67 Pitt Street

JLL has been retained on an exclusive basis to market 67 Pitt Street, New York, NY 10002 (“the Property”). The Property is located on the west side of Pitt Street between Delancey and Rivington Streets on the Lower East Side. Currently, 19 of the 20 residential units are one-bedrooms with one bathroom. The remaining unit, 2A, has two bedrooms and one bathroom. All residential units are 100% free market in this 25’ wide walk-up.

Situated in the heart of the Lower East Side, steps from Essex Crossing, the Property is in the live-work-play mecca of New York City for young professionals. Essex Crossing is expected to be completed by early 2025 and is a megadevelopment, with over 1,000 new residences, 400,000 square feet of office space, and 450,000 square feet of retail space on Delancey Street, that represents the recent revitalization and economic transformation of the Lower East Side. Numerous restaurants including Pig and Khao, Dudley’s, and Wayla exemplify the Bohemain personality of the neighborhood. The nightlife establishments of Pianos, The Back Room and Mr. Purple are a select list of endless options shaping the Lower East Side’s character and popularity which is most exemplified at night. This edgy, colorful personality of the Lower East Side produces extreme apartment demand in the community.

67 Pitt Street is an excellent opportunity for an investor to create value through unit renovations to capitalize on the high-demand to live on the Lower East Side. The property is a five-minute walk from the Delancey-Essex Street subway stop with service to the F M J Z trains. Just 20 minutes to Bryant Park in Midtown and 20 minutes to the New York Stock Exchange on Wall Street, the Property is the perfect midpoint for ease of access to work and provides a tangible balance and change of scenery. To get to Brooklyn, Marcy Avenue is one stop away on the subway. For the more adventurous, one can ride a bike over the Williamsburg Bridge which starts three-blocks away from the Property at the intersection of Clinton and Delancey Streets. The East Side Coastal Resiliency project, a $1.45 billion revitalization of the East River Park is expected to be completed by the end of 2026 and is a five-minute walk from the Property. This offering is a rare opportunity to own in a preeminent location in Lower Manhattan.