174 Delancey Street is a 1920 pre war rental walk up in the Lower East Side with 22 residential apartments. The building has been substantially updated, including a new façade, waterproofing and repointing, renovated hallways, and gut renovations in select apartments. It also contains two retail spaces and a full basement, though the residential portion is centered on studio apartments.
Many apartments have southern exposures, exposed brick, and separate kitchen areas, with windowed kitchens and full size stainless steel appliances, including dishwashers in some layouts. Renovated interiors also feature recessed lighting, new floors, and occasional decorative fireplaces. Apartments in the rear building are oriented away from Delancey Street, while the compact walk up format places residences on the upper floors.
The building is pet friendly and has common area bike storage; guarantors are accepted and the approval process is described as straightforward. Tenants pay for electric heat, and the property has a new hot water storage tank. Essex Crossing is directly across Delancey Street, with Trader Joe's, a movie theater, bowling, shopping, and dining, while the Lower East Side Tenement Museum, Essex Street Market, and Citi Bike docks are also nearby.
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A.D. Real Estate Investors, Inc., founded in 1975, is a family-owned firm specializing in New York City rentals and retail. The company is known for its hands-on, full-service management approach, focusing on well-maintained rental properties.
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