Map of Property

116 Suffolk Street, New York, NY 10002

116 Suffolk Street, New York, New York, 10002, New York, NY 10002

  • For Sale $6,250,000
  • Property Type Unassigned
  • Lot Size 0.06 Acre
  • Additional Rent Contact for pricing
  • Building Class C4
  • Year Built 1910
  • Date Updated Nov 21, 2024
Cushman & Wakefield has been retained on an exclusive basis to arrange the sale of 116 Suffolk St, in the Lower East Side of NY. The property is a 9,150SF, 9 unit mixed-use building located on the E side of Suffolk between Rivington and Delancey. The building consists of eight large apartments over 1 store. The retail space enjoys soaring ceiling height (16’) and is occupied by specialty bookstore. Of the 8 residential units, two are deregulated, three are renovated Rent Stabilized units with “first rents”, one Rent Stabilized unit, and two Rent Controlled tenants. The store has a lease until 2030, with 3% annual increases and 25% of tax increases over base year 20/21 (base taxes are $20,782.28). The heat is electric and is separately metered. Hot water (oil fired) and is supplied by the landlord. The building is in the 2B protected tax class. Taxes are only $26,240. The building is across the street from The Clemente, which is a restored art and performance space (www.theclementecenter.org), and 1 ½ blocks from Essex Crossing Development on Delancey. Approximately 850SF of air rights are intact.

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Contacts

broker

Michael DeCheser

Cushman & Wakefield

broker

Bryan Hurley

Cushman & Wakefield

Location

Getting Around

  • Walk Score ®

    100/100 Walker's Paradise

  • Transit Score ®

    100/100 Rider's Paradise

  • Bike Score ®

    97/100 Biker's Paradise
Powered by Walk Score ®
  • City New York, NY
  • Neighborhood Lower East Side
  • Zip Code 10002
  • Market Manhattan

Points of Interest

  • Delancey Street

    0.12 miles

  • Allen St & Houston St

    0.31 miles

  • 1 Avenue & Houston St

    0.34 miles

  • East Broadway (F)

    0.40 miles

  • Second Ave (F,V)

    0.45 miles

  • Spring Street

    0.64 miles

  • Houston Street & Lafayette Street at Northeast Corner

    0.64 miles

  • Houston Street & Lafayette Street at Southeast Corner

    0.64 miles

  • Bleecker Street & Mulberry Street at Southeast Corner

    0.65 miles

  • Bleecker Street & Lafayette Street at Northeast Corner

    0.65 miles

  • Blink

    0.33 miles

  • Tesla Supercharger

    0.33 miles

  • ChargePoint

    1.12 miles

  • BP

    1.27 miles

  • Mobil

    1.67 miles

  • Emporium

    1.71 miles

  • Citgo

    1.83 miles

  • Sunoco

    1.93 miles

  • Gulf

    1.99 miles

  • Delancey & Essex Municipal Garage

    0.13 miles

  • Edison Park Fast

    0.21 miles

  • Village View Parking Area 3

    0.44 miles

  • Christie Garage

    0.45 miles

  • Village View Parking Area 2

    0.48 miles

  • Village View Parking Area 1

    0.48 miles

  • iPark

    0.57 miles

  • Edison ParkFast

    0.68 miles

  • 88 Madison Street Parking

    0.71 miles

  • Park Kwik

    1.01 miles

  • Holiday Inn

    0.05 miles

  • The Redford Hotel

    0.15 miles

  • The Ludlow Hotel

    0.21 miles

  • Hotel Indigo

    0.22 miles

  • Sago Hotel

    0.22 miles

  • Orchard Street Hotel

    0.22 miles

  • The Allen Hotel

    0.26 miles

  • The GEM Hotel Soho

    0.37 miles

  • citizenM

    0.41 miles

  • PUBLIC, an Ian Schrager hotel

    0.43 miles

  • Sushi Lin

    0.02 miles

  • Ginger & Lemongrass

    0.02 miles

  • Cloud Vietnamese

    0.03 miles

  • Three Times

    0.05 miles

  • Thailicious

    0.05 miles

  • Cibao Restaurant

    0.05 miles

  • Yopparai Ronin

    0.05 miles

  • 99¢ Pizza

    0.05 miles

  • Burger King

    0.05 miles

  • Taco Mix

    0.05 miles

  • Lower East Side Preparatory High School

    0.08 miles

  • P.S. 140 Nathan Straus

    0.11 miles

  • Public School 142

    0.11 miles

  • Public School 20

    0.17 miles

  • Our Lady of Sorrows School

    0.20 miles

  • Cooke School and Institute Lower School

    0.20 miles

  • High School for Dual Language and Asian Studies

    0.21 miles

  • Manhattan Bridges High School

    0.22 miles

  • Seward Park High School

    0.22 miles

  • New Design High School

    0.22 miles

  • Elements Preschool

    0.03 miles

  • All My Children Daycare & Nursery

    0.15 miles

  • First Steps Academy

    0.15 miles

  • Esciela Hispana Montessori

    0.17 miles

  • Bright Horizons

    0.18 miles

  • New Amsterdam School

    0.38 miles

  • Oasis Downtown Day Camp

    0.40 miles

  • Swan

    0.51 miles

  • Metrokids Preschool

    0.64 miles

  • CPC Chung Pak Day Care Center

    0.74 miles

Frequently Asked Questions

How much does 116 Suffolk Street, New York, NY 10002 cost?

The space currently listed for sale at 116 Suffolk Street, New York, NY 10002 asks for $6,250,000.

When was this property built?

116 Suffolk Street, New York, NY 10002 was built in 1910.

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