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155 Rivington St APT 1, New York, NY, 10002

18beds
9baths
8,800sqft
$8,150,000
$926price/sqft
$49,938/moest. monthly cost
$1,997,520/yrincome needed

About This Home

155 Rivington Street, a fully deregulated mixed use asset located in the heart of Manhattan’s Lower East Side. The property is offered at $8,400,000, representing a 5.67% going-in cap rate. The building spans approximately 8,800 square feet and consists of six free market residential units and one ground-floor retail space. Originally converted from office to residential use, the property features a desirable unit mix of two-bedroom/one-bath and fourbedroom/ two-bath layouts, catering to strong rental demand in the submarket. The approximately 2,200 square foot retail space is leased to WhitFit NYC, a boutique infrared fitness and Pilates studio with a loyal and growing membership base. The tenant has a long-term lease in place through August 2032, providing stable and predictable income. Situated just steps from the J, M, Z, and F subway lines, 155 Rivington Street is surrounded by the Lower East Side’s vibrant dining, nightlife, and retail corridors. The neighborhood continues to experience strong residential demand and increasing institutional interest, driven by ongoing luxury development and its prime downtown location. 155 Rivington Street presents investors with a compelling opportunity to acquire a fully free market asset with stable in-place cash flow and meaningful upside potential.

Getting Around

100
WalkingWalker's Paradise
100
TransitRider's Paradise
97
BikeBiker's Paradise

Schools

4/10
Ps 142 Amalia CastroGrades PK-50.1 mi
9/10

Construction

Condition

  • Year built: 2021

Type & Style

  • Home type: SingleFamily
  • Property subType: Building

Interior

Bedrooms & Bathrooms

  • Bedrooms: 18
  • Bathrooms: 9
  • Full bathrooms: 9

Interior Area

  • Total structure area: 8,800
  • Total interior livable area: 8,800 sqft

Property

Details

  • Special condition: Resale

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in New York County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $41,210$494,520
Home Insurance *$2,452$29,424
Property Taxes $4,822$57,864
Electricity $1,454$17,451
Total$49,938$599,256
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,712,160/yr
40% on housing$1,498,140/yr
45% on housing$1,331,680/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.0%
2.0%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$926This listing

vs Other Active Listings

Avg $/sqft

ZIP 10002$1,109
New York County$1,489

vs Homes Sold Last Month

Median $/sqft

ZIP 10002$675
New York County$1,203

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-29Listed for sale$8,400,000
2025-03-27Listing removed$5,095
2025-03-19Listed for rent$5,095
2024-01-24Listing removed--
2024-01-19Price change$4,650
2024-01-17Price change$4,750
2024-01-05Price change$4,900
2023-12-15Listed for rent$5,125
2022-12-23Listing removed--
2022-12-09Listed for rent$5,040
2022-01-10Listing removed--
2022-01-04Listed for rent$5,040

For Sale by Agent

AgentDerek Bestreich
BrokerageInvestment Property Realty Group

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