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15 Eldridge Street

Investment Property Realty Group Represents Sale Of 15 Eldridge Street Mixed-Use Property For $2.3M
SOLDMixed-use

Investment Property Realty Group Represents Sale Of 15 Eldridge Street Mixed-Use Property For $2.3M

15 Eldridge Street

$2,300,000

$202/SF

Building Size

11,370 SF

Asset Type

Mixed-use

Closing

Dec 30, 2025

AI

This mixed-use property located at 15 Eldridge Street in the Chinatown market consists of 20 apartments and 2 stores. The asset was sold for $2,300,000, encompassing a total of 11,370 square feet, resulting in a price per unit of $104,545 and a price per square foot of $202.

Summary of transaction details:

The transaction involved the collaboration of Brokers on Bikes, represented by Zachary Ziskin, Adam Lobel, Justin Zeitchik, and Christian Ingenito, facilitating the sale of the property in the Chinatown market.

Players

Adam Lobel

Investment Property Realty Group (IPRG)

Broker

$602.2M

vol

141 deals

Broker
Investment Property Realty Group (IPRG)
Investment Property Realty Group (IPRG)Brokerage

New York Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.90%

Cash-on-Cash

-1.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93