10 Unit Mixed Use Lower East Side
Investment Highlights
Lower East Side Development Opportunity – Partially completed mixed-use development on a 24' x 87' lot with approved plans for an elevator 6-story, 10-unit mixed-use building totaling approximately 8,808 SF. Existing structure is already built to 3 stories, with foundation, permits, and approved plans in place, allowing a buyer to save significant time and construction costs. Zoned R7-2 / C1-5 with flexibility for residential, mixed-use, or owner-user configurations. Price reduced now Asking: $3.15M ($357/BSF).
Location
📍 Lower East Side
🔒 The exact address and location are confidential and are released only after you sign the NCNDA and the listing broker approves your request.
Got a deal of your own?
Approved off-market listings earn a week of our premium Crezly membership and other perks.
Who finances deals like this
The lenders with the most recorded mixed use mortgages in Manhattan since 2021, from public ACRIS filings.
- Modern Bank, N.a. — 8 loans, typically $354K–$1.55M
- Duane St 172 LLC — 4 loans, typically $500K–$955K
- Open Bank — 2 loans, typically $600K–$5.52M
- 130 Graham Funding L.p. — 2 loans, typically $300K–$1.3M
- 632 Hudson LLC — 2 loans, typically $350K–$450K
Crezly connects borrowers and lenders. Crezly is not a loan broker, does not negotiate terms, and receives no compensation contingent on any loan closing.
Underwrite this deal
Pro-forma, debt sizing against real recorded NYC leverage, cash flow, IRR and a sensitivity grid. Free account — no card.
