• MLS# RPLU-5121753867ID
  • Condo
  • Beds: 22
  • Baths: 22
  • RE Taxes: $10,000
  • Built: 1920

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

Courtesy of Douglas Elliman Real Estate

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