Search
Mixed-Use Building with Private Outdoor Space

165 Eldridge St, New York, NY 10002

For Sale
Contact for pricing

A multi-unit residential component is paired with two leased commercial spaces on Manhattan’s Lower East Side.

Property Size32,700 SF
Lot Size0.12 Acres
Days on Market33

Property Features for 165 Eldridge St

General Information

Standard status Active
Size 32,700 SF
Lot size 0.12 Acres
Property subtype Multifamily

Site & Location

Neighborhood Downtown
Public Transit Yes

Units

Unit Mix 12 x 1BR, 4 x 2BR, 2 x 3BR
Multifamily Units 18

Additional Details

Tenant in Place Yes

Building Details

Year Built 2002
Buildings 1
Listing Agency: Cushman & Wakefield New York
Listed By: Dylan Walsh · License NY #10401384207
Source: Crexi
Added: Oct 8 Changed: Nov 8 Last Checked: Nov 8 at 4:38PM

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 Cushman & Wakefield New York

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Built in 2002, this 32,700-square-foot mixed-use building contains 18 apartments and two commercial units. Residential space totals approximately 17,700 square feet, while the commercial portion comprises approximately 15,000 square feet. The apartments include 12 one-bedroom, four two-bedroom, and two three-bedroom layouts, averaging approximately 833 square feet. Units 2C and 2D have private terraces; units 6A and 6B include private decks.

The commercial spaces are leased on recently signed 10-year terms. The Church of Jesus Christ of Latter-day Saints occupies approximately 5,669 square feet above grade and 4,828 square feet below grade. Daniel's Leather occupies the second-floor office space.

The property sits at 165 Eldridge Street, between Delancey and Rivington Streets. Delancey Street–Essex Street station serves the F, J, M, and Z trains, while Grand Street station serves the B and D. The Williamsburg Bridge is also nearby.

Key Highlights

  • 32,700‑square‑foot building with 18 residential units and 2 commercial units
  • Residential space totals approximately 17,700 square feet; commercial space totals approximately 15,000 square feet
  • Apartment mix: 12 one‑bedroom, 4 two‑bedroom, and 2 three‑bedroom units

Property Analytics

Current Use

Lumora Goods Home Decor Store Chinese American Planning ... Community Center

Suggested Use

Top Pick Nursing Home Pet Grooming Service Buffet Adult Day Care Clothing & Fashion Store Parking Lot & Garage

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

Lease Details

18
Residential units

Location Intelligence

Trade Area within ½ mile

24,917
Businesses Nearby

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

Average Price Trend$/SF for Mixed-use properties in New York, NY

$922 Jul
$1,020 Aug
$1,182 Sep
$1,172 Oct

Properties on Market for Mixed-use properties in New York

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A multi-unit residential component is paired with two leased commercial spaces on Manhattan’s Lower East Side.
Where is this mixed-use property located?
The property is located at 165 Eldridge St New York, NY.
What are key features of this property?
This property features: 32,700‑square‑foot building with 18 residential units and 2 commercial units; Residential space totals approximately 17,700 square feet; commercial space totals approximately 15,000 square feet; Apartment mix: 12 one‑bedroom, 4 two‑bedroom, and 2 three‑bedroom units
(718) 307-6517 Call to check price and availability
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved