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57 Stanton St
New York, NY 10002 Bowery

$5,200,000 USD

Storefront Retail Residential For Sale  •  3,000 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 4,513 SF
  • Lot Size 0.05 AC
  • Building Class C
  • Year Built 1901
  • Tenancy Multiple
  • Zoning C4-4A
100 Transit Score
100 Walk Score

Highlights

4,513 Square Foot Mixed-Use Property with 2 Commercial Units and 2 Market Rate Residential Units in the Lower East Side
Protected 2A Tax Class: Limits real estate tax increases from today’s $6,813 to a maximum of 8% annually and 30% over five years
Brand New 10-Year Lease to Speakeasy Bar Operator with Four other Thriving Locations facing Eldridge Street
Vacant Storefront Facing Stanton Street offers rental upside or owner-user opportunities
Cash-flowing Asset with Significant Upside in the Stanton Street Retail and Apartment Rents
Zoning C4-4A: Offers flexibility for commercial and residential use with an additional 4,105 square feet of undeveloped air rights

Amenities

  • Bus Line
  • Metro/Subway
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
9 St (PATH) (Hoboken-33rd Street - Port Authority Trans-Hudson (PATH), Journal Square-33rd Street - Port Authority Trans-Hudson (PATH)) 5 min - 1.4 mi
Christopher St (Hoboken-33rd Street - Port Authority Trans-Hudson (PATH), Journal Square-33rd Street - Port Authority Trans-Hudson (PATH)) 6 min - 1.5 mi
Transit/SubwayDriveWalkDistance
Lower East Side-2 Avenue (F - New York MTA Subway (The Subway)) 2 min 3 min 0.2 mi
Bowery (J - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), Z - New York MTA Subway (The Subway)) 2 min 6 min 0.3 mi
Delancey Street (F - New York MTA Subway (The Subway)) 2 min 7 min 0.3 mi
Grand Street (B,D Line) (B - New York MTA Subway (The Subway), D - New York MTA Subway (The Subway)) 2 min 7 min 0.4 mi
Essex Street (J - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), Z - New York MTA Subway (The Subway)) 2 min 8 min 0.4 mi
AirportDriveWalkDistance
LaGuardia 20 min - 9.5 mi
Newark Liberty International 21 min - 12.8 mi
John F Kennedy International 29 min - 17.7 mi
Jakub Nowak 718-475-4353 Marcus & Millichap
Jakub Nowak 718-475-4353 Marcus & Millichap