1 of 3

2 of 3

3 of 3

•  Media
• Map
• Street View

105-107 Eldridge St
New York, NY 10002 Bowery

$14,000,000 USD

Apartments For Sale  •  13,544 SF

Property Details

• Property Type Apartments
• Total Building Size 13,544 SF
• Lot Size 0.12 AC
• Building Class B
• Year Built 1900
• Zoning C6-1 (R7-2)

100 Transit Score

100 Walk Score

Highlights

7.10% Pro Forma Cap Rate: Rare opportunity to acquire a high-yield asset with massive immediate upside potential.

Prime LES Mixed-Use: 18 Free-Market residential units & 2 commercial spaces

Value-Add "Crown Jewel": Vacant ~6,500 SF turn-key entertainment venue (formerly Fontana's)

Delivered Free & Clear: Mortgage paid off; massive immediate reduction in insurance & operating expenses

Tenant-Paid Utilities: Individual meters and boilers keep owner operating expenses exceptionally low

100% Free Market: Ultimate flexibility to align current below-market rents to premium market rates

Property Flyers

105_Eldridge_St_2026-03-9_OM

Amenities

• Hardwood Floors
• Refrigerator
• Oven
• Tub/Shower

Public Transportation

Commuter Rail	Drive	Walk	Distance
Christopher St (Hoboken-33rd Street - Port Authority Trans-Hudson (PATH), Journal Square-33rd Street - Port Authority Trans-Hudson (PATH))	6 min	-	1.6 mi
9 St (PATH) (Hoboken-33rd Street - Port Authority Trans-Hudson (PATH), Journal Square-33rd Street - Port Authority Trans-Hudson (PATH))	5 min	-	1.6 mi
Transit/Subway	Drive	Walk	Distance
Grand Street (B,D Line) (B - New York MTA Subway (The Subway), D - New York MTA Subway (The Subway))	1 min	2 min	0.1 mi
Bowery (J - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), Z - New York MTA Subway (The Subway))	1 min	5 min	0.2 mi
Essex Street (J - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), Z - New York MTA Subway (The Subway))	1 min	6 min	0.3 mi
Delancey Street (F - New York MTA Subway (The Subway))	2 min	6 min	0.3 mi
East Broadway (F - New York MTA Subway (The Subway))	2 min	8 min	0.4 mi
Airport	Drive	Walk	Distance
LaGuardia	19 min	-	9.2 mi
Newark Liberty International	21 min	-	12.7 mi
John F Kennedy International	28 min	-	17.4 mi