165 Eldridge Street

Lower East Side

$21,000,000
Price
20
Beds
20
Baths
32,700 Sq. Ft.
$642 / Sq. Ft.
32,700
Sq. Ft.
$642
per Sq. Ft.

Description

∗∗ EMAIL FOR FULL SET UP ∗∗ Mixed-use, 32,700SF free-market elevator building with 18 Residential Units and 1 Retail Unit with 4.4% CAP Rate∗∗


Compass has been retained exclusively to arrange for the sale of 165-167 Eldridge Street, which is a mixed-use elevator building in the Lower East Side.


The building measures 50 feet by 100 feet and is built full on the C4-4A zoned lot. This 32,7000 SF Building contains 18 residential apartments (12 - 1brs, 4 - 2br’s, 2 - 3brs) and one 15,000 SF commercial space.
...∗∗ EMAIL FOR FULL SET UP ∗∗ Mixed-use, 32,700SF free-market elevator building with 18 Residential Units and 1 Retail Unit with 4.4% CAP Rate∗∗



Compass has been retained exclusively to arrange for the sale of 165-167 Eldridge Street, which is a mixed-use elevator building in the Lower East Side.



The building measures 50 feet by 100 feet and is built full on the C4-4A zoned lot. This 32,7000 SF Building contains 18 residential apartments (12 - 1brs, 4 - 2br’s, 2 - 3brs) and one 15,000 SF commercial space. Current ownership has been in place for 25+ years.



The subject property is located in the section of the Lower East Side that is leading the transformation from older businesses to a new generation of restaurants, retail and bars. The building is located in an enclave between Delancy and Rivington Street that is still unchanged compared to other sections of the Lower East Side.



Four blocks from the subject property is Essex Crossing, an unprecedented development compromising of 1.9 Million square feet of residential, commercial, and community space. The nine sites on six acres, commonly known as Seward Park Extension Urban Renewal Area (SPEURA), have sat mostly vacant since 1967 and represent of the most significant urban renewal developments in the history of New York City. Phased construction began in 2015 and is expected to be completed by 2024.

Amenities

  • Common Roof Deck
  • Common Outdoor Space
  • Elevator
  • Washer / Dryer
  • Laundry Room in Building
  • Voice Intercom
  • Midrise

Location

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LISTING UPDATED: 05/25/2020 02:13 PM

Property Details for 165 Eldridge Street

StatusTemporarily Off Market
Days on Market114
Taxes$35,336 / month
Maintenance-
Min. Down Pymt-
Total Rooms40.0
Compass TypeMulti Family
MLS TypeSingle Family
Year Built2002
Lot Size5,029 SF / 50' x 100'
CountyNew York County

Building

165 Eldridge St

18 Units8 StoriesBuilt in 2002

Location

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Building Information for 165 Eldridge Street

Stories8Year Built2002Building Size50' x 100'Building Sq. Ft40,000 SFLot Size5,029 SF / 50' x 100'Building AgePost-warBuilding TypeLowriseSenior Community-

Payment Calculator

$149,942 per month

30 year fixed, 7.25% Interest

Principal and Interest

$114,606

Property Taxes

$35,336

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property History for 165 Eldridge Street

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 165 Eldridge Street

Taxable ValueLand-Additions-Total-
Home Facts
APN1004200068

Schools near 165 Eldridge Street

This home is within New York City Geographic District # 1.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - PK to 5
Public - PK to 5
Rating
School
Distance
P.S. 142 Amalia Castro
PublicPK to 5

Neighborhood School
PublicPK to 5

S.T.A.R. Academy - PS 63
PublicPK to 5

P.S. 20 Anna Silver
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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