Home > Blogs > Eileen Hsu > Eileen's New York City Manhattan Real Estate Blog

Manhattan New York building for sale mix use residential & commercial

By Eileen Hsu

Real Estate Agent with Douglas Elliman Real Estate

August 06, 2012 12:56 PM

Manhattan New York building for sale mix use residential & commercial

247 Broome Street - Lower East Side

247 Broome Street New York NY 10002 is a mix use five stories walk up building with incredible rent roll for those that want a investment opportunity in the dynamic neighborhood of prime Lower East side with Orchard and Ludlow Streets.

This Street of Lower East Side has unique boutiques, cafe and restaurants that have endless possibilities of future investment. The building has a mix rent stablized and commercial tenant.

(Rent roll is $24,187 per month).

ASKING PRICE $5,800,000.

View Larger Map

Email today at EHSU@elliman.com for other details.

Re-Blog

Comments(14)

Comment

Show All Comments

Sort:

Laura Cerrano

Feng Shui Manhattan Long Island - Locust Valley, NY

Certified Feng Shui Expert, Speaker & Researcher

That is great land over there! I always loved it over there. There is a trendiness mixed with some artsiness. Liking this! Here's hoping for a quick sale, Eileen! :)

Aug 06, 2012 01:27 PM

Endre Barath, Jr.

Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA

Realtor - Los Angeles Home Sales 310.486.1002

Eileen congrats on your new listing hope to a fast and smooth sale!

Aug 06, 2012 05:08 PM

Joe Petrowsky

Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT

Your Mortgage Consultant for Life

With that revenue and asking price, what kind of loan would be available to the right customer? Just like to know, just in case, as I have a number of clients that work or have businesses in the city.

Aug 06, 2012 08:19 PM

Gita Bantwal

RE/MAX Centre Realtors - Warwick, PA

REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

This is a great listing. I wish I had a buyer I could refer to you.

Aug 06, 2012 08:48 PM

Jeffrey DiMuria 321.223.6253 Waves Realty

Waves Realty - Melbourne, FL

Florida Space Coast Homes

Wow Eileen...that looks like a great investment with some nice earnings for those looking to invest.

Aug 06, 2012 09:04 PM

Gabe Sanders

Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL

Stuart Florida Real Estate

247 Broome St. in New York City is an excellent opportunity for the savvy investor. Hope they call Eileen Hsu soon to put a deal together.

Aug 06, 2012 09:57 PM

Morgan Evans

Douglas Elliman Real Estate - Manhattan, NY

LICENSED REAL ESTATE SALESPERSON

I agree, 247 Broome St looks like an excellent opportunity for investment.

Aug 06, 2012 10:53 PM

Roy Kelley

Retired - Gaithersburg, MD

Best wishes for a successful transaction.

Have an outstanding week and be sure to have your camera in hand when you are out and about.

Aug 06, 2012 11:49 PM

Michael Jacobs

Pasadena, CA

Pasadena And Southern California 818.516.4393

Hello Eileen -- impressive building and a great opportunity for an investment.

Aug 07, 2012 04:51 AM

Doug Rogers

RE/MAX Coastal Properties - Destin, FL

Your Real Estate Resource!

I bet that property has an interesting history! How old is it?

Aug 07, 2012 08:38 AM

Joan Cox

House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO

Denver Real Estate - Selling One Home at a Time

Eileen, looks like a great opportunity for a serious investor! Good luck with this, and hope you get a buyer soon.

Aug 07, 2012 12:31 PM

Eileen Hsu

Thanks everyone, we are selling this building very soon.

Joe, I am sure there are commericial lenders or private lenders for this type of building. Of course, all cash offer is preferred.

Doug, this building was built in the 1900s, which is very common here in Manhattan New York.

Aug 07, 2012 01:29 PM

Marcus Rice

Equity First Realty - Richmond, VA

Richmond, NOVA, Virginia Beach Area Realtor/Broker

Eileen,

You Rock, and this building will sell quick beacuse you have the mindset of a heavy hitter in real estate beacuse you are. I see you making the deposit into your account and the building is sold. Marcus says sold and it is beacuse you are are the best.

Aug 08, 2012 01:42 PM

Mike Yeo

3:16 team REALTY - Frisco, TX

Great listing. Hope you find a great buyer for this.

Aug 21, 2012 11:17 PM

Manhattan New York building for sale mix use residential & commercial

Comments(14)

Eileen Hsu

Real Estate Resources

Recent Posts

Additional Information