Multi-family

Medical/Office Condo Portfolio in the Lower East Side – 44–46 Market Street

Address: 44–46 Market Street, New York, NY, 10002
Asking Price: $12,000,000
Sale Type: Condo – Investment or Owner-User
Available Spaces: 3 Commercial Condos
Smallest Space: 4,333 SF
Max Contiguous: 13,000 SF
Total Vacant Space in Building: 26,000 SF
Office/Medical Use Available: 13,000 SF
Asking Rent (Est.): $60.00/SF
Service Type: Modified Gross
Use Type: Medical Office, Professional Office, Community Facility

Property Overview:

44–46 Market Street offers a rare bulk sale of commercial condo units totaling up to 13,000 SF of contiguous, medical- or office-ready space, located in the rapidly developing Lower East Side/Chinatown corridor. This offering is ideal for institutional medical groups, nonprofit organizations, community facilities, or investors seeking large-scale, owner-controlled commercial space in one of Manhattan’s most active downtown districts.

Key Features:

✔ Flexible Space Options: Purchase individual units as small as 4,333 SF or combine up to 13,000 SF for a full-floor layout
✔ Ideal for Medical or Institutional Use: High ceilings, elevator access, ADA compliance potential, and adaptable interior configurations
✔ Vacant & Ready for Occupancy or Leasing: Perfect for immediate owner-user occupancy or lease-up for investment income
✔ Professional Building: Secure entry, well-maintained common areas, and a growing professional tenant base
✔ Attractive Modified Gross Structure: Predictable operating costs for tenants and stable income potential for investors

Strategic Location:

✔ Situated at the crossroads of the Lower East Side and Chinatown
✔ Close to East Broadway (F train), Grand Street (B, D), and multiple bus lines
✔ Near Lower Manhattan hospitals, public institutions, and a growing residential base

Investment Summary:

• Price: $12,000,000 (Condo Sale)
• Total Available SF: Up to 13,000 SF
• # of Units: 3 Commercial Condo Units
• Estimated Rent: $60/SF Modified Gross
• Vacancy: 26,000 SF of total available space in building
• Use Type: Medical, Office, Community Facility
• Zoning & Layouts Available Upon Request

Conclusion:

44–46 Market Street presents a unique opportunity to acquire expansive commercial condo space in a gentrifying downtown neighborhood. Whether you’re a healthcare group seeking a flagship clinical location, a nonprofit needing program space, or an investor assembling income-producing units—this offering combines scale, location, and long-term growth potential.

Contact us today for the full Offering Memorandum, floor plans, or to schedule a private tour.