110 Rivington St 4,629 SF 100% Leased Retail Building New York, NY 10002 $6,250,000 ($1,350.18/SF) 6.50% Cap Rate

We are pleased to present 110 Rivington Street, a mixed-use investment opportunity located in the heart of Manhattan’s Lower East Side. This asset offers stable in-place income with clear long-term upside through repositioning and future development. The property consists of four free-market residential units and one ground-floor commercial unit. The retail space is approximately 1,826 square feet and is occupied with a lease in place through 2028, with a three-year renewal option. The residential portion totals approximately 2,803 square feet, with efficient layouts averaging approximately 700 square feet per unit. Positioned on a 1,826 square foot lot (22.83 ft x 80 ft), the building contains approximately 4,638 built square feet. Zoned C4-4A, the property allows for approximately 7,304 buildable square feet, leaving approximately 2,666 square feet of unused development rights. An investor has the ability to add approximately two additional floors. Architectural plans are available upon request.
110 Rivington Street presents an opportunity for investors seeking a combination of current income and long-term value through expansion and repositioning in one of Manhattan’s most active neighborhoods.