Printed from StreetEasy.com at 07:20 PM, May 19 2019

170 Eldridge Street

$8,750,000 for sale
6,000 ft²$1,458 per ft²15 rooms4 beds4 baths
Townhouse in Lower East Side
170 Eldridge Street $8,750,000
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Listing by Douglas Elliman Real Estate, Limited Liability Broker, 575 Madison Avenue, New York NY 10022.
Days On Market
1,123 Days
Last Price Change
↓ $750,000 (7.9%) about 6 months ago
Estimated Payment
Monthly Taxes
$1,103
Monthly Maintenance
N/A
Tax Abatement
No Data Available

About the Listing

Seller's Agent
Amanda Rosenberg

Description

Known as one of the oldest neighborhoods in New York City, the Lower East Side has transformed immensely over the last decade alone, with seemingly endless luxury condominiums replacing former tenements, factories and warehouses. While many of the original buildings from the 1800s and early 1900s have been demolished long ago, the carriage house at 170 Eldridge Street remains intact, with details still preserved from its earliest days. One notable feature is the curb cut, a rarity allowing for a loading dock currently used as a private garage, where horse-drawn carriages once entered the home. Standing three stories high, with exceptionally generous proportions, spanning 25 feet wide by 80 feet deep, and with incredibly low real estate taxes, currently $13,239 annually, opportunities are varied and great, both for residential and commercial use. In the late 1800s, the home was owned by Sigmund Oppenheimer, the founder of a lucrative sausage casing business. The facade boasts a hand painted sign, faded over the course of over two hundred years, which reads, S. Oppenheimer. Historical charm like this is hard to find, as it seldom exists today. Despite the age and location of 170 Eldridge Street, it is not landmarked and there is existing FAR still available. This means that with creative vision, floors can be added, or the carriage house can be replaced entirely. Uniquely configured as a mixed use single family duplex in a commercial district, zoned C4-4A, approximately 6,000 of 8,824 maximum allowable square feet has been utilized, allowing for the addition or creation of a truly unique private residence, live/work building, gallery, recording studio, and much more.Illuminated by two skylights on the upper residential floor, with 15 foot high wood beamed ceilings, is a chef's kitchen appointed with Valcucine cabinetry, Subzero and Miele appliances, an open living and dining area, two wood-burning fireplaces, one bathroom, and a Moroccan tiled staircase leading to the landscaped roof terrace. Against the left wall on both residential floors, which feature radiant heating beneath Italian terracotta tiles, is a custom designed waterfall, showcasing original hardwood flooring removed from the 1996 gut renovation, as well as an exposed pulley system that once operated a flatbed elevator when the home was a printing press prior to the current owner's purchase, creating both a rustic and loft-like ambiance. There are four bedrooms, a decorative fireplace, a laundry room with a Miele washer/dryer, a home office, a den, 1.5 bathrooms, and a lounge area on the lower residential floor. What was once used as a loading dock may now accommodate three cars and connects to significant storage space, walk-in-closets, two home offices, and a powder room on the first floor. Below, the cellar offers additional storage with a ceiling height of 8 feet and one bathroom. Discreetly located on a quiet block in the Lower East Side between Delancey and Rivington Streets, 170 Eldridge Street is surrounded by an eclectic mix of both new and classic New York restaurants, bars, and attractions, such as Katz's Delicatessen, the Essex Street Market, Russ & Daughters, the Clinton Street Baking Company, Erin McKenna's Bakery, Roni-Sue's Chocolates, Freemans, Whole Foods, Trader Joe's, the Tenement Museum, and the New Museum on the Bowery.Photos of the roof deck have been virtually staged. Shown exclusively by appointment only.


Amenities

StreetEasy Verified
Highlights
  • elevator
    Elevator
  • pets
    Pets Allowed
  • washer_dryer
    Washer/Dryer In-Unit
Building Amenities
  • Garage Parking
  • Laundry in Building
  • Parking Available
  • Storage Available
Listing Amenities
  • Dishwasher
  • Fireplace
Outdoor Space
  • Deck
  • Roof Deck
  • Terrace

About the Building

170 Eldridge Street  New York, NY 10002

Single-Family Home in Lower East Side

Units1 UnitFloors3 StoriesBuilt1920 Built

Sales listings: 1 active and 1 previous
Documents and Permits: 5 documents

Price History

10/22/2018 Price decreased by 8% $8,750,000
04/19/2016 Listed by Douglas Elliman $9,500,000
02/29/2016 Town Residential Listing is no longer available on StreetEasy Last priced at $10,500,000 $10,500,000
11/17/2015 Previous Sale recorded Register
11/02/2015 Previously Listed by Town Residential $12,000,000
07/09/1996 Previous Sale recorded Register

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Nearby

Transportation
  • J Z at Bowery 0.15 miles
  • B D at Grand St 0.19 miles
  • F at 2nd Av 0.21 miles
  • F J M Z at Delancey St-Essex St 0.22 miles
  • 6 at Spring St 0.38 miles
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Schools
There is no data available
Disclaimer: School attendance zone boundaries are not guaranteed to be accurate – they are provided by a third party and subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

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Listed By

Douglas Elliman Real Estate, Limited Liability Broker, 575 Madison Avenue, New York NY 10022.
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