149 Rivington St, New York, NY 10002

Real NY LLC Has Retained the Exclusive Right to Market and Sell 149 Rivington Street. A Free Market, Mixed Use and Fully Occupied Lower East Side Value Add and High Cash-flow Opportunity.

This 3,918 Sf Building Located Between Suffolk and Clinton St Has a Stable Amount of Premium Cash Flow.

The Property is 4.5 Stories High, Including a Commercial Space on the Ground Floor and Two High End Units Above, Spanning Three and a Half Floors. The Residential Units Consist of Multiple Outdoor Spaces, Duplex Layouts and Designer Finishes. Both Having 4 Bedrooms, One Being a Duplex the Other a Triplex. Please See Floor Plans Below for More Details.

Given That Both Residential Units Are Free Market, Potential Income From Both Long-term Tenants and Short-term Rentals Can Be Very Lucrative Due to the Freedom of Rental Increases and Subjective Short-term Rates.

The Commercial Space is Currently Occupied by Montana Shop, a Paint Supply, Art, and Apparel Store. They Signed a Lease in the Last Quarter of 2021, Escalating 3% Yearly Through Jan 2031, Their Lease Expiration. 149 Rivington Street is in the Very Upbeat Northern Neighborhood of the Lower East Side. Surrounded by Great Restaurants, a Robust Nightlife and Multiple Grocers. In Addition, It is a Short Distance From the Delancey St-Essex St Fmj Z Subway Station, Providing Easy Access Throughout Manhattan and the Boroughs. This Property Attracts an Array of Investor Types, From Value-add Buyers to Home Buyers Seeking Passive Cash Flow to Support the Properties Carrying Costs.