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Listing ID: RPLU-5121753867
Price: $9,000,000
Status: Active
Address: 176 RIVINGTON Street BUILDING
Unit Number: BUILDING
City: New York City
State: New York
Postal Code: 10002
Bedrooms: 22
Total Baths: 22
Full Baths: 22
County: New York
Subdivision: Lower East Side
New York City
NY
10002
Offering a 6 story walk up building with 22 Residential Units and 2 Commercial units. Located On Rivington between Clinton and Ridge, in the Lower Eats Side section of Manhattan. The property is built 25x86 Lot 25x100 with 9,915 SqFt. The property is zoned R7A. Features 20 One Bedroom Units 1 Combo Two Bedroom 2 bath unit and 2 Commercial Retail units. Two Commercial units are vacant and can easily be rented at market rates with lots of upside potential Ownership will deliver 5 residential units occupied and 19 units vacant. Most units have undergone a complete gut renovation with modern kitchens, baths and hardwood floors and turn key ready for a new tenant. There is huge upside for an investor or developer with strong cash flow potential. The property is 3 blocks from the Delancey F,J,,M,Z, subway station, 2 blocks to Houston St, Delancey Williamsburg Bridge. The property is within walking distance to busy restaurants, cafes, bars and nightlife 176 Rivington Street is a 22 Residential Unit + 2 Commercial unit Building in the Lower East Side Lot Size 25X100 Lot Size 2,500 Building Size 25X82 9415 SF Residential 500 SF Commercial FAR 4 FAR built 3.97 Tax Class 2 Units are subject to rent stabilization

Primary Features

County: New York
Property Sub Type: Apartment
Property Type: Residential
Subdivision: Lower East Side

Interior

Rooms Total: 44
Stories Total: 5

External

Architectural Style: Prewar
Garage: no

Location

Address: 176 Rivington Street
Building Name: null
Cross Street: CLINTON STREET and ATTORNEY STREET
Subdivision: Manhattan

Additional

Days On Market Replication Date: 2022-06-09T00:00:00+00:00
Days On Market Replication Increasing: yes
Entry Level: 1
Human Modified: no
Listing Contract Date: 2022-05-08T00:00:00+00:00
Listing Key Numeric: 1016244449
New Construction: no
Number Of Units Total: 22
Permission: IDX
Pets Allowed: Building No, No
Property Condition: New Construction
Property Sub Type Additional: Apartment
Source System ID: TRESTLE
Source System Key: 1016244449
Standard Status: Active
Year Built: 1920

Financial

Common Interest: Condominium
Tax Annual Amount: 120000
Tax Block: NA

Zoning Info


© 2022 Real Estate Board of New York. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of REBNY. Real estate listings held by IDX Brokerage firms other than Halstead Manhattan, LLC are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is deemed reliable but not guaranteed. Data last updated: Wednesday, June 29th, 2022 at 01:55:17 AM. Listing courtesy of Douglas Elliman Real Estate.

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