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$14,900,000

for sale

Delisted 9/30/2008

- ft²

2 rooms

Studio

1 bath

Seller's agents

Licensed Real Estate Salesperson

Douglas Elliman

Licensed Real Estate Salesperson

Douglas Elliman

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Listing by Douglas Elliman, Limited Liability Broker | MLS #: 154757

Common charges

Not applicable

Estimated payment

$78,968/mo

Legal disclaimerAll calculations are estimates provided by StreetEasy for informational purposes only. Actual amounts or financing terms may vary. Please contact your mortgage provider for specifics.

Taxes

No info

Tax abatement

No info

About

Seller’s agent

/

Tom Brady

Licensed Real Estate Salesperson

Douglas Elliman

Kim Shepard

Licensed Real Estate Salesperson

Douglas Elliman

Description

Excellent Investment or Development Opportunity....A 50' wide, 33 unit, 6 story, mixed use walk-up apartment with three (3) retail spaces (vacant) on ground floor, there are 33 apartments on the upper floors (only 11 of which are occupied) are all individually metered. There are six (6) apartments per floor. Featuring Two 1 bedrooms, Two 2-bedrooms, and One 3-bedroom per floor.

Policies

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Home features

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Building amenities

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About the building

157 Suffolk Street

157 Suffolk Street, New York, NY 10002

Rental building inLower East Side

35 units

6 stories

1900 built

Property history

  • Price change: ↓ $1,100,000 (-6.9%) on 8/13/08
  • Days on market: 57 daysThis is the number of days the listing has been on StreetEasy.
DatePriceEvent

12/2/2011

$14,900,000

Delisted by Douglas Elliman

9/30/2008

$14,900,000

No longer available

9/30/2008

$14,900,000

No longer available

9/30/2008

$14,900,000

In contract

8/13/2008

$14,900,000

Price decreased by 7%

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Explore Lower East Side

Transit

LocationDistance

FJMZat Essex St

0.2 miles

FJMZat Delancey St

0.2 miles

Fat 2nd Av

0.23 miles

JZat Bowery

0.42 miles

BDat Grand St

0.46 miles

About Lower East Side

Rental prices shown are base rent before any fees. Visit listings for cost and fees breakdown.

Sales

Median asking price

Studio

$500K

Rentals

Median asking base rent

Studio

$3,697

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.

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