$5,159,319*
●
Property -
Off Market
286 Broome Street
New York, NY 10002
Studio
0 Bath
10779 Sqft
$4,050,000 - $4,950,000
Reference Base Price*
14.65%
Since Jan 1, 2022
NY-New York
Primary Model
About This Property
Manhattan Lower East side/Off Chinatown prime location! Original
owner for 40 years! Very well maintained 5 story building 8 Family
plus storefront walk up with Storefront 1,700 sq. ft on short term
lease (may be able to be delivered vacant plus additional 1,000
finished basement with it separate front entrances & back exit, 1/2
bath & high 10 ft ceiling, new ceramic floors, Heat & more! 22 ft
wide building by 69 sq ft deep!! Large private enclosed backyard!
Fire escape! Building approx. 10,779 total sq ft not including
basement! Property on a 21.92 ft x 102.08 ft lot size! Possible 2
vacancy above store! Owner recently finished & renovated entire
basement, Electric, Gas boiler & new Hot water system, Intercom
system, stairs & much more!!! Air rights of 1,834 still available
with potential to extend property and maximize usage. CAP rate with
projected upside potential! Low Real Estate taxes $ 14,127
annually! Fully 100% occupy building ALL tenant pays on time! Buy
today before prices skyrockets! Property is located in the section
of the Lower East Side currently converting to a new wave of
businesses consisting in restaurants, bars, cafes and retail. The
building is just 3 blocks away from Houston Street featuring Essex
common, the best dive bars, old school music venues, posh cocktail
lounges and hip restaurants the city has to offer. The Lower East
Side was once considered a grungy neighborhood, but over the past
couple of decades increasing numbers of NYU students and newcomers
to the city have settled there, bringing with them a more
mainstream vibe. Near trains, buses & much more!
The manager has listed the unit size as 10779 square feet.
The manager has listed the unit size as 10779 square feet.
Unit Size
10,779Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$417
Property Type
Property
Property Taxes
$15,000
HOA Dues
-
Year Built
1900
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Aug 28, 2023 | Sold to 286 Broome Ds Realty Llc, 2... | $2,550,000 | |
Sold to 286 Broome Ds Realty Llc, 2... | |||
Dec 26, 2021 | No longer available | - | |
No longer available | |||
Jul 7, 2021 | Price Decreased |
$4,500,000
↓ $1M
(18.2%)
|
|
Price Decreased | |||
Feb 22, 2021 | Listed | $5,500,000 | |
Listed |
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Condo
3
Beds
3
Baths
2,569 ft²
$1,752/ft²
$4,500,000
Jan 4, 2022
$4,500,000
Jul 2, 2022
$6,309/mo
Condo
3
Beds
4
Baths
2,405 ft²
$1,871/ft²
$4,500,000
Jun 16, 2023
$4,500,000
Feb 15, 2024
$6,666/mo
Condo
3
Beds
3
Baths
2,440 ft²
$1,967/ft²
$4,800,000
Mar 22, 2023
$4,800,000
Jul 17, 2023
$6,571/mo
Sold
Condo
3
Beds
3
Baths
2,907 ft²
$1,844/ft²
$5,360,000
Nov 1, 2023
$5,360,000
Mar 14, 2024
$15,320/mo
Condo
3
Beds
5
Baths
1,906 ft²
$2,293/ft²
$4,370,000
Jan 7, 2021
$4,370,000
Apr 25, 2022
$7,183/mo
Active
Multifamily
8
Beds
8
Baths
5,500 ft²
$676/ft²
$3,720,000
Jul 6, 2023
-
$3,189/mo
In Contract
Co-op
3
Beds
2
Baths
4,000 ft²
$1,249/ft²
$4,995,000
May 30, 2023
-
$5,000/mo
Active
Co-op
4
Beds
3
Baths
3,300 ft²
$1,362/ft²
$4,495,000
Oct 21, 2022
-
$6,162/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
01/20/2023
|
|
Loft
|
-
|
-
|
$3,900,000
Loft
-
|
$2,550,000
-34.62%
09/01/2023
|
-
|
Paul Schwartz
Brooklyn Real Property Inc.
|
06/01/2022
|
|
Loft
|
-
|
-
|
$4,180,000
Loft
-
|
-
05/24/2023
|
Zhongzh Chen
E House Realty & Mgt. Inc.
|
|
02/22/2021
|
|
Loft
|
-
|
10779 ft²
|
$5,500,000
Loft
-
10779 ft²
|
-
-
|
-
|
Jean P Ho
Brooklyn Real Property Inc.
|