This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

29 Essex St

10 Unit Block of Flats £2,506,757 (£250,676/Unit) 5.01% Net Initial Yield New York, NY 10002

INVESTMENT HIGHLIGHTS

  • Transit Oriented Location
  • Upside Potential
  • Exceptional Demographics
  • Commercial Tenants
  • Superior Market

EXECUTIVE SUMMARY

Horvath & Tremblay is pleased to present the exclusive sale of 29 Essex Street, a ten (10) unit mixed-use investment property located in the Lower East Side neighborhood of New York, New York (the “Property”). 29 Essex Street is a five-story brick building that contains two commercial units on the ground floor and eight (8) 1-Bedroom/1-Bathroom residential units in a 5,500 square foot building on a 0.03-acre parcel. The Property is situated in an incredible urban infill location in the Lower East Side neighborhood of Manhattan. 29 Essex Street is positioned in between Hester Street and Grand Street and is across the street from Seward Park and a short walk from Essex Crossing, a dynamic multi-property neighborhood development located at the intersection of Delancey Street and Essex Street. The Property enjoys convenient access to the MTA bus line, several subway stations, the Manhattan and Williamsburg Bridges, and the city’s highways. The Property is 500 feet from Canal Street and 0.2-miles from Delancey Street, two of the area’s primary commercial corridors, and enjoys convenient access to area amenities including countless restaurants, retailers, businesses, and service tenants. The Property is close to several area parks and schools and is 1-mile from the Brooklyn Bridge, 1.2-miles from New York University (NYU), and just a short walk from popular neighborhoods including Bowery, SOHO, NOLITA, Financial District, and Greenwich Village. 29 Essex Street offers the rare opportunity to acquire a ten (10) unit mixed-use asset in one of the country’s best performing real estate markets.

PROPERTY FACTS

Price £2,506,757
Price Per Unit £250,676
Sale Type Investment
Net Initial Yield 5.01%
No. Units 10
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Building Class C
Lot Size 0.03 AC
Building Size 5,500 SF
Number of Floors 5
Year Built 1910
Walk Score®
Walker's Paradise (100)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (97)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0310-0031
Land Assessment
£204,089
Improvements Assessment
£209,529
Total Assessment
£280,680

ZONING

Zoning Code C6-2
C6-2
  • Listing ID: 34739865

  • Date on Market: 06/02/2025

  • Last Updated:

  • Address: 29 Essex St, New York, NY 10002

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}