Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $495,000

· Closed January 30, 2017

249 ELDRIDGE Street #MULTI
Closed For Sale Co-op

$495,000

$248 per sq ft

249 ELDRIDGE Street #MULTI

Lower East Side, Manhattan

MLS® #RLS10088782

RLS at REBNY

Listing by FirstService Realty NYC

2

Bedrooms

1

Bath

2,000

Sq. Ft.

N/A

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Living Area 2,000 sq ft
Year Built N/A
Ownership Co-op
Maintenance $3,594.14/mo
Neighborhood Lower East Side

Property Highlights

  • Exposure: East,North facing

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 16
Baths null Full
Exposure East,North
Pets Yes
Living Area 2,000 sq ft

Listing History

Event Date Price Change
Listed Jun 13, 2016 $495,000 -
Currently May 9, 2026 $495,000 -

Description

***INVESTORS ONLY*** FirstService Realty is pleased to offer for sale 4 Unsold Sponsor units at 249 Eldridge Street in the Lower East Side on the southwest corner of East Houston and Eldridge Street. 249 Eldridge Street is a 25 unit, 6 story walk-up cooperative apartment building. These units are occupied by Rent Stabilized tenants. This is an excellent opportunity for an investor to purchase four apartments for the price of one. The units for sale are 10, 15, 22, 24. These four units are being offered for sale at approximately 20% of their Free Market value. Each unit is a 2 Bedroom, 1 Bathroom and all are in original condition. The purchaser can be assigned as the holder of unsold shares. The property is located 2 blocks away from the 2nd Avenue F train, and 7 blocks from the Broadway-Lafayette B, D, F, M, and 6 train. The property is 6 blocks away from the Essex Crossing development. Please contact me for further information regarding tenancy and floorplans. All due diligence materials available upon request.

Building Information

Financial Details

Maintenance $3,594.14/mo
Sale Price $495,000

The Lower East Side (LES) is a neighborhood where New York’s storied history meets its high-end future. Known for its legendary nightlife and deep historic roots, the area has seen a dramatic transformation with the arrival of luxury towers like Essex Crossing. The housing stock is a unique mix of historic walk-up cooperatives, value-driven HDFC units, and ultra-modern condominiums that offer some of the best views in Downtown Manhattan.

Lower East Side Live Market Data

View Neighborhood

Active Listings

116

Median Asking Price

$1.30M

Median $/Sqft

$1,400

Avg Days on Market

N/A

New This Week

10

Price Reduced

28%

Sold (30 Days)

6

Median Sale Price

$1.15M

Live data from RLS at REBNY • Updated 5/9/26, 12:14 PM EST

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Location

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249 ELDRIDGE Street #MULTI, Lower East Side, New York County

Building Information

Official NYC property records for this building

1900
Year Built
126 years old
6
Floors
25
Residential Units
C6-2A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $2,763,900
Land Value: $306,000
Exemptions: $2,290

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 3,750 SF
Building Area: 19,103 SF
Built FAR: 5.09
Allowed FAR: 6.02

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $3,594.14 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 1 full bathroom.

The listed interior living area is 2,000 square feet. Verify dimensions independently during due diligence.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $495,000 for 2,000 sq ft, the asking price per square foot is approximately $248. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10088782
First Listed: 6/13/2016
Closed: 1/30/2017
Contract Date: 6/13/2016

Listing Courtesy of FirstService Realty NYC - Clinton Botway

Listing Contact: (646) 584-5619

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/9/2026 at 4:14 PM UTC

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