Lower East Side Mixed Use — $8.9M | Crezly

17 Unit Mixed Use Lower East Side

$8,900,000 Mixed Use Off-Market ♡
Price$8,900,000
Units17
Asset TypeMixed Use
📄 Download Offering Flyer (PDF)

Investment Highlights

Two Bridges / Lower East Side mixed-use corner building. 17 apartments (3 RS, including 1 vacant) plus 4 retail stores. 6-story walkup totaling 12,000 SF. Current NOI $825K with upside. Retail tenants paying $237/SF with 4.25yr WALT. Price reduced now Asking $8.9M (9.3% cap)

Location

📍 Lower East Side

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Who finances deals like this

The lenders with the most recorded mixed use mortgages in Manhattan since 2021, from public ACRIS filings.

  1. Modern Bank, N.a. — 8 loans, typically $354K–$1.55M
  2. Duane St 172 LLC — 4 loans, typically $500K–$955K
  3. Open Bank — 2 loans, typically $600K–$5.52M
  4. 130 Graham Funding L.p. — 2 loans, typically $300K–$1.3M
  5. 632 Hudson LLC — 2 loans, typically $350K–$450K
Match this deal to 149 lenders

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Pro-forma, debt sizing against real recorded NYC leverage, cash flow, IRR and a sensitivity grid. Free account — no card.

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