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:
- Property Type: Mixed-use
- Transaction Amount: $2,300,000
- Units: 22
- Square Footage: 11,370
- Price Per Unit: $104,545
- Price Per Square Foot: $202
- Broker Representatives: Zachary Ziskin, Adam Lobel, Justin Zeitchik, Christian Ingenito, Brokers on Bikes - Investment Property Realty Group (IPRG)
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
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