100 Division St
New York, NY 10002
100 Division Street · Land For Sale · 0.36 AC

Cushman & Wakefield has been exclusively retained by Ownership to offer for sale the 100% fee simple interest in the development site at 100 Division Street, 6.5 & 8 Eldridge Streets (“100 Division”, the “Site”, or the “Property”). Situated at the intersection of Manhattan’s Lower East Side and Chinatown East neighboorhoods, 100 Division allows for a development like no other in the area. The site consists of three contiguous lots located on the northwest corner of Allen and Division Streets in the Lower East Side of Manhattan, NY. The lots have over 275 feet of frontage on three streets, Allen (77 feet), Eldridge (25 feet) and Division (176 feet). The current buildings on the lots will be delivered vacant. The site allows for retail, office, hotel and/or mixed-use residential. The zoning allows for a tower on base design to maximize the usable FAR. The combined lot SF is 15,595 SF. The lots are in the C6-1G zone, which has an FAR of 6.0 for commercial use, 3.44 for residential use and 6.5 for community facility use. The total buildable SF for commercial or mixed use is approximately 101,368 BSF (of which 53,647 SF can be residential). The current buildings on the lots total +/- 20,000 SF. The area is home to many restaurants and neighborhood hot spots. The site gives a developer the chance to reshape the neighborhood tenancy. Large floor plates allow for big box retail to enter an underserved and densely populated area.