---
title: "49 ORCHARD Street #RETAIL, New York, NY 10002"
description: "49 ORCHARD Street #RETAIL, New York, NY 10002 — NYC real estate listing on Real Estate Rebate Team. Priced at $3,000,000. Est. potential buyer savings up to $75,000 (subject to buyer-broker compensation received, lender approval, and applicable law)."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/49-orchard-street-retail-RETAIL-ny-10002"
source: "Real Estate Rebate Team"
---

# 49 ORCHARD Street #RETAIL, New York, NY 10002

> **Listing Courtesy of:** Douglas Elliman Real Estate

## Description

49 Orchard Street and 48 Allen Street comprise a rare block-throughretail condominium on the Lower East Side - one of the onlyproperties of this scale with simultaneous frontage on both OrchardStreet and Allen Street. The two units together offer 1,995 SF ofground-floor retail, with an additional 584 SF of elevator-connected,ADA-compliant cellar space on the Allen Street side.The property is 100% occupied by New Ealam under two leasesexpiring simultaneously in May 2027. At the current asking price of$3,000,000, the in-place cap rate is 6.46% - a strong current-incomeprofile for a Manhattan retail condo in a corridor with near-zerovacancy and demonstrably rising rents.The 2027 lease expiration is the investment thesis. A buyer todaysecures in-place income at 6.46%, with a clear path to mark-to-marketrents or owner-occupancy when both leases roll simultaneously.

## Property Details

- **Price**: $3,000,000
- **Potential Buyer Rebate**: $75,000
- **Bedrooms**: 0
- **Bathrooms**: 99 full, 2 half
- **Living Area**: 1,995 sqft
- **Property Type**: Residential
- **Building**: 49 ORCHARD Street
- **Neighbourhood**: Lower East Side
- **Area / Borough**: Manhattan
- **Subdivision**: Lower East Side
- **Listing Office**: Douglas Elliman Real Estate
- **State**: NY

## Estimated Potential Buyer Savings

Real Estate Rebate Team estimates potential buyer savings of up to **$75,000** at closing.

*Estimated by Real Estate Rebate Team. Subject to buyer-broker compensation received, lender approval, transaction terms, and applicable law. Not all listings qualify.*

## Related Links

- [Building details](https://realestaterebatesnewyork.com/buildings//buildings/new-york-city/manhattan/49-orchard-street)
- [Neighbourhood guide](https://realestaterebatesnewyork.com/neighborhoods//neighborhoods/new-york-city/manhattan/lower-east-side)
- [Calculate your exact cash back and book a showing here](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Regis Roumila for more details](https://realestaterebatesnewyork.com/contact)

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> This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

> This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.