묘사

JLL has been retained to arrange the sale of 126 Rivington Street, a six-story, 6,550 gross square foot mixed-use building located on the Lower East Side. The Property is configured as six (6) free market apartments over one (1) retail space on the ground floor. The unit mix features two (2) two-bedroom units and four (4) three-bedroom share-style units. The retail component is

100% leased with approximately eight years of term remaining.

The free-market residential units offer compelling value-add upside through strategic renovations. The building features solid base building condition with legacy unit interiors that will benefit from modernization. The share-style three-bedroom units are particularly well-positioned to capture rent growth while providing a natural hedge against Good Cause Eviction regulations. 126 Rivington Street is located in the heart of the Lower East Side, one of Manhattan's most dynamic and historically significant neighborhoods known for its vibrant cultural scene, diverse dining options, and thriving nightlife. The Property benefits from exceptional transportation connectivity, situated within a two-minute walk of four subway lines—the F M J Z trains— providing seamless access to all of Manhattan and outer boroughs.

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