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48 Allen St 925 - 1,070 SF Retail Condo Units Offered at $1,744,000 - $3,139,200 CAD Per Unit in New York, NY 10002

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INVESTMENT HIGHLIGHTS

Stable cashflow asset with built-in upside for investoras - Great opportunity for a User to secure a long-term location avoiding rising rents.

EXECUTIVE SUMMARY

Property Highlights: Dual frontage on Orchard and Allen Streets Elevator to lower level (ADA access) 100% occupied with Gross Annual Income of $249,000 Both Leases expire in May 2027 Located in one of Manhattan's most dynamic and evolving retail corridors

PROPERTY FACTS

Total Building Size	1,995 SF	Floors	1
Property Type	Office	Typical Floor Size	1,995 SF
Property Subtype	Loft/Creative Space General Retail Storefront General Retail Storefront Retail/Office	Year Built	1900
Building Class	B	Lot Size	0.05 AC
Zoning	C6-2, New York - C6 districts permit a wide range of high-bulk commercial uses requiring a central location

Total Building Size	1,995 SF
Property Type	Office
Property Subtype	Loft/Creative Space General Retail Storefront General Retail Storefront Retail/Office
Building Class	B
Floors	1
Typical Floor Size	1,995 SF
Year Built	1900
Lot Size	0.05 AC
Zoning	C6-2, New York - C6 districts permit a wide range of high-bulk commercial uses requiring a central location

Signage

Wheelchair Accessible

2 UNITS AVAILABLE

Unit 1

Unit Size	1,070 SF	Condo Use	Retail
Price	$3,139,200 CAD	Sale Type	Investment
Price Per SF	$2,933.83 CAD

Unit Size	1,070 SF
Price	$3,139,200 CAD
Price Per SF	$2,933.83 CAD
Condo Use	Retail
Sale Type	Investment

DESCRIPTION

49 Orchard Street & 48 Allen Street presents a rare opportunity to acquire a fully leased, block-through retail condominiums in the heart of Manhattan’s Lower East Side. This unique asset spans approximately 1,995 square feet across two fully leased retail units (inclusive of cellar)—one fronting Orchard Street and the other fronting Allen Street—offering dual street exposure, excellent visibility, and enhanced accessibility. The property includes elevator access to the lower level on the Allen Street side, further boosting its appeal to a wide range of tenants