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

Property Image
SOLD
$2,300,000
Justin Zeitchik
Adam Lobel
+ 1

New York

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Mixed-use11,370 SF
Sold
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Property Image
SOLD

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

15 Eldridge Street

See Similar Deals
Mixed-use11,370 SF
Sold
Justin Zeitchik
Adam Lobel
+ 1
Contact now

Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$202
Total Square Footage:11370 SF
Transaction Type:Sale

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
134 deals$576.1M volume(718) 360-8815
BROKER

Justin Zeitchik
Investment Property Realty Group (IPRG)
48 deals$248.3M volume(718) 360-8827
BROKER

Zachary Ziskin
Investment Property Realty Group (IPRG)
36 deals$196.8M volume(646) 872-0121
BROKER

Christian Ingenito
Investment Property Realty Group (IPRG)
6 deals$24.5M volume(718) 416-6132
BROKER

Investment Property Realty Group (IPRG)
BROKERAGE

Details

SOLD
IMAGE: Zachary Ziskin, Adam Lobel, Justin Zeitchik & Christian Ingenito DATE: 12/31/2025 ADDRESS: 15 Eldridge Street MARKET: Chinatown ASSET TYPE: Mixed-use (20 Apartments & 2 Stores) BROKERS: Zachary Ziskin (@Zacharyz_IPRG), Adam Lobel (@AdamLobelRealEstate), Justin Zeitchik, Christian Ingenito (@CPI.NYC), Brokers on Bikes (@BrokersOnBikes) - Investment Property Realty Group (IPRG) (@IPRG_NY) SALE PRICE: $2,300,000 UNITS: 22 ~ PPU: $104,545 SF: 11,370 ~ PPSF: $202

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$8,171.42
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