Updated 4 years ago
Off Market
176 Rivington Street
Lower East Side, Manhattan | Attorney Street & Clinton Street
44 Rooms22 Beds22 Baths9,915 Square FeetIncome Property
$9,000,000
floors / apts6 / 22
Lot Size25'x100'
Built Size25'x82'
ZoneR7A
Building TypeLow-Rise
RE Taxes$126,588
Price Per SF
$908
Building Amenities
- Voice Intercom
Property Description for 176 Rivington Street
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
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
Listing History for 176 Rivington Street
Now
12/02/2022
Expired by Alexander Maroni
Douglas Elliman
05/09/2022
$9,000,000
Initial Price by Alexander Maroni
Douglas Elliman
Building Details for 176 Rivington Street
OwnershipIncome Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1920
Floors/Apts6/22
Transit and Citi Bike
Subway
Delancey St-Essex St
0.17 miles
2 Av
0.43 miles
East Broadway
0.47 miles
Grand St
0.5 miles
Citi Bike
Rivington St & Ridge St
0.06 miles
Suffolk St & Stanton St
0.13 miles
Lower East Side | Manhattan
Quick Profile
Bursting with energy at every turn, the Lower East Side is one of the most historic neighborhoods in all of Manhattan. Rooted in immigrant history, the bulk of European and Eastern European migration that occurred in the late nineteenth through the early twentieth century took place here, where the Tenement Museum remains one of the best ways to become acquainted with how early residents of the neighborhood lived.
The unique and eclectic mix of building styles--ranging from low- and high-rises to luxury and historic buildings--begins immediately upon entering the area via the Manhattan or Brooklyn Bridge, known as Two Bridges, itself a neighborhood that has also long been known for its immigrant population. With its historic district placed in the National Register of Historic Places, many of its oldest churches, such as Mariners Temple and St. James Church remain a preserved part of the district’s storied past.
While the LES has long been a hub for aspiring musicians and artists, the area has increasingly transformed its demographic as it welcomes a more affluent sect of residents with the advent of condos and luxury spaces.
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: 85635TH
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