Financial
Distress signals
Property profile

206-208 Rivington St New York, NY 10002

FOR LEASE
Retail residential properties
Property ID
US63-3034332
16,237 SF 0.09 ac lot Built 1920
Entity Owned Owner of record is a legal entity (LLC / corporation). 28-yr Hold Held for 28 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional retail space at 206-208 Rivington Street in New York City's vibrant Lower East Side offers 400 square feet of versatile commercial space, ideal for a variety of businesses. Located in New York County, this multiple-tenancy property enjoys a highly desirable location, just off the Williamsburg Bridge, Delancey Street, and East Houston Street, ensuring high foot traffic and excellent visibility. The space features a significant 15-foot frontage with a large display window,

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$197k
Tax billed · 2024
Assessed value$1.57M
Assessed land$495k
Assessed improvement$1.08M
Effective rate12.50%

Value estimate

· Sep 2026
$4.68M
$4.21M – $5.14M
NOI build-up
Gross scheduled income$99k
Vacancy & credit loss−$15k
Operating expenses−$25k
NOI · 1,472.65% cap applied$59k

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$602/SF
ZIP average, outlier-cleaned · 91 recorded sales of this use type
Observed band · Q1–Q3$330 – $900
Qualifying comparables14

Cap rate analysis

How does the asset earn?
1,472.65%
$59k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R7A
This district is designed to supports medium to high density housing, particularly in areas well served by public transportation and comm...
General categoryRESIDENTIAL
JurisdictionNEW YORK(MANHATTAN)

Location intelligence

Which uses thrive at this corner?
Best fit: Assisted Living Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Assisted Living Facility20.3
Nursing Home20.2
Pet Grooming Service9.1

Location

206-208 Rivington St New York, NY 10002
County assessor Recorded deeds · not on file 14 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
254 Broome, New York, NY 10002-3834 $15,875,000 Dec 2024 12,507 SF
248 Broome, New York, NY 10002-3855 $15,875,000 Dec 2024 12,348 SF
119 Hester, New York, NY 10002-5289 $2,501,584 Sep 2024 17,025 SF
305 Broome, New York, NY 10002-3762 $11,826,000 Sep 2024 18,055 SF
210 Rivington, New York, NY 10002-2543 $2,501,584 Sep 2024 14,096 SF
17 Rivington, New York, NY 10002 $4,500,000 Apr 2024 13,635 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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