions

AddressSale PriceSale DateProperty Type
201 CHRYSTIE STREET$845,47807/19/2018Commercial
201 CHRYSTIE STREET$1,997,47907/19/2018Commercial
201 CHRYSTIE STREET$1,932,93107/19/2018Commercial
92 LUDLOW STREET$9,000,00011/30/2016Commercial
70 HESTER STREET$5,900,00005/17/2016Commercial
282 GRAND STREET$6,000,00010/28/2015Commercial
284 GRAND STREET-10/28/2015Commercial
115 DELANCEY STREET-10/26/2015Commercial
108 DELANCEY ST-10/01/2015Commercial
154 STANTON STREET$4,900,00008/26/2015Commercial