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162 Orchard St

Lower East Side, New York, NY
Total Size
11,867 sqft
Lot Size
2,200 sqft
Year Constructed
Year Renovated
Number of Buildings

About 162 Orchard St

Featuring a total of 11,870 square feet of space, the property at 162 Orchard Street in Manhattan's Lower East Side is a seven-story walk-up building containing office space within its walls. It was built in 1930 and retains its historic charm to this day.

This is more than just an office buildingÑthis property is vented for restaurant use and features a basement below ground level perfect for the storage and preparatory needs of an eatery. The location is near subway lines and cabs frequent the area, making it accessible for businesspeople and clients alike. It is conveniently located near to the Williamsburg Bridge, making access to and from Long Island a snap.

Businesses in the market for space in a commercial office building should give some thought to settling down in this ideal location. With a building internet speed of up to 100mbps, companies who set up shop in this New York City locale can stay connected with ease.

Those who utilize the available office space in this building will find the high ceilings and many windows a means of opening up the building to the tree-lined outside. The units inside this property have a spacious, open feel, making them ideal for use by a modern business that values openness and ease of interoffice communication.

The rich red brickwork of the exterior of the building at 162 Orchard Street is complemented by large windows facing the street on every floor. The building stands staunchly and maintains its stoic historic charm in a neighborhood known for its pre-war architecture while still retaining a modern-day feeling inside its walls.

Internet Providers for 162 Orchard St

Provider Technology Max Download Speed Max Upload Speed
Time Warner Cable Cable
100 Mb/s
6 Mb/s
MegaPath DSL
25 Mb/s
1.5 Mb/s
Verizon New York DSL
10 Mb/s
1.5 Mb/s

The Neighborhood: Lower East Side

Most listings are in the $100's per square foot per year. The Lower East Side region is going through a decrease in rates. In the last 3 months, the median rate fell $25 per sqft per year. That's a 19% decline in rent.

Compared to the rest of the New York City market, the Lower East Side region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.

Median Rate Median Size
Lower East Side $107
Median Rate Median Size
New York City $65

Median Rate over Time in Lower East Side