102 Norfolk Street

  • $16.3M
102 Norfolk Street, New York, NY 10002, USA

102 Norfolk Street

102 Norfolk Street, New York, NY 10002, USA
  • $16.3M

Sub listings

Title Property Type Price Beds Baths Property Size Availability Date
sqft

Description

Marketing Description
Avison Young, as the exclusive agent, is pleased to offer for sale 102 Norfolk Street, a mixed-use building in the Lower East Side neighborhood of Manhattan. The 19,904± gross square foot Property consists of 25 residential units and two retail units on the east side of Norfolk Street between Rivington Street and Delancey Street. Located a block north of the Essex Crossing Development, the Property benefits from the culture and amenities found in the Lower East Side

Investment Highlights
72% free market, providing strong in-place cash flow
Less than 1 block away from the new Essex Crossing Development
Essex Crossing will add 1,000 new residences, 400,000 SF of office space and 450,000 SF of retail spaces to the area
38 feet of frontage on Norfolk Street
1 block from the F, M, J, Z trains at Delancey Street Station
Below market retail rent provides future upside
Strong retail tenants, The Back Room is a historic speakeasy

Details

Updated on July 29, 2019 at 1:10 pm
  • Property ID: 18726
  • Price: $16.3M
  • Property Size: 19904 sqft
  • Property Type: Retail
  • Property Status: For Sale
  • Price Per/Sf: 816.42
  • Number of Stories: 6

Additional details

  • Property Type: Retail, Multifamily, Mixed Use
  • Units: 27
  • Permitted Zoning: R7A
  • Lot Size (sq ft): 3,772
  • Address 102 Norfolk Street, New York, NY 10002, USA
  • City New York
  • State/county New York
  • Zip/Postal Code 10002

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Contact Information

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James Nelson
  • James Nelson
  • 212.729.6585917.362.1485

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James Nelson
  • James Nelson