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Lower East Side Retail Condo
For Sale
Contact for pricing
Pending

150 Rivington St, New York, NY 10002

Multi-tenant retail condo with long-term cash-flow in place.

Property Size12,113 SF
Days on Market756

Property Features for 150 Rivington St

General Information

Standard status Pending
Size 12,113 SF
Property subtype Retail
Listing Agency: RIPCO Real Estate
Listed By: Stephen R. Preuss · License #NY
Source: Crexi
Added: Jul 9, 2024 Changed: Jul 6 Last Checked: Jul 24 at 2:52PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RIPCO Real Estate

Investment Insights

Based on property information with market context.

The retail condominium, situated on the ground floor of 150 Rivington Street in the Lower East Side of New York, is available for sale. Located in a desirable New York City neighborhood, the property consists of a multi-tenant retail condo divided into four spaces. One space is currently occupied by Go Puff through September 2026, with one 5-year option. The property features 8,194 square feet of above-grade space and 3,919 square feet of legal sellable, below-grade space, totaling 12,113 square feet. The remaining spaces in the condo are currently vacant, offering an investment opportunity in a sought-after market with existing cash flow. The property is located near high-traffic corridors such as Essex Street, East Houston Street, and Delancey Street, and is surrounded by national and local retailers, including Shake Shack, Essex Market, Duane Reade, and McDonald's, as well as bars and restaurants like Sonnyboy, Katz’s Delicatessen, Donnybrook, and Remedy Diner.

Key Highlights

  • Located in a highly desirable neighborhood in New York City (Lower East Side).
  • Multi‑tenant retail condo with existing cash flow from Go Puff (lease through September 2026 with a 5‑year option).
  • Significant square footage: 8,194 SF above‑grade and 3,919 SF legal sellable below‑grade space.**

Property Analytics

Current Use

150 Rivington Street ... Condominium Complex Leah Kaufman Nutrition, ... Medical Clinic Brentson LLC Hardware & Home Improvement

Suggested Use

Top Pick Nursing Home Auto Parts Store Pet Grooming Service Buffet (Bike/Boat/Book/etc) Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

19,434
Businesses Nearby
15k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Citibank Shops & Services
15,431 visits/mo 0.3 miles

Demographics for 10002, NY

82,155
Population
39,646
Households
2.1
Avg Household Size
41
Median Age
39%
College-Educated
71%
High-School Grad
0.8 sq mi
ZIP Area
102,694
Density / Sq Mi
$46,525
Median Household Income
$51,425
Median Earnings
$1,207
Median Rent
$808,500
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Multi-tenant retail condo with long-term cash-flow in place.
Where is this retail space located?
The property is located at 150 Rivington St New York, NY.
What is the asking price?
The asking price for this property is $7,900,000.
What are key features of this property?
This property features: Located in a highly desirable neighborhood in New York City (Lower East Side).; Multi‑tenant retail condo with existing cash flow from Go Puff (lease through September 2026 with a 5‑year option).; Significant square footage: 8,194 SF above‑grade and 3,919 SF legal sellable below‑grade space.**
More about this property
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