$5,500,000
Updated 6 years ago
Off Market

286 Broome Street

Chinatown, Manhattan | Orchard Street & Allen Street

24 Rooms8 Beds8 Baths7,590 Square FeetIncome Property

$5,500,000
floors / apts5 / 8
Lot Size21'9"x102'1"
ZoneC4-4A
Building TypeLow-Rise
RE Taxes$14,364
Price Per SF
$725

Building Amenities

  • Voice Intercom

Property Description for 286 Broome Street

This 7,590 SF Building contains 8 residential apartments (8 One bedroom) and one 2,200 SF commercial space (including 1,000 SF Basement). Current ownership has been in place for 40+ years. The subject 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 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.

Listing History for 286 Broome Street

Now
11/11/2020
$5,500,000
Initial Price by Dave Krause
Compass
Launch

Building Details for 286 Broome Street

OwnershipIncome Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1900
Floors/Apts5/8
Learn More About the Building

Transit and Citi Bike

Subway

Grand St
0.12 miles
Delancey St-Essex St
0.17 miles
Bowery
0.18 miles
East Broadway
0.34 miles
2 Av
0.34 miles

Citi Bike

Delancey St & Eldridge St
0.06 miles
Forsyth St & Broome St
0.07 miles

Contact Agents

Contact Agents

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: 80103TH