$5,500,000
Updated 3 years ago
Off Market

141 Allen Street

Lower East Side, Manhattan | Delancey Street & Rivington Street

7 Beds4 Baths6,938 Square FeetIncome Property

$5,500,000
floors / apts6 / 4
Lot Size20'x70'
Built Size20'x70'
Building TypeTownhouse
RE Taxes$20,560
Price Per SF
$793

Outdoor space and views

  • Balcony

Building Amenities

  • Voice Intercom
  • Roof Deck

Property Description for 141 Allen Street

Cushman & Wakefield has been retained exclusively to sell 141 Allen Street. It is a 6,938 SF, six-story mixed-use walk up building with 4 apartments, and 2 commercial spaces. The property is located on the west side of Allen Street between Delancey and Rivington Streets.
The commercial space is a fully built out spa across three floors (triplex). There is 1,170 NSF on the garden level (9’ ceilings),
1,170 NSF on the parlor level (9’ ceilings), and 540 NSF on the 2nd floor. The 2nd floor also has a 720 NSF 1BR/1BA. The 3rd floor has a floor through 720 NSF 2BR/1BA apartment with a 300 SF (20’ x 15’) private outdoor space in the rear and a balcony in the front. The 4th floor has a floor through 720 NSF 2BR/1BA apartment with private balconies in both the front and rear. The 5th and 6th floors have a 900 NSF 2BR/1BA duplex penthouse with a private 120 SF (20’ x 6’) roof deck and balconies in the front and rear. There is a 5th floor 320 SF common roof deck on the for all the residential tenants. The commercial space is currently vacant. The building is Tax Class 2A, which is a protected tax class and limits tax increases year over year.

Listing History for 141 Allen Street

Now
12/26/2023
POM by Maurice Suede
Cushman & Wakefield
09/14/2023
$5,500,000 [-$400,000] [6.8%]
Price Drop by Maurice Suede
Cushman & Wakefield

Building Details for 141 Allen Street

OwnershipIncome Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1899
Floors/Apts6/4
Learn More About the Building

Transit and Citi Bike

Subway

Delancey St-Essex St
0.16 miles
Bowery
0.2 miles
2 Av
0.21 miles
Grand St
0.24 miles
Spring St
0.39 miles

Citi Bike

Allen St & Rivington St
0.01 miles
Delancey St & Eldridge St
0.1 miles

Contact Agents

Contact Agents

Maurice Suede
Cushman & Wakefield
Michael DeCheser
Cushman & Wakefield
Bryan Hurley
Cushman & Wakefield

Lower East Side | Manhattan

Quick Profile

Bursting with energy at every turn, the Lower East Side is one of the most historic neighborhoods in all of Manhattan. Rooted in immigrant history, the bulk of European and Eastern European migration that occurred in the late nineteenth through the early twentieth century took place here, where the Tenement Museum remains one of the best ways to become acquainted with how early residents of the neighborhood lived.

The unique and eclectic mix of building styles--ranging from low- and high-rises to luxury and historic buildings--begins immediately upon entering the area via the Manhattan or Brooklyn Bridge, known as Two Bridges, itself a neighborhood that has also long been known for its immigrant population. With its historic district placed in the National Register of Historic Places, many of its oldest churches, such as Mariners Temple and St. James Church remain a preserved part of the district’s storied past. 

While the LES has long been a hub for aspiring musicians and artists, the area has increasingly transformed its demographic as it welcomes a more affluent sect of residents with the advent of condos and luxury spaces.

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: 91287TH