Retail Space
296 Elizabeth Street New York, NY 10012
Details & Description
Price: $2,600,000
    An excellent opportunity for an investor looking for real estate that will appreciate and provides a thriving income while requiring little on-site management. Investments under four million dollars in this very desirable neighborhood are rare.  Also available is the entire second floor and half of the third floor. These will be sold only at the same time as the sale of the first floor and basement. The second floor has an office unit in the front (2F) and in the rear (2R) is a unit that is currently being used as a residence. The unit on the third floor in the rear is being used as a pied-a-terre by the owner. (The second floor rear apartment is owned by another who does want to sell. The price may be negotiable.)See Brochure for more info.Ian MathesonSPiRALNY Real EstateOne Rockefeller Plaza(917) 749-5659
    Property Highlights
     Co-op Units’ RE taxes remain the same after sale because taxes on Co-op units are based on rental income– n
     This building does NOT have an underlying mortgage which means lower maintenance payments and no percentage of underlyi
    Additional Photos
    Listing Agents
    Ian Matheson

    M: 917-749-5659
    ian@spiralny.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    296 Elizabeth Street

    New York, NY 10012

    Listing ID: 299214
    • 296 Elizabeth Street New York, NY 10012 | for Sale | Photo 1
    • 296 Elizabeth Street New York, NY 10012 | for Sale | Photo 2
    • 296 Elizabeth Street New York, NY 10012 | for Sale | Photo 3
    • 296 Elizabeth Street New York, NY 10012 | for Sale | Photo 4
    296 Elizabeth Street | for Sale | Thumbnail 1
    296 Elizabeth Street | for Sale | Thumbnail 2
    296 Elizabeth Street | for Sale | Thumbnail 3
    296 Elizabeth Street | for Sale | Thumbnail 4
    Building Size: 1,900 SF
    Lot Size: --
    Land Size: --
    Building $/SF: $1,368.42
    Land $/SF:
    Price
    $2,600,000
    Property Highlights
    Co-op Units’ RE taxes remain the same after sale because taxes on Co-op units are based on rental income– n
    All units in the building are investor owned.
    No Board approval for uses in compliance with zoning
    No limit or approvals required for renting units
    This building does NOT have an underlying mortgage which means lower maintenance payments and no percentage of underlyi
    Description

    An excellent opportunity for an investor looking for real estate that will appreciate and provides a thriving income while requiring little on-site management. Investments under four million dollars in this very desirable neighborhood are rare.  

    Also available is the entire second floor and half of the third floor. These will be sold only at the same time as the sale of the first floor and basement. The second floor has an office unit in the front (2F) and in the rear (2R) is a unit that is currently being used as a residence. The unit on the third floor in the rear is being used as a pied-a-terre by the owner. (The second floor rear apartment is owned by another who does want to sell. The price may be negotiable.)

    See Brochure for more info.

    Ian Matheson

    SPiRALNY Real Estate

    One Rockefeller Plaza

    (917) 749-5659

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    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    New York History of Retail Space for Sale

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    New York Area Market Trends

    Listing Demographics for 296 Elizabeth Street New York, NY 10012

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population254,2461,067,8452,583,629
    Population Median Age413838
    Population by Age0-9 Yrs14850 (5%)102763 (9%)268811 (10%)
    10-19 Yrs20052 (7%)80800 (7%)213262 (8%)
    20-29 Yrs53758 (21%)212782 (19%)469191 (18%)
    30-39 Yrs48547 (19%)237721 (22%)533081 (20%)
    40-49 Yrs29346 (11%)136320 (12%)335136 (12%)
    50-59 Yrs30210 (11%)107207 (10%)284150 (10%)
    60-69 Yrs27639 (10%)91678 (8%)231345 (8%)
    70+ Yrs29844 (11%)98573 (9%)248653 (9%)
    Median HH Income$91,369$110,683$94,047
    Total Household Income< 24K26835 (21%)86691 (16%)206974 (17%)
    25-49K15281 (12%)58804 (11%)152568 (13%)
    50-74K12953 (10%)47762 (9%)131528 (11%)
    75-99K10433 (8%)44944 (8%)116831 (10%)
    100-199K28169 (22%)132598 (25%)295000 (25%)
    200K+30131 (24%)140980 (27%)257273 (22%)
    Highest Education LevelNo Diploma2883478295215104
    Diploma or GED2034983213290041
    Some College1413465429187316
    Assoc. Degree64212525779734
    Bachelors Degree75742307726633956
    Higher Degree52800252240533818
    Total Housing Units141,859591,2551,330,986
    --Owner-Occupied27,142128,463308,563
    --Renter-Occupied96,661383,315851,610
    Owner-Occupied Values< 100K121447429676
    100-199K50430827716
    200-299K714306913419
    300-399K626474618024
    400-499K953706019070
    500K+23131105765240659
    Total Working Age Population231,339920,7462,185,801
    In Work Force150,955656,8801,529,790
    Not In Work Force80,384263,866656,011
    Workforce Employed143,827625,9481,450,452
    Workforce Unemployed7,10330,72178,754
    Civlian Workforce150,930656,6691,529,206
    Military Workforce25211584
    Total Households123,803511,7781,160,173
    Family Households46,394208,476547,644
    Non-Family Households77,409303,302612,529
    Married Couple33,969157,168382,512
    Other Family12,42551,307165,133
    Married w/Child9,99259,760152,848
    Single Male w/Child9204,33114,087
    Single Female w/Child3,55716,08652,068

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    New Jersey8,414,350+48,791,894+49,132,700+49,530,900
    Hudson County608,975+4634,266+12708,100+6747,400
    New York18,976,457+219,378,102+420,146,131+220,604,030
    Queens County2,229,37902,230,722+92,436,549+52,565,268
    Kings County2,465,326+22,504,700+92,738,283+52,863,996
    New York County1,537,195+31,585,873+61,688,894+21,727,631

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 296 Elizabeth Street in New York?
    The asking price for 296 Elizabeth Street is $2,600,000
    What is the building size of this Retail property in New York, NY?
    The size of the building/unit at 296 Elizabeth Street in New York is 1,900 square feet
    What kind of Retail is the propery at 296 Elizabeth Street?
    The property at 296 Elizabeth Street New York, NY 10012 is listed as a Other Retail Retail property
    What is the population within 1 mile of 296 Elizabeth Street in New York?
    The population within 1 mile of 296 Elizabeth Street New York, NY 10012 is 254,246 people.
    Who do I contact for questions about 296 Elizabeth Street?
    You should contact the listing agent, Ian Matheson, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    La Guardia Airport (LGA) 7
    Newark Liberty International Airport (EWR) 9
    John F Kennedy International Airport (JFK) 13