Map of Property

116 Suffolk Street, New York, NY 10002

116 Suffolk Street, New York, NY 10002

  • For Sale $6,750,000
  • Property Type Unassigned
  • Lot Size 0.06 Acre
  • Building Class C4
  • Year Built 1910
  • Date Updated Apr 26, 2024
Cushman & Wakefield has been retained on an exclusive basis to arrange the sale of 116 Suffolk St, in the Lower East Side of NY. The property is a 9,150SF, 9 unit mixed-use building located on the E side of Suffolk between Rivington and Delancey. The building consists of eight large apartments over 1 store. The retail space enjoys soaring ceiling height (16’) and is occupied by specialty bookstore. Of the 8 residential units, two are deregulated, three are renovated Rent Stabilized units with “first rents”, one Rent Stabilized unit, and two Rent Controlled tenants. The store has a lease until 2030, with 3% annual increases and 25% of tax increases over base year 20/21 (base taxes are $20,782.28). The heat is electric and is separately metered. Hot water (oil fired) and is supplied by the landlord. The building is in the 2B protected tax class. Taxes are only $26,240. The building is across the street from The Clemente, which is a restored art and performance space (www.theclementecenter.org), and 1 ½ blocks from Essex Crossing Development on Delancey. Approximately 850SF of air rights are intact.

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Contacts

broker

Michael DeCheser

Cushman & Wakefield

(212) 660-7772

broker

Bryan Hurley

Cushman & Wakefield

(212) 660-7706

Location

Getting Around

  • Walk Score ®

    100/100 Walker's Paradise

  • Transit Score ®

    100/100 Rider's Paradise

  • Bike Score ®

    97/100 Biker's Paradise
Powered by Walk Score ®
  • City New York, NY
  • Neighborhood Lower East Side
  • Zip Code 10002
  • Market Manhattan

Points of Interest

  • Essex Street

    0.09 miles

  • Delancey Street

    0.12 miles

  • Allen St & Houston St

    0.31 miles

  • 1 Avenue & Houston St

    0.33 miles

  • 2nd Avenue

    0.37 miles

  • East Broadway (F)

    0.38 miles

  • East Broadway (F)

    0.40 miles

  • Grand Street

    0.42 miles

  • Bowery

    0.42 miles

  • East Broadway

    0.42 miles

  • Blink

    0.33 miles

  • Tesla Supercharger

    0.33 miles

  • ChargePoint

    1.11 miles

  • ChargePoint

    1.13 miles

  • BP

    1.27 miles

  • ChargePoint

    1.31 miles

  • ChargePoint

    1.35 miles

  • Blink

    1.39 miles

  • ChargePoint

    1.40 miles

  • ChargePoint

    1.41 miles

  • Delancey & Essex Municipal Garage

    0.13 miles

  • Village View Parking Area 3

    0.44 miles

  • Christie Garage

    0.45 miles

  • iPark

    0.57 miles

  • Edison ParkFast

    0.68 miles

  • Park Kwik

    1.01 miles

  • Sunny

    1.14 miles

  • Park Fast

    1.15 miles

  • MPG

    1.18 miles

  • NYPD Brooklyn Tow Pound

    1.28 miles

  • Holiday Inn

    0.05 miles

  • Sago Hotel

    0.21 miles

  • The Ludlow Hotel

    0.22 miles

  • Orchard Street Hotel

    0.22 miles

  • The Allen Hotel

    0.26 miles

  • The GEM Hotel Soho

    0.37 miles

  • citizenM New York Bowery

    0.41 miles

  • PUBLIC, an Ian Schrager hotel

    0.43 miles

  • The Bowery House

    0.46 miles

  • Sohotel

    0.46 miles

  • Thailicious

    0.05 miles

  • Three Times

    0.05 miles

  • Cibao Restaurant

    0.05 miles

  • Yopparai Ronin

    0.05 miles

  • 99¢ Pizza

    0.06 miles

  • Taco Mix

    0.06 miles

  • Pig & Khao

    0.06 miles

  • Rivington Pizza

    0.07 miles

  • Lava

    0.07 miles

  • Kings Co Imperial LES

    0.07 miles

  • Lower East Side Preparatory High School

    0.08 miles

  • P.S. 140 Nathan Straus

    0.11 miles

  • Public School 142

    0.11 miles

  • Public School 20

    0.18 miles

  • Our Lady of Sorrows School

    0.20 miles

  • Cooke School and Institute Lower School

    0.20 miles

  • High School for Dual Language and Asian Studies

    0.21 miles

  • Manhattan Bridges High School

    0.22 miles

  • Seward Park High School

    0.22 miles

  • New Design High School

    0.22 miles

  • First Steps Academy

    0.15 miles

  • All My Children Daycare & Nursery

    0.15 miles

  • Bright Horizons

    0.18 miles

  • Oasis Downtown Day Camp

    0.40 miles

  • Swan

    0.51 miles

  • Metrokids Preschool

    0.64 miles

  • CPC Chung Pak Day Care Center

    0.74 miles

  • Bright Horizons Early Education & Preschool

    0.83 miles

  • 14th Street Y - Childcare

    0.88 miles

  • The Dumbo Gan

    1.05 miles

Frequently Asked Questions

What is the lease rate for 116 Suffolk Street, New York, NY 10002?

Rental asking rate at 116 Suffolk Street, New York, NY 10002 is $3,375,000.00/YR.

When was this property built?

116 Suffolk Street, New York, NY 10002 was built in 1910.

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