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Executive Summary

Located in the heart of the vibrant Lower East Side, this exceptional property at 26 Eldridge Street offers a rare opportunity for both investors and end-users alike. Surrounded by bustling retail, dining, and strong foot traffic, this is truly a prime location that delivers unmatched visibility and accessibility.
The property features a highly desirable storefront ideal for owner use, perfect for retail, service, or boutique business operations. Whether you're looking to establish your own presence or lease it out, the flexibility adds tremendous value.
Maintained in excellent condition, the building is move-in ready and requires minimal immediate upgrades—saving both time and capital for the next owner.
Conveniently positioned close to transportation, shopping, restaurants, and all essential amenities, this location continues to attract both local and tourist activity year-round.
From an investment perspective, this asset offers strong income potential and long-term appreciation, making it a solid return on investment in one of Manhattan’s most dynamic neighborhoods.
Don’t miss this rare opportunity to own a prime property in a high-demand area.

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $3,200,000
Price Per Unit $400,000
Sale Type Investment
Cap Rate 5%
Gross Rent Multiplier 7
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.03 AC
Building Size 7,645 SF
No. Stories 5
Year Built 1900
Zoning C6-1G

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • Controlled Access
  • Tenant Controlled HVAC
  • Recycling
  • Smoke Free
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 8 - -
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100

Property Taxes

Property Taxes

Parcel Number
0293-0010
Land Assessment
$99,026
Improvements Assessment
$224,609
Total Assessment
$323,635
  • Listing ID: 40094712

  • Date on Market: 4/9/2026

  • Last Updated:

  • Address: 26 Eldridge St, New York, NY 10002

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