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    39-41 Eldridge St New York, NY 10002

    New
    For Sale
    $16,000,000

    Commercial Building, Low-rise - New York, NY

    Days on Market:
    4
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 39-41 Eldridge St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Garage

    Building Details

    Architectural style
    Other

    Compass

    Listing agent Daniel Chun

    Listing date Dec 2, 2025

    MLS# 11604071 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Building in New York

    Located in New York, NY, this five-story commercial building features a freight elevator. The building contains five commercial units suitable for office and retail use. The building has a square footage of 23,027 and dimensions of 50 x 100. The lot dimensions are 49.92' x 100.25'. The property's zoning is C6-1G, and it is classified as Predominant Retail with Other Uses (K4). The building is located between Canal Street and Hester Street. The property has an additional FAR of 7,045, allowing for the addition of up to 3 stories. The annual taxes are $192,515.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Food Market Clothing Store Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.993493
    Latitude
    40.715715

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    FAQs

    What type of property is this?
    Strip mall - Five-story commercial building with freight elevator in New York.
    Where is this strip mall located?
    The property is located at 39-41 Eldridge St New York, NY.
    What is the asking price?
    The asking price for this property is $16,000,000.
    What are key features of this property?
    This property features: - Prime location between Canal St and Hester St.; - **Significant Additional FAR (7,045 SF) allowing for up to 3 more stories.**; - Substantial building size: 23,027 SF.
    (908) 227-6877
    Request Owner's contact information
    39-41 Eldridge St New York, NY 10002
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    39-41 Eldridge St New York, NY 10002
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