67 Pitt Street

EXCLUSIVE | FIVE-STORY WALK-UP BUILDING | LOWER EAST SIDE

67 PITT STREET
Asking Price
Type Multifamily
Neighborhood Lower East Side
Properties 1
Lot Size 2,500 SF
Zoning Code R8A
Size 9,570 SF
Stories 5
Units 20 Units
Air Rights 5,480 SF

Investment Highlights:

67 Pitt Street is a 100% Free Market, five story multi-family walk up building situated between Rivington and Delancey Streets in the Lower East Side neighborhood of Manhattan. Constructed in 1920, the building totals 9,570 gross square feet above grade which includes twenty free market apartments. Ownership has meticulously maintained the building that includes several upgraded units equipped with hardwood floors and stainless steel appliances. With 25’ of frontage on Pitt Street, this asset boasts high ceiling heights and apartments contain excellent light and air. As configured, the well maintained, walk up building offers 19 one-bedroom units and 1 two-bedroom unit. With rents in the area for one-bedroom units typically exceeding $2,250 per month, there is considerable upside in the rent as well as immediate condominium conversion.

Location:

Between Rivington Street and Delancey Street

Property Listing Contact:

Amit Doshi // Senior Managing Director // 800 3rd Ave., New York, NY // 212.468.5959 // adoshi@meridiancapital.com

Shallini B. Mehra // Managing Director // 800 3rd Ave., New York, NY // 212.468.5958 // smehra@meridiancapital.com

Jonathan Shainberg // Vice President // 800 3rd Ave., New York, NY // 212.468.5957 // jshainberg@meridiancapital.com