Eldridge Street Development Listed for $21M

Posted on: November 26th, 2019 at 5:09 am by

Photo: Compass

With Essex Crossing almost completely operational, the trend is to cash out. Specifically those building owners orbiting the billion-dollar development, who can now command top price.

The eight-story development at 165 Eldridge Street, north of Delancey, is next up. The seventeen-year-old housing complex hit the market last week (via Compass) for a whopping $21 million. It’s a market-rate elevator property with eighteen apartments – 12 one-bedrooms, 4 two-bedrooms, and 2 three-bedrooms. There is also a 15,000 square-foot commercial space, currently occupied by the Chinese-American Planning Council for its career center.

165 Eldridge is located on a block dominated by houses of worship – three churches and a mosque between Rivington and Delancey.

Recent Stories

Grave Marker Fund for Homeless Man Beaten to Death on the Bowery Last Year

It’s been exactly one year since the city was rocked by the fatal bludgeoning of homeless men on the Bowery while they slept. Of the five beaten by 24-year-old attacker Randy Santos, four ultimately died – Chuen Kwok, Anthony Manson, Florencio Moran, and Nazario Vasquez-Villegas. In the days that followed the murders, elected officials and nonprofits held […]

Fridays Under $40: Scared with a Sandwich

In our Friday column, “Fridays Under $40,” Boogie writer Sara Graham again hits the streets to find cheap eats and affordable things to do during these weird times. In this edition, we’re staying inside for under $40. After I returned from a trip to Delaware to see my parents for the first time in almost […]

And then There’s this Apartment with a Tub in the Kitchen

The standard pre-war tenement layout included a bathtub in the kitchen. It made sense, as this was the central location of plumbing. The phenomenon began with the advent of plumbing in city tenements between 1901 and 1905. With bathhouses no longer necessary to wash up, the kitchen became central. The tub here made sense given […]

International Center of Photography to Reopen Next Week

The International Center of Photography is reopening in one week. Sidelined for more than six months (almost immediately after its debut at Essex Crossing), the 40,000 square-foot museum and school is making its galleries and gift shop accessible to the public. On tap are four exhibitions to “address this tumultuous time, marked by the effects of […]

Secondhand Bookstore Comes to Orchard Street

And today, in news out of left field… There is a secondhand bookstore coming to the Lower East Side. Down at 47 Orchard Street, the former home of Anna Sheffield’s eponymous jewelry boutique. The new store is as yet untitled, but will feature used books, vinyl records, and assorted antique. “I have a large collection […]