$6,500,000
Updated 6 years ago
Off Market

121 Division Street

Chinatown, Manhattan | Orchard Street & Ludlow Street

4,050 Square FeetMixed Use

$6,500,000
floors / apts3 / 3
Lot Size26'4"x63'
Built Size26'4"x52'
ZoneC6-2
Building TypeLow-Rise
RE Taxes$41,560
Price Per SF
$1,605

Outdoor space and views

  • Backyard

Building Amenities

  • Voice Intercom

Property Description for 121 Division Street

Cushman and Wakefield has been retained on an exclusive basis to arrange the sale of 121 Division Street, a mixed use building between Orchard and Ludlow Street, NYC. The building has a new restaurant on the ground floor and 2 floor-through units above. The retail tenant is Kiki’s, a popular neighborhood restaurant (original location across the street) (LXP 2026). The 2nd floor is a 2 bedroom, 2 bathroom unit, with exclusive backyard access, which will be delivered vacant at closing. The 3rd floor is a gut renovated apartment designed and remodeled by famous designer Peter McGrattan in 1996 and was featured in the magazine “Home & Garden”. All units have separate on-floor mechanicals with heat/hot water/electric separately metered.. There are approximately 4,300SF of air rights intact. The subject shares the block with many neighborhood staples including dozens of popular galleries, fashion retailers, coffee shops, modern restaurants in addition to the Lower East Side Business Improvement District’s office/ center. Furthermore, it is located just a block from the historic Jarmulowsky Bank Building , which is in the process of being converted to a hotel. This is an exceptional opportunity to live and invest in one of the Manhattan’s most exciting and charming up and coming neighborhoods.

Listing History for 121 Division Street

Now
07/02/2019
POM by Michael F. DeCheser
Cushman & Wakefield
04/24/2019
Back on the Market by Michael F. DeCheser
Cushman & Wakefield

Building Details for 121 Division Street

OwnershipMixed Use
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts3/3
Learn More About the Building

Transit and Citi Bike

Subway

East Broadway
0.09 miles
Grand St
0.29 miles
Delancey St-Essex St
0.35 miles
Bowery
0.43 miles

Citi Bike

Pike St & E Broadway
0.06 miles
Canal St & Rutgers St
0.1 miles

Contact Agents

Contact Agents

Michael DeCheser
Cushman & Wakefield
Mei Ling Wong
Cushman & Wakefield
Andrew Berry
Cushman & Wakefield

Chinatown | Manhattan

Quick Profile

The roots of Chinatown are said to go back as far as 1858, with the arrival of Cantonese businessman, Ah Ken. Ah Ken made his fortune selling cigars and is thought to have set up the first boarding houses for Chinese immigrants.

Vibrant and bustling, in New York City’s Chinatown, you’ll find the biggest population of Chinese people in the Western Hemisphere. Although Chinatown was established mostly by Cantonese speakers, due to an influx of Fuzhounese speaking Chinese immigrants and Mandarin being the official language of China and Taiwan, Mandarin has become vital to the dynamic tableau that is Chinatown.

Centered around Chatham Square and Columbia Park, Chinatown is transportive yet quintessential New York. Traveling the cozy corridors of Chinatown, bask in the varied languages and cultural diaspora, uniquely American and yet universal. Witness the roots of a place where a community was allowed to grow within a community, a world within a world. See it in the statues, architecture, and signage throughout Chinatown. Smell it seeping out from the multitude of dim sum restaurants, noodle houses, and speakeasies that reside here. Pick up a bao and wander the markets for deals and explore the sometimes brutal historic sites. 

Chinatown is developing. Much of the lower-income housing once available in the area are being refurbished and sold. As a result, the community and its demographic makeup are diversifying. 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 20641TH