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75-81 Orchard St
New York, NY Lower East Side

$43,250,000 USD

Multifamily For Sale  •  55,537 SF

2 Properties View all

Property Details

  • Property Type Multifamily
100 Transit Score
100 Walk Score

Highlights

Scale: 59 apartments / 6 retail spaces / 38,807 gross square feet
Residential Value Add: Light value add via renovating apartment units and common areas
Diversified Income Streams: Mix of 1, 2, and 3 bedroom apts. with 6 commercial spaces (4 on Orchard Street and 2 on Allen Street)
Retail Value Proposition: Multiple retail leases signed with Covid-rents allowing future ownership the benefit of market resets upon lease expirations
Accessibility: 6 subway lines F, M, B, D, J, Z within 4-min (1-min to Delancey St-Essex St Station / 4-min to Grand Street Station)

Public Transportation

Commuter RailDriveWalkDistance
9 St (PATH) (Hoboken-33rd Street - Port Authority Trans-Hudson (PATH), Journal Square-33rd Street - Port Authority Trans-Hudson (PATH)) 6 min - 1.6 mi
Christopher St (Hoboken-33rd Street - Port Authority Trans-Hudson (PATH), Journal Square-33rd Street - Port Authority Trans-Hudson (PATH)) 6 min - 1.6 mi
Transit/SubwayDriveWalkDistance
Grand Street (B,D Line) (B - New York MTA Subway (The Subway), D - New York MTA Subway (The Subway)) 2 min 4 min 0.2 mi
Essex Street (J - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), Z - New York MTA Subway (The Subway)) 1 min 4 min 0.2 mi
Delancey Street (F - New York MTA Subway (The Subway)) 1 min 4 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)) 1 min 6 min 0.3 mi
East Broadway (F - New York MTA Subway (The Subway)) 1 min 6 min 0.3 mi
AirportDriveWalkDistance
LaGuardia 19 min - 9.2 mi
Newark Liberty International 21 min - 12.8 mi
John F Kennedy International 28 min - 17.4 mi
Guthrie Garvin 917-412-9996 JLL
Guthrie Garvin 917-412-9996 JLL