50 Delancey Street • New York (manhattan), NY 10002

$22,000,000 Beds: 0 • Baths:Sq. Feet: 0 • MLS ID: 941016
Prime investment opportunity in the heart of Manhattan's Lower East Side! It is a pre-war, 3-story walk-up building with 17 units and approximately 16,657 sf of rentable space over a 5,008 sf lot. Classified as 'Predominant Retail with Other Uses (K4), the property offers street-level commercial spaces combined with residential units above, creating a diverse income stream.Built in 1910, this well-maintained building retains classic pre-war character while offering long-term value potential. Ideal for investors seeking stable cash flow in a highly walkable, transit-accessible neighborhood with proximity to multiple subway lines and the vibrant Lower East Side amenities.Recent permit history indicates ongoing maintenance and updates, supporting continued tenant satisfaction and operational stability. With a prime location, solid structural condition, and multi-use potential, this property represents a rare chance to own a versatile Manhattan investment with both retail and residential upside. View this listing at: http://www.laffey.com/lid=183217650

Property Features

  • Taxes: $153,702
  • Basement: Yes
  • Exterior: Brick,Frame
  • Lot Size: 0.11 Acres
  • Heating: Steam
  • Cooling: Ductless,Wall/Window Unit(s)
  • Year Built: 1910
  • Water: Public
  • Sewer: Public Sewer
  • Stories: 3.0
  • On Market Date: 2025-12-03
  • Basement: Finished
  • Building Area Total: 16657
  • Building Features: Walk Up
  • Business Type: Deli/Catering,Grocery,Residential,Restaurant
  • Cap Rate: 4
  • Lot Features: Corner Lot,Near Public Transit
  • Parcel Number: 0420-0070
  • Property Attached Y/N: 1
  • Rental Term: Monthly
  • Utilities: Electricity Connected,Sewer Connected,Trash Collection Public,Water Connected
Printed April 09, 2026


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