Back To All Properties 
Type:
Mixed Use
Sq Ft:
11,370
Units:
Property Description
Investment Property Realty Group (IPRG) is pleased to introduce 15 Eldridge Street, a 22-unit mixed-use building ideally located between Canal Street and Division Street in the heart of Manhattan’s historic Chinatown.
Rising five stories and encompassing approximately 11,370 square feet, 15 Eldridge Street is comprised of 20 rent-stabilized residential apartments and 2 retail stores. Of the 20 apartments, 3 residential units will be delivered vacant, presenting an opportunity for immediate rental income and potential owner-occupancy.
The property measures 25 feet by 88 feet on a 25-foot by 100-foot lot, and is zoned C6-1G. It falls under Tax Class 2 and is strategically positioned within walking distance of the J, Z, B, D, N, Q, R, W, 6, and F subway lines, providing tenants and owners with easy access to all areas of Manhattan and beyond.
The building is located directly across the street from the historic Eldridge Street Synagogue, a New York City Landmark and National Historic Landmark, and one of the first synagogues built in the United States by Eastern European Jews, further enhancing the cultural significance and unique character of the location.
15 Eldridge Street represents a rare opportunity to acquire a well-located, income-generating asset in one of Manhattan’s most dynamic and historically rich neighborhoods. The combination of stable in-place income, immediate upside through vacant units, and prime retail frontage makes this a compelling investment for both investors and potential owner-users.
-
Block & Lot:
292-24
-
Neighborhood:
Chinatown
-
Cross Streets:
Canal Street & Division Street
-
Building Dimensions:
25 ft x 88 ft
-
Lot Dimensions:
25 ft x 100 ft
-
Units:
24
-
Total Approx. SF:
11,370
-
Zoning:
C6-1G
-
FAR:
4.55
-
Tax Class:
2
