Lower East Side Mixed-Use

This mixed-use walk-up spans approximately 8,400 total square feet and offers nearly 90 feet of wraparound frontage along Allen and Rivington Streets. The property includes 10 two-bedroom apartments, including nine free-market and one rent-stabilized unit, and two ground-floor retail spaces leased to SONNYBOY and Old Friend Photobooth. The building is .2 miles from the near the Essex Market and the F, M, J, and Z trains at the Delancey/Essex Street station. 

Property Overview

✓ Block & Lot:  00415-0022
✓ Lot:  20' X 70' or 1,400 SF
✓ Total SF:  +/- 8,400 SF
✓ GLA:  +/- 1,400 SF
✓ Retail:  Two (2) Units
✓ Residential:  Ten (10) Units
✓ Residential Living Space:  +/- 10,000 SF
✓ Three (3) Vacancies
✓ Nine (9) Free Market Units
✓ All Units Separately Metered for Gas & Electric

Tenancy Status

The building is currently occupied; however, three (3) residential units will be delivered vacant at closing.

Inspections / Showings

By Appointment Only.  Since the property is occupied we ask that you do not disturb the tenants/occupants.  

Basic Terms of Sale

This property is being sold by a Chapter 11 debtor / debtor-in-possession.  Any sale remains subject to Bankruptcy Court approval and the sellers receipt of higher or better offers. The property will be delivered in “as-is, where-is” condition, subject to all tenancies and occupancies.  Any sale of this property is "all-cash" and will not be contingent upon financing.  This property will be sold free and clear of all liens, claims, and encumbrances.  A six percent (6%) premium, paid by the purchaser at closing and as a condition of closing, will be calculated from and applied to the highest or best sales price determined by the seller.  The purchaser is also responsible for all applicable transfer taxes. 

Disclosure

All information provided by MYC & Associates, Inc. is from public documents or third-party sources, is not guaranteed and should be independently verified. The information herein is subject to errors and omissions. The subject property may be sold or withdrawn from the market without notice. MYC & Associates, Inc. does not represent or warrant the accuracy, authenticity, or completeness of any information and is not liable for any reliance thereon.