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125 Rivington St
New York, NY 10002
Multifamily Property For Sale
·
5 Units
Investment Highlights
- Ground-floor retail space complemented by four large three-bedroom residential units with premium layouts.
- Immediate adjacency to Essex Crossing’s continued development, providing retail and lifestyle amenities within steps.
- Income-producing asset with upside potential as remaining rent-stabilized unit approaches market rates.
- Exceptional accessibility near Delancey Street–Essex Street station serving F, J, M, and Z subway lines and major bus routes.
- Located in one of the Lower East Side’s most established residential corridors surrounded by historic landmarks and cultural density.
Executive Summary
BKREA has been retained on an exclusive basis to arrange for the sale of 125 Rivington Street ("The Property"), a 25-foot wide, pre-war walk-up building containing approximately 11,141 gross square feet across five stories. The Property features four residential units, all three-bedroom apartments, offering an unusually large average unit size rarely found in the submarket. With three of four units free market and one rent stabilized, the investment provides immediate income with a clear path to revenue growth as market rents continue to rise.
Property Facts
| Sale Type | Investment | Lot Size | 0.06 AC |
| No. Units | 5 | Building Size | 11,141 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built | 1920 |
| Building Class | C | ||
| Zoning | C6-1/R7-2 - C6 districts permit a wide range of high-bulk commercial uses requiring a central location | ||
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 11,141 SF |
| Average Occupancy | 100% |
| No. Stories | 5 |
| Year Built | 1920 |
| Zoning | C6-1/R7-2 - C6 districts permit a wide range of high-bulk commercial uses requiring a central location |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Sprinkler System
- Range
- Tub/Shower
- Smoke Free
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 5 | - | - |
Property Taxes
| Parcel Number | 0353-0022 | Improvements Assessment | $674,349 CAD |
| Land Assessment | $309,546 CAD | Total Assessment | $983,895 CAD |
Property Taxes
Parcel Number
0353-0022
Land Assessment
$309,546 CAD
Improvements Assessment
$674,349 CAD
Total Assessment
$983,895 CAD
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