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Lower East Side & Chinatown Commercial Real Estate

Crezly tracks 366 recorded commercial and multifamily property sales in Lower East Side & Chinatown, Manhattan. The median recorded sale price is $6.07M, or about $742 per square foot. An estimated $2.48B in mortgage debt is secured against tracked properties in this neighborhood.

Market snapshot

366Recorded sales
$6.07MMedian sale price
$742Median $/sf
$2.48BEst. outstanding debt

Recent recorded sales

AddressRecordedPrice$/sf
502 EAST 12 STREET2026-04-30$4.28M$679map ›
515 EAST 12 STREET2026-04-29$7.25M$779map ›
94 AVENUE C2026-04-16$3.23M$814map ›
57 STANTON STREET2026-04-13$4.8M$1,179map ›
274 EAST 10 STREET2026-04-10$3.2M$533map ›
75 ESSEX STREET2026-04-08$17.75M$1,379map ›
191 EAST 7 STREET2026-04-08$4.67M$1,402map ›
89 CANAL STREET2026-04-06$2.5M$498map ›
99 CANAL STREET2026-04-03$21.14M$996map ›
168 CANAL STREET2026-03-27$40.5M$1,033map ›
341 GRAND STREET2026-03-27$3.91M$2,380map ›
93 CANAL STREET2026-03-27$1.48M$592map ›

Top property owners

OwnerPropertiesEst. debt
SM I MMS, L.L.C1$165.1M
NINE ORCHARD OWNER LLC1$59.8M
265 CHERRY STREET OWNER LLC1$50.7M
SM I MMS, L.L.C.1$47.45M
NEW YORK UNIVERSITY1$44.98M
DERBY ALPHABET BLUES 5872, LLC1$41.6M
STORAGE POST/444 EAST 10TH STREET, LLC1$39.65M
EVMF OWNER, LLC1$37.57M
605 E 9TH COMMUNITY HOLDINGS LLC1$37.22M
TLUS AH RUTGERS ST OWNER LLC1$36.56M

Asset classes

Recorded sales in Lower East Side & Chinatown by property class: AP (164), Commercial/Office (141), F1 (14), RS (7), Elevator Apartments (6), OT (5).

Frequently asked questions

How much does commercial real estate cost in Lower East Side & Chinatown?
Across 366 recorded sales in Lower East Side & Chinatown, Manhattan, the median price is $6.07M, or roughly $742 per square foot.

Who are the largest property owners in Lower East Side & Chinatown?
The most exposed owners by estimated debt include SM I MMS, L.L.C and NINE ORCHARD OWNER LLC. Crezly tracks their full NYC portfolios.

How much CRE debt is there in Lower East Side & Chinatown?
Crezly estimates about $2.48B in outstanding mortgage debt secured against tracked commercial and multifamily properties in Lower East Side & Chinatown.

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Compiled by Crezly from New York City public records (ACRIS deeds & mortgages, PLUTO). Neighborhoods follow NYC Community District boundaries. Figures are estimates and may not reflect the most recent transactions. Not legal, financial or investment advice.