$6,995,000
for sale
9,000 ft²
$777 per ft²
40 rooms
19 beds
12 baths
Rental unit
- Lower East Side
Resale
Listing by Baseline Real Estate Advisors, Real Estate Principal Office, 224 Huntingto Bay Road, Huntington, NY 11743-1333
Listing updated in the last 2 days
Common charges
Not applicable
Estimated payment
$37,715/mo
Taxes
$2,572/mo
Tax abatement
No info
About
Seller’s agent
Description
Renovated Building Fully Leased in the Heart of the Lower East Side.
6.75% CAP Rate at asking
Reach out for full financials
Protected Tax Class 2B
Steps from Essex Market and Williamsburg Bridge
Near J,F,Z Train
9 Unit Building
Policies
Sorry, policy info isn’t available right now. Check back later.
Home features
Central air
Dishwasher
Hardwood floors
Washer/dryer
Building amenities
Services and facilities
Live-in super
Wellness and recreation
No info on wellness and recreation
Shared outdoor space
No info on shared outdoor space
About the building
116 Suffolk Street
116 Suffolk Street, New York, NY 10002
8 units
5 stories
1910 built
For sale
1 available units for saleFor rent
0 available units for rentDocuments and permits
View documents and permitsProperty history
- Price Change: No changes
- Days on market: Listed today
| Date | Price | Event |
|---|---|---|
5/7/2026 | $6,995,000 | Listed by Baseline Real Estate Advisors |
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Explore Lower East Side
Transit
| Location | Distance |
|---|---|
FJMZat Essex St | under 500 feet |
FJMZat Delancey St | 0.11 miles |
Fat 2nd Av | 0.31 miles |
Fat East Broadway | 0.38 miles |
BDat Grand St | 0.4 miles |
About Lower East Side
Rental prices shown are base rent before any fees. Visit listings for cost and fees breakdown.
SalesMedian asking price
19 beds
$7M
The narrow streets of the Lower East Side were once lined with tenement buildings, shirt factories and bialy shops. Although a few vestiges of the neighborhood's immigrant heritage remain, many of the tenement buildings have been updated and now offer relatively affordable rental options to young New Yorkers looking to live right in the thick of Downtown Manhattan.
There's no getting around it - the LES is a major nightlife destination. In this part of the city, last call is late and often negotiable -- especially if you're a regular. On weekend nights, the neighborhood is packed as crowds overflow from the local bars and take to the streets in search of a late-night falafel fix before heading onto the next party. During the day, the neighborhood chills out as residents nurse their hangovers or head to work slowly after stopping at one of the area's many trendy juice bars or coffee shops.





















































































