$16,950,000
Updated 6 years ago
Off Market

43-45 Orchard Street

Chinatown, Manhattan | Hester Street & Grand Street

Income Property

$16,950,000
floors / apts7 / 13
Lot Size36'5"x66'
Building TypeLoft

Building Amenities

  • Voice Intercom
  • Elevator

Property Description for 43-45 Orchard Street

A seven story plus mezzanine mixed use elevator loft building located on Orchard Street. The building is currently configured with thirteen free market units and a retail unit. This is an excellent opportunity for an investor to receive a steady stream of cash flow from the in-place units in a rapidly growing neighborhood. There is further upside with the potential to convert the building to luxury condominiums.

Listing History for 43-45 Orchard Street

Now
12/21/2013
POM by Robert Burton
Cushman & Wakefield
10/17/2013
$16,950,000
Initial Price by Robert Burton
Cushman & Wakefield

Building Details for 43-45 Orchard Street

OwnershipIncome Property
Building TypeLoft
Service LevelVoice Intercom
AgePre-War
AccessElevator
Year Built1900
Floors/Apts7/13
Learn More About the Building

Transit and Citi Bike

Subway

Grand St
0.19 miles
East Broadway
0.19 miles
Delancey St-Essex St
0.22 miles
Bowery
0.31 miles
Canal St
0.47 miles

Citi Bike

Allen St & Hester St
0.04 miles
Orchard St & Grand St
0.07 miles

Contact Agents

Contact Agents

Robert Burton
Cushman & Wakefield
James Nelson
Cushman & Wakefield
Mitchell Levine
Cushman & Wakefield

Chinatown | Manhattan

Quick Profile

The roots of Chinatown are said to go back as far as 1858, with the arrival of Cantonese businessman, Ah Ken. Ah Ken made his fortune selling cigars and is thought to have set up the first boarding houses for Chinese immigrants.

Vibrant and bustling, in New York City’s Chinatown, you’ll find the biggest population of Chinese people in the Western Hemisphere. Although Chinatown was established mostly by Cantonese speakers, due to an influx of Fuzhounese speaking Chinese immigrants and Mandarin being the official language of China and Taiwan, Mandarin has become vital to the dynamic tableau that is Chinatown.

Centered around Chatham Square and Columbia Park, Chinatown is transportive yet quintessential New York. Traveling the cozy corridors of Chinatown, bask in the varied languages and cultural diaspora, uniquely American and yet universal. Witness the roots of a place where a community was allowed to grow within a community, a world within a world. See it in the statues, architecture, and signage throughout Chinatown. Smell it seeping out from the multitude of dim sum restaurants, noodle houses, and speakeasies that reside here. Pick up a bao and wander the markets for deals and explore the sometimes brutal historic sites. 

Chinatown is developing. Much of the lower-income housing once available in the area are being refurbished and sold. As a result, the community and its demographic makeup are diversifying. 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 51662TH