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5 Eldridge St New York, NY 10002

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Mixed-use building with commercial and residential units in vibrant neighborhood.

Type:Mixed Use
Property size:
8,768 SF
Added:
Feb 1, 2021
Days on Market:
1904
Last Refresh:
Mar 17 at 1:14 pm

Property Features for 5 Eldridge St

General Information

Standard status
Active
Size
8,768 SF
Property subtype
Mixed Use

Building Details

Year Built
1900

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Listing Contact
Ilya Kulichkin

Listing agent Ilya Kulichkin License #NY 10401310377

Listing office eXp Realty

Listing date Feb 1, 2021

Source Crexi

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 eXp Realty


Overview

Mixed-Use Building in Prime Location

Located between Canal and Division Streets, this mixed-use building spans 8,370 square feet and features 6 commercial and 8 residential units. Constructed around 1900, the 6-story building is situated in an area with heavy foot traffic, close to shops, cafes, hotels, diners, parks, museums, and houses of worship. The roof is currently rented for billboard use, and the partially open side of the building offers additional advertising opportunities. The property has 3,178 square feet of air rights, presenting potential for expansion or development. The location is at the intersection of the Lower East Side, Bowery, Chinatown, and Two Bridges. The building's proximity to the bridge ensures city views and sunsets. It is a few blocks from East Broadway and Grand Street Subway stations. The property can be delivered with some vacant units. The building has attracted commercial tenants such as Beverly's Exhibitions art gallery, Azikiwe Mohammed art studio and gallery, Oso Advisory art gallery, and LESC motorcycle shop.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Contractor Construction NYC Construction Company China Employment Agency Employment Agency New World Employment ... Employment Agency Jobs Employment Agency Shing Tao Employment ... Employment Agency

Suggested Use

Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

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
-73.9939185
Latitude
40.7145509

FAQs

What type of property is this?
Mixed-use property - Mixed-use building with commercial and residential units in vibrant neighborhood.
Where is this mixed-use property located?
The property is located at 5 Eldridge St New York, NY.
What is the asking price?
The asking price for this property is $8,000,000.
What are key features of this property?
This property features: **Significant upside potential** through renovations and expansion using 3,178 sq ft of air rights.; **Prime location** at the intersection of the Lower East Side, Bowery, Chinatown, and Two Bridges.; Mixed‑use building (6 commercial, 8 residential) with income from roof billboard rental and potential for side advertising.
More about this property
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