114 Stanton StNew York, NY 10002

This exceptional mixed-use property at 114 Stanton Street, New York, NY 10002, presents a compelling value-add investment opportunity. The six-story, 8,052-square-foot brick building boasts a prime location between Ludlow and Essex Streets in the vibrant Lower East Side. The property features five residential units and ground-floor retail space currently occupied by a premier retailer with 22 feet of street frontage. One residential unit is available vacant upon closing. Built in 1900 and renovated in 2015, the building is zoned C4-4A and offers a strong occupancy rate of 100%. Its strategic location provides easy access to the Delancey Street subway station (F, M, J, and Z lines), ensuring convenient transportation for residents and customers. The surrounding area offers a wealth of dining, entertainment, and nightlife options, further enhancing the property's appeal and potential for strong rental income. The asking price is $4,650,000, translating to $577.50 per square foot. This presents a rare chance to acquire a well-positioned mixed-use asset in a highly sought-after New York City neighborhood.