Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $5,400,000

· Closed September 19, 2024

159 RIVINGTON Street #NA
Closed For Sale Mixed Use

$5,400,000

$565 per sq ft

159 RIVINGTON Street #NA

Lower East Side, Manhattan

MLS® #RLS10979281

RLS at REBNY

Listing by Douglas Elliman Real Estate

9

Bedrooms

5.5

Baths

9,550

Sq. Ft.

1910

Year Built

Quick Summary

Bedrooms 9
Bathrooms 6 full, 1 half
Living Area 9,550 sq ft
Lot Size 2,500 sq ft
Year Built 1910
Ownership None
Property Taxes $67,200/yr
Neighborhood Lower East Side
Floor 1 of 4

Property Highlights

  • Views: Other
  • Character: Pre-war building (1910)

Property Details

Type Mixed Use
Ownership None
Total Rooms 15
Baths 5 Full, 1 Half
Floor 1 of 4
View Other
Pets Yes
Year Built 1910
Living Area 9,550 sq ft
Structure Type MixedUse
Basement Other
Lot Size 2,500 sq ft
Parcel # 0348-0019
Block/Lot 00348/0019

Listing History

Event Date Price Change
Listed Sep 5, 2023 $8,995,000 -
Price Reduced Sep 20, 2024 $6,995,000 -22.2%
Currently Apr 27, 2026 $5,400,000 -22.8%

Description

159 Rivington.

Available for the 1st time in almost 2 decades is perched in a neighborhood on the dawn of new resturants, shops, nightlife and everything else the Lower East Side has to offer.

Currently configured as 4 units with the commercial ground floor, sitting on lot 25100 and currently built 9,550sqft, full FAR 10,000sqft with additional 3,212sqft of unused air rights.Use as it or create your dream home, or boutique rental or condo development.Protected 2A Tax Class, Zoned R7A, C1-5. Additiontal sqft potential beyond current air rights. Contact Listing Broker for more details.

Features & Amenities

Interior Features

Smoke Free In Unit

Building Amenities

Green Building

Appliances

Washer Dryer Allowed

Building Information

Building Data View Compliance & Permits
Total Units 5
Stories 4
Structure MixedUse

Financial Details

RE Taxes $67,200/yr ($5,600/mo)
Original Price $8,995,000
Sale Price $5,400,000
Previous Price $6,995,000

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

112

Median Asking Price

$1.27M

Median $/Sqft

$1,333

Avg Days on Market

N/A

New This Week

4

Price Reduced

32%

Sold (30 Days)

5

Median Sale Price

$1.15M

Live data from RLS at REBNY • Updated 4/27/26, 3:17 PM EST

Location

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159 RIVINGTON Street #NA, Lower East Side, New York County

Floor Plans

Floor Plan
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Floor Plan
Floor Plan
Floor Plan
Floor Plan
Floor Plan
Floor Plan
Floor Plan

Building Information

Official NYC property records for this building

1910
Year Built
116 years old
4
Floors
4
Residential Units
R7A
Zoning District
Primarily Residential Mixed Use

Tax & Assessment

Assessed Value: $2,767,950
Land Value: $753,750
Exemptions: $0

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

Lot Area: 2,500 SF
Building Area: 9,550 SF
Built FAR: 3.82
Allowed FAR: 4

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 annual property tax is $67,200, or roughly $5,600 per month. Verify the current assessment with your attorney before closing.

This property has 9 bedrooms and 5 full bathrooms and 1 half bathroom.

The listed interior living area is 9,550 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1910, making it approximately 116 years old.

This listing is None

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

At the current list price of $5,400,000 for 9,550 sq ft, the asking price per square foot is approximately $565. 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: RLS10979281
First Listed: 9/8/2023
On Market: 9/5/2023
Price Changed: 9/20/2024
Closed: 9/19/2024
Contract Date: 8/16/2023

Listing Courtesy of Douglas Elliman Real Estate - Samantha Behringer

Listing Contact: (917) 407-5185

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 4/27/2026 at 7:17 PM UTC

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