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98 Suffolk Street, 4A

Lower East Side, Manhattan | Delancey Street & Rivington Street

2 Rooms1 Bed1 BathCo-op Resale

$550,000
Maintenance$900

Outdoor space and views

  • West Exposure

Building Amenities

  • Voice Intercom
  • Laundry Room

Policies

  • No Dogs. Cats Allowed.

Property Description for 98 Suffolk Street, 4A

Prime Lower East Side Investment Opportunity – Tenant in Place!

An excellent opportunity to own a beautifully updated one-bedroom apartment in the heart of the Lower East Side, with immediate rental income from day one!Currently tenant-occupied through December 2027, with a monthly rent of $3,300, this apartment offers a fantastic opportunity for investors seeking a turnkey, income-producing property in one of Manhattan's most vibrant neighborhoods.

The apartment features an updated kitchen and bathroom, modern flooring, high ceilings, oversized windows, and contemporary light fixtures. The open, airy layout creates a loft-like feel, combining comfort and character with modern finishes.

The building offers convenient laundry facilities and a straightforward board approval process.
Ideally situated on Suffolk Street, you're surrounded by some of the city's best restaurants, cafés, boutiques, galleries, and nightlife, with the F, J, M, and Z subway lines just moments away.

A rare opportunity to secure an income-producing Manhattan property in a prime downtown location. Whether you're expanding your investment portfolio or planning for future personal use, this Lower East Side gem is well worth a look!

Listing History for 98 Suffolk Street, 4A

Now
08/06/2015
Sold and Closed by
Fox Residential
05/01/2015
Contract Signed by
Fox Residential

Building Details for 98 Suffolk Street

OwnershipCo-op
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1920
Financing Allowed90%
Floors/Apts5/20
Learn More About the Building

Transit and Citi Bike

Subway

Delancey St-Essex St
0.06 miles
East Broadway
0.38 miles
Grand St
0.39 miles
2 Av
0.4 miles
Bowery
0.42 miles

Citi Bike

Suffolk St & Delancey St
0.01 miles
Norfolk St & Broome St
0.12 miles

Contact Agents

Contact Agents

Licensed As
Alexia Bomtempo
Salesperson
License#:
10401293877
Company:
Batra Group
View this property on the company's website

Building Availability

APPSF
Median
Average
-
$550,000
$550,000
Last 12 months
-
-
-

One Bed in Lower East Side

APPSF
Median
Average
$1,253
$747,000
$863,889
$1,064
$699,000
$738,529

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: 1448405