Skip to main content

Multifamily

135 Eldridge Street

135 Eldridge St, New York, NY 10002

Listing Price: $14,250,000

Cap Rate
5.70%
Number of Units
30
GRM
14.44
Price/Unit
$475,000
Price/Gross SF
$658.26
Gross SF
21,648

Investment Overview

Marcus & Millichap is pleased to exclusively offer 135 Eldridge Street, a 6-story, mixed-use building located on the west side of Eldridge street between Broome Street and Delancey Street. This property is comprised of approximately 21,648 square feet with 50’ of street frontage. The building is 50’ x 88’ and sits on a 50.5’ x 100’ lot (Block: 419; Lot: 66). The property is zoned C6-2A, C4-4A and has 8,753 of untapped air-rights.

Investment Highlights

  • 30-Unit, Mixed-Use, 6-Story, Walk-Up Property Spanning 21,648 Square Feet with 8,753 Additional Square Feet of Unused Air-Rights .
  • After Purchasing This Property, Ownership Underwent a Significant Renovation of the Asset, Completely Transforming and Upgrading all Aspects of the Building.
  • Ideally located in the Lower East Side on the border of NoLita , this property is surrounded by high-energy nightlife, shopping, and a strong restaurant scene.

Exclusively Listed By

Financing By

Multifamily

135 Eldridge Street

Listing Price: $14,250,000

Cap Rate
5.70%
Number of Units
30
GRM
14.44
Price/Unit
$475,000
Price/Gross SF
$658.26
Gross SF
21,648

Investment Highlights

  • 30-Unit, Mixed-Use, 6-Story, Walk-Up Property Spanning 21,648 Square Feet with 8,753 Additional Square Feet of Unused Air-Rights .
  • After Purchasing This Property, Ownership Underwent a Significant Renovation of the Asset, Completely Transforming and Upgrading all Aspects of the Building.
  • Ideally located in the Lower East Side on the border of NoLita , this property is surrounded by high-energy nightlife, shopping, and a strong restaurant scene.

Investment Overview

Marcus & Millichap is pleased to exclusively offer 135 Eldridge Street, a 6-story, mixed-use building located on the west side of Eldridge street between Broome Street and Delancey Street. This property is comprised of approximately 21,648 square feet with 50’ of street frontage. The building is 50’ x 88’ and sits on a 50.5’ x 100’ lot (Block: 419; Lot: 66). The property is zoned C6-2A, C4-4A and has 8,753 of untapped air-rights.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower