286 Broome St

New York, NY 10002 View Map $2,750,000 Ask a Question
286 Broome St New York, NY 10002 | MLS 471311 Photo 1
286 Broome St New York, NY 10002 | MLS 471311 Map

Momentum Real Estate

(718) 382-0005

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Status: Sold
Property Type:Mixed Use
MLS #:471311
Sq. Feet:10,779
Date Sold:8/28/2023
Lot Size:2,238 Sq. Ft.
County:New York (Manhattan)
Broome & Allen-Manhattan Lower East side/Off Chinatown prime location! Original owner for 40 years! Very well maintained 5 story building 8 Family walk up plus 2 storefront with 1st Storefront 1,700 sq. ft with extension on short term lease (t plus additional 1,000 finished basement with it separate front entrances & back exit, 3/4 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, New updated Electric line, New gas line- 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 $ 16,434 annually! Leases expiring soon! DHCR plus OM & more information will be provided at showing with NDA signed first! 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!

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Price Change History

Date Old Price New Price Percent Change

Community Information

Address:286 Broome St, New York, NY 10002
Area:Lower East Side
County:New York (Manhattan)
City:New York
Zip Code:10002


Year Built:1900
Building Type: Attached
Construction Materials: Brick
Exterior: Brick
Walls: Plaster
Building Footprint Sq Ft: 1518
Building Dimension: 69.00 x 22.00
Roof: Rubber
Foundation: Poured Concrete
Basement Amenities: Finished, Full, Separate Entrance, Walk-in

Features / Amenities

Commercial Features Interior: Fire Sprinkler, Kitchen, Living Space Available, Lobby - Controlled Entry, Restrooms - Staff
Flooring: Ceramic, Hardwood, Laminate, Linoleum, Tile
Lavatories: 4+
Commercial Features Exterior: Fence - Full, Sprinkler - Underground
Heat Delivery: Steam/Radiator
Heating Fuel: Gas
Hot Water: Electric, Gas, Hot Water Coil in Boiler

Property Features

Lot Size: 2,238 Sq. Ft.
Lot Number: 30
Yard: Front, Side
Electric: Circuit Breakers

Tax and Financial Info

Financing: 1031 Exchange, Assumption, Bank Mortgage, Cash
Tax: $15,000
Fuel Expenses: $8,008
Insurance Expense: $4,000



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Listing Information Last Updated 9/21/2023
Listing provided courtesy of Brooklyn Real Property Inc..
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than Momentum Real Estate are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.
Property Summary:
Home for sale at .

Description: The home at 286 Broome St New York, NY 10002 with the MLS Number 471311 is currently listed at $2,750,000 and has been on the New York market for 244 days.


List Price: $2,750,000

You are viewing the MLS property details of the home for sale at 286 Broome St New York, NY 10002, which includes 0 bedrooms, 0 bathrooms and has approximately 10779 sq.ft. of living area.