Skip To Content

    286 Broome Street

    New York, NY 10002
    • $5,500,000
    • STATUS: Active
    • ON SITE: 50 days
    • MLS #: 448528
    UPDATED: 26 min ago
    $5,500,000
    • 0
      BEDS
    • 0.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,779
      SQFT
    • $510
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1900

    School Ratings & Info

    Description

    Manhattan Lower East side/Off Chinatown prime location! Original owner for 40 years! Very well maintained 5 story building 8 Family plus storefront walk up with Storefront 1,700 sq. ft on short term lease (may be able to be delivered vacant plus additional 1,000 finished basement with it separate front entrances & back exit, 1/2 bath & high 10 ft ceiling, new ceramic floors, Heat & more! 22 ft wide building by 69 sq ft deep!! Large private enclosed backyard! Fire escape! Building approx. 10,779 total sq ft not including basement! Property on a 21.92 ft x 102.08 ft lot size! Possible 2 vacancy above store! Owner recently finished & renovated entire basement, Electric, Gas boiler & new Hot water system, Intercom system, stairs & much more!!! Air rights of 1,834 still available with potential to extend property and maximize usage. CAP rate with projected upside potential! Low Real Estate taxes $ 14,127 annually! Fully 100% occupy building ALL tenant pays on time! Buy today before prices skyrockets! Property is located in the section of the Lower East Side currently converting to a new wave of businesses consisting in restaurants, bars, cafes and retail. The building is just 3 blocks away from Houston Street featuring Essex common, the best dive bars, old school music venues, posh cocktail lounges and hip restaurants the city has to offer. The Lower East Side was once considered a grungy neighborhood, but over the past couple of decades increasing numbers of NYU students and newcomers to the city have settled there, bringing with them a more mainstream vibe. Near trains, buses & much more!

    Monthly Payment Calculator



    © 2021 Brooklyn New York Multiple Listing Service, Inc. 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 Team Pagano | Keller Williams Realty. Data last updated: 2021-04-12T07:00:19.98.
    www.teampaganogroup.com/homes/114393760
    Print Image

    286 Broome Street New York, NY 10002

    • Price: $5,500,000
    • Status: Active
    • Updated: 26 min ago
    • MLS #: 448528
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.05
    Acres
    10,779
    SQFT
    $510
    $/SQFT
    1900
    Built
    Neighborhood:
    Manhattan
    County:
    New York (Manhattan)
    Area:
    Lower East Side
    Property Description
    Manhattan Lower East side/Off Chinatown prime location! Original owner for 40 years! Very well maintained 5 story building 8 Family plus storefront walk up with Storefront 1,700 sq. ft on short term lease (may be able to be delivered vacant plus additional 1,000 finished basement with it separate front entrances & back exit, 1/2 bath & high 10 ft ceiling, new ceramic floors, Heat & more! 22 ft wide building by 69 sq ft deep!! Large private enclosed backyard! Fire escape! Building approx. 10,779 total sq ft not including basement! Property on a 21.92 ft x 102.08 ft lot size! Possible 2 vacancy above store! Owner recently finished & renovated entire basement, Electric, Gas boiler & new Hot water system, Intercom system, stairs & much more!!! Air rights of 1,834 still available with potential to extend property and maximize usage. CAP rate with projected upside potential! Low Real Estate taxes $ 14,127 annually! Fully 100% occupy building ALL tenant pays on time! Buy today before prices skyrockets! Property is located in the section of the Lower East Side currently converting to a new wave of businesses consisting in restaurants, bars, cafes and retail. The building is just 3 blocks away from Houston Street featuring Essex common, the best dive bars, old school music venues, posh cocktail lounges and hip restaurants the city has to offer. The Lower East Side was once considered a grungy neighborhood, but over the past couple of decades increasing numbers of NYU students and newcomers to the city have settled there, bringing with them a more mainstream vibe. Near trains, buses & much more!
    Exterior Features

    Building Length 69.00 Building Width 22.00 Commercial Features Exterior Fence - FullOutside Storage AreaSign - BuildingSign - DoorStorm DrainsOther Construction Materials Brick Exterior Brick Loading Docks None Lot Size Length 103 Lot Size Width 22 Parking Attributes None Parking Feature None Roof FlatRubber Yard BackFenced - FullOther

    Interior Features

    Basement Amenities FinishedWalk-In Building Footprint Sq Ft 1518 Ceiling Height 8-10 Foot Commercial Features Interior Intercom Flooring CeramicHardwood Foundation Details Poured Concrete Heat Delivery Steam/Radiator Lavatories 4+ Walls Plaster

    Property Features

    Block 414 Commercial Condo 0 Construction Type Attached Cross Street Name Allen Street Cross Street Name2 Eldridge Street Electric Circuit Breakers Financing 1031 ExchangeAssumptionBank MortgageCash Fuel Expense 8000.00 Handicap Access Unknown Heating Fuel Gas Hot Water Gas Insurance Expense 4000.00 Lot Number 30 Lot Size Irregular YN 0 Number Of Families 8 Number Of Stores 5 Property Sub Type Mixed Use Property Type Mixed Use Sale Type Arm's Length Tax Amount 15000.00 Transaction Type Sale Zoning C4-4A

    Listing information © 2021 Brooklyn New York Multiple Listing Service, Inc.
    Listing provided courtesy of Brooklyn Real Property Inc..


    © 2021 Brooklyn New York Multiple Listing Service, Inc. 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 Team Pagano | Keller Williams Realty. Data last updated: 2021-04-12T07:00:19.98.
     
    https://bt-photos.global.ssl.fastly.net/brooklyn/orig_boomver_1_448528-2.jpg
    Logo
    Team Pagano | Keller Williams Realty
    50 RT 9 South
    Morganville NJ, 07751