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48 Market St 1,898 SF Office/Retail Condo Unit Offered at $2,790,000 in New York, NY 10002
Investment Highlights
- Near the corner of Market St and Monroe
Executive Summary
This is a commercial condo located among the units of a multi family property.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | APN/Parcel ID | 0274-1002 |
| Sale Type | Investment or Owner User |
| APN/Parcel ID | 0274-1002 |
Description
The subject offering is a 1,898 square foot
commercial condo located on Market Street in Two
Bridges. This condo building features 26 residential
units and two retail spaces. The property is located
between Madison Street & Monroe Street.
The retail unit is restricted to community facility use.
It consists of 1,898 square feet of commercial space
plus 1,610 square feet of lower-level space (3,508 SF
of combined useable square footage). 48 Market
Street presents the opportunity for a user to acquire
approximately 1,898 SF of retail space in Downtown
Manhattan, and/or an investor looking to lease out
the space and cash flow a fully stabilized minimal
management retail asset.
commercial condo located on Market Street in Two
Bridges. This condo building features 26 residential
units and two retail spaces. The property is located
between Madison Street & Monroe Street.
The retail unit is restricted to community facility use.
It consists of 1,898 square feet of commercial space
plus 1,610 square feet of lower-level space (3,508 SF
of combined useable square footage). 48 Market
Street presents the opportunity for a user to acquire
approximately 1,898 SF of retail space in Downtown
Manhattan, and/or an investor looking to lease out
the space and cash flow a fully stabilized minimal
management retail asset.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit C1 | 1,898 SF | Office/Retail | $2,790,000 ($1,469.97/SF) | - |
Unit C1
| Unit Size |
| 1,898 SF |
| Condo Use |
| Office/Retail |
| Price |
| $2,790,000 ($1,469.97/SF) |
| NOI |
| - |
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Unit C1
| Unit Size | 1,898 SF |
| Condo Use | Office/Retail |
| Price | $2,790,000 ($1,469.97/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| APN/Parcel ID | 0274-1002 |
| Description | |
| The subject offering is a 1,898 square foot<br> commercial condo located on Market Street in Two<br> Bridges. This condo building features 26 residential<br> units and two retail spaces. The property is located<br> between Madison Street & Monroe Street.<br> The retail unit is restricted to community facility use.<br> It consists of 1,898 square feet of commercial space<br> plus 1,610 square feet of lower-level space (3,508 SF<br> of combined useable square footage). 48 Market<br> Street presents the opportunity for a user to acquire<br> approximately 1,898 SF of retail space in Downtown<br> Manhattan, and/or an investor looking to lease out<br> the space and cash flow a fully stabilized minimal<br> management retail asset.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 41,526 SF | Floors | 9 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 4,614 SF |
| Property Subtype | Apartment | Year Built | 1990 |
| Building Class | B | Lot Size | 0.15 AC |
| Zoning | R7-2 - R7 Zoning is considered medium density residential. It is broken into 2 basic zoning districts R7-1 and R7-2. 7-2 has less parking requirements. | ||
| Total Building Size | 41,526 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 9 |
| Typical Floor Size | 4,614 SF |
| Year Built | 1990 |
| Lot Size | 0.15 AC |
| Zoning | R7-2 - R7 Zoning is considered medium density residential. It is broken into 2 basic zoning districts R7-1 and R7-2. 7-2 has less parking requirements. |
Amenities
Site Amenities
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 26 | - | - |
1 1
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Very bikeable
80/100
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Contact the Sale Advisor
48 Market St