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Mixed-Use Building With Retail
For Sale
Contact for pricing
Pending

85 Pitt St, New York, NY 10002

Six-story walkup combining residential apartments, ground-floor retail, renovated common areas, and a shared backyard patio.

Property Size14,280 SF
Days on Market144

Property Features for 85 Pitt St

General Information

Standard status Pending
Size 14,280 SF
Elevators No
Property subtype Mixed Use

Additional Details

Opportunity Zone Yes
Public Transit Yes
Multifamily Units 21

Amenities

laundry room
communal backyard patio

Building Details

Buildings 1
Stories 6
Tenancy Multi
Listing Agency: Brax Realty Group LLC
Listed By: Michael Ferrara · License #ny 10491208241
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Sep 1 at 7:52PM

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 Brax Realty Group LLC

Investment Insights

Based on property information with market context.

This six-story walkup is a mixed-use property measuring approximately 14,280 SF, with 21 apartments and three retail stores. The 51-foot-wide building has received extensive upgrades, including modern glass storefronts and signage, apartment intercoms, a laundry room, security equipment, a gas-converted boiler, and renovated façade, lobby, and interior hallways. A communal backyard patio with a mural serves the residential component, while the roof provides views and may accommodate a shared roof deck.

The property occupies a Lower East Side position on Pitt Street between Rivington and Stanton Streets. Essex Crossing is a six-minute walk away, and the F, M, J, and Z subway services are accessible within an eight-minute walk at Essex Street and Delancey Street. The building is within an Opportunity Zone and is near four schools, the NYPD’s 7th Precinct, and FDNY Ladder 18.

Key Highlights

  • Approximately 14,280 SF across a 51’ wide, 6 story walkup
  • 21 apartments and 3 retail stores
  • Three rent stabilized apartments within the 21‑unit residential component

Property Analytics

Current Use

Kennedy Chicken Take-out & Catering No Fee 2 ... Hotel & Motel

Suggested Use

Top Pick Nursing Home Pet Grooming Service (Bike/Boat/Book/etc) Store Buffet Restaurant Clothing & Fashion Store

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

21
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

12,691
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

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Six-story walkup combining residential apartments, ground-floor retail, renovated common areas, and a shared backyard patio.
Where is this mixed-use property located?
The property is located at 85 Pitt St New York, NY.
What are key features of this property?
This property features: Approximately 14,280 SF across a 51’ wide, 6 story walkup; 21 apartments and 3 retail stores; Three rent stabilized apartments within the 21‑unit residential component
(646) 668-4803 Call to check price and availability
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