Contacts
Avison Young - US - NY - New York
Avison Young - US - NY - New York
Avison Young - US - NY - New York
Avison Young
Property Details
- Property Type Other
- Property Size 11,562 SF
- Date Updated Jul 14, 2025
Avison Young, as exclusive agent, is pleased to offer for sale 109 Eldridge Street (the “Property”), a six-story mixed-use walk-up building located on the west side of Eldridge Street between Broome Street and Grand Street in the heart of Manhattan’s Lower East Side.
The Property comprises twenty (20) residential units over two (2) ground-floor retail spaces across 11,562± square feet. Of the residential units, nine (9) are free market, nine (9) are rent stabilized, and two (2) are rent controlled. Of the rent stabilized units, three (3) are achieving market rent from taking possession of a rent controlled unit and unit combinations. While the units are well maintained, there is room to grow the rents in all the free market units through light cosmetic renovations and future upside with recapturing the rent controlled units.
Reach out to the broker for more info on lease terms and amenities
Highlights
- Prime Bustling LES Location
- Proximity to the B D F M J Z Subway Lines
- Strong In-Place Cash Flow
- Value-Add Potential
Getting around
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100/100
Walk Score ®
-
100/100
Transit Score ®
-
96/100
Bike Score ®
Location
- City New York, NY
- Neighborhood Lower East Side
- Zip Code 10002
- Market Manhattan
Points of Interest
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Delancey Street
0.21 miles
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East Broadway (F)
0.29 miles
-
Allen St & Houston St
0.36 miles
-
Spring Street
0.38 miles
-
1 Avenue & Houston St
0.39 miles
-
Second Ave (F,V)
0.40 miles
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Houston Street & Lafayette Street at Southeast Corner
0.49 miles
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Houston Street & Lafayette Street at Northeast Corner
0.50 miles
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Houston Street & Crosby Street at Northeast Corner
0.52 miles
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Bleecker Street & Mulberry Street at Southeast Corner
0.53 miles
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Tesla Supercharger
0.08 miles
-
Blink
0.08 miles
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ChargePoint
0.96 miles
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BP
1.49 miles
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Mobil
1.55 miles
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Emporium
1.86 miles
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Citgo
2.05 miles
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Sunoco
2.13 miles
-
Gulf
2.32 miles
-
Christie Garage
0.12 miles
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Delancey & Essex Municipal Garage
0.22 miles
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iPark
0.23 miles
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Edison Park Fast
0.37 miles
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88 Madison Street Parking
0.47 miles
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Village View Parking Area 1
0.62 miles
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Village View Parking Area 3
0.62 miles
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Edison ParkFast
0.63 miles
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Village View Parking Area 2
0.64 miles
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Park Fast
0.81 miles
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The Allen Hotel
0.08 miles
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Moxy
0.12 miles
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Sago Hotel
0.15 miles
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World Hotel
0.15 miles
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Sohotel
0.16 miles
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U.S. Pacific
0.16 miles
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Wyndham Garden Chinatown
0.18 miles
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Hotel MB
0.18 miles
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citizenM
0.18 miles
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Manhattan Bowery Lodge
0.20 miles
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Tan Tin Hung Supermarket
0.13 miles
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Super A Mart
0.16 miles
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Food Stop
0.20 miles
-
Hong Kong Supermarket
0.20 miles
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iFresh Market
0.23 miles
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Po Wing Hong Food Market
0.25 miles
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FMN General Store
0.26 miles
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Christmas in New York
0.28 miles
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East Broadway Mall
0.31 miles
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Chinatown Supermarket of Manhattan
0.31 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
