39-41 Eldridge Street, New York, NY 10002

39-41 Eldridge Street is a five-story commercial building configured with four floor-through commercial spaces over ground-floor retail. The property’s existing scale and floorplate layout are designed to support flexible commercial operation, with the improvements also positioned for redevelopment or a condominium conversion scenario.

Situated in Manhattan’s Chinatown/Lower East Side corridor on Eldridge Street, the property is described as benefiting from immediate neighborhood demand and connectivity. The remarks note close proximity to Essex Crossing and Sara D. Roosevelt Park, along with dining, grocery, and retail options. Transit access is highlighted with multiple nearby subway lines, including the B/D, J/Z, F, N/Q/R/W, and 6.

For buyers and operators, the building is presented as a candidate for a boutique condo conversion, leveraging existing south-facing windows on the 4th and 5th floors and noting the potential to add additional north-facing windows on all floors. The property also carries preliminary zoning analysis indicating potential for additional buildable square footage/FAR, subject to full architectural and zoning review, DOB approvals, and all applicable regulations. Whether the next step is continued commercial use, a condo conversion with a retail or community-facility component, or a redevelopment plan requiring approvals, the asset offers a clear platform for planning decisions.