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170 Eldridge St |Lower East Side
$8,750,000
Studio
Time on market: 919 days
Taxes/Maintenance: $0
Property type: Townhouse
Courtesy of Douglas Elliman
Known as one of the oldest neighborhoods in New York City, the Lower East Side has transformed immensely over the last decade alone, with seemingly endless luxury condominiums replacing former tenements, factories and warehouses. While many of the original buildings from the 1800s and early 1900s have been demolished long ago, the carriage house at 170 Eldridge Street remains intact, with details still preserved from its earliest days. One notable feature is the curb cut, a rarity allowing for a loading dock currently used as a private garage, where horse-drawn carriages once entered the home. In the late 1800s, the home was owned by Sigmund Oppenheimer, the founder of a lucrative sausage casing business. The facade boasts a hand painted sign, faded over the course of over two hundred years, which reads, S. Oppenheimer. Historical charm like this is hard to find, as it seldom exists today. Despite the age and location of 170 Eldridge Street, it is not landmarked and there is existing FAR still available. This means that with creative vision, floors can be added, or the carriage house can be replaced entirely. Illuminated by two skylights on the upper residential floor, with 15 foot high wood beamed ceilings, is a chef's kitchen appointed with Valcucine cabinetry, Subzero and Miele appliances, an open living and dining area, two wood-burning fireplaces, one bathroom, and a Moroccan tiled staircase leading to the landscaped roof terrace. Against the left wall on both residential floors, which feature radiant heating beneath Italian terracotta tiles, is a custom designed waterfall, showcasing original hardwood flooring removed from the 1996 gut renovation, as well as an exposed pulley system that once operated a flatbed elevator when the home was a printing press prior to the current owner's purchase, creating both a rustic and loft-like ambiance. There are four bedrooms, a decorative fireplace, a laundry room with a Miele washer/dryer, a home office, a den, 1. 5 bathrooms, and a lounge area on the lower residential floor. What was once used as a loading dock may now accommodate three cars and connects to significant storage space, walk-in-closets, two home offices, and a powder room on the first floor. Photos of the roof deck have been virtually staged. Shown exclusively by appointment only more
AMENITIES

Garage
Pets Allowed
Outdoor Areas
Roof Deck
Intercom
Pre-War Building
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MORTGAGE CALCULATOR

Sale Price
Down Payment
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Mortgage Payment:
Common Charges & Taxes: $0

Total Monthly Payment:
Mortgage Amount $7,000,000
Term
30 Year Fixed
Rate
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