Streit’s Matzo Factory Condos at 150 Rivington Street Now for Sale [PHOTOS]

Posted on: June 8th, 2016 at 5:10 am by
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These days, The only visible reminder Streit’s Matzo ever existed on Rivington Street is the crowning stone atop the tenement that reads, “A. Streit.” Otherwise, everything else is gone. The machinery, the workers, the dumpsters of discarded matzo, and, of course, that delicious smell of baking. What’s left is a property awaiting demolition and redevelopment.

To that end, there is now an official website to accompany the renderings, extolling the virtues of 150 Rivington Street. How it’s “distinctly modern.” Sales officially launched yesterday, along with a bevy of new images for the forthcoming project.

As previously reported, there will be 45 one-, two-, and three-bedroom apartments, including four duplexes penthouses on the seventh/eighth floor. Prices are listed at $995,000, $1.7 million, $2.75 million, and $3.8 million respectively. Building amenities include bike room, gym, laundry, storage, and rooftop terrace.

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Demolition, meanwhile, seems to be in a holding pattern. The rat poison and asbestos abatement notices have adorned the site for months. Since before the Passover holiday.

The family-owned Streit’s Matzo Factory finally gave in to area real estate pressures in January 2015, and sold the Rivington Street buildings to Cogswell Realty for $30.5 million. They’ve since purchased a new facility in Rockland County. And remember, not even the mayor really cared that this institution was departing the city after ninety years.

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[h/t Streeteasy]

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