Positioned in the heart of the Lower East Side’s premier retail corridor, 122-124 Rivington Street offers a rare flagship opportunity for investors and brands looking to capitalize on high-velocity foot traffic and the neighborhood's significant cultural cachet. This dual-frontage Manhattan asset provides exceptional visibility and versatile layout options, making it a prime candidate for high-end hospitality or boutique retail repositioning. As the area continues to attract luxury residential developments and high-profile tenancies, this property stands out as a strategic acquisition for those seeking long-term value appreciation in one of New York City’s most resilient and trend-setting submarkets.
| Building Address: | 122-124 Rivington St, New York NY 10002 |
| Building Alternate Address: | 122-124 Rivington St |
| Zip Code: | 10002 |
| Neighborhood: | Soho |
| Borough: | Manhattan |
| Stories: | 0 |
| Year Built: | 1950 |
| Building Class: | C |
| Block & lot: | 00354-0036 |
Located at 122-124 Rivington Street in Manhattan's Lower East Side, the building is a four-story structure built in 1950. Originally constructed as a mixed-use property, it features approximately 12,500 square feet of space on a 3,000 square foot lot. The building underwent significant alterations in 2002, modernizing its facilities while retaining its essential character as an office and commercial building.
Historically, 122-124 Rivington Street is part of the vibrant Lower East Side neighborhood, an area known for its rich immigrant history and dynamic urban culture. Over the decades, the neighborhood has evolved but maintained its distinctive architectural identity, blending historic tenements with mid-20th-century commercial buildings such as this one.
The building has housed a variety of commercial and office tenants, reflecting the area's transition from industrial and manufacturing uses to more service-oriented and creative industries. Its location on Rivington Street places it within a community that has experienced significant revitalization efforts, contributing to Lower East Side's reputation as a cultural and artistic hub in Manhattan.
Currently, the property consists of commercial units and office spaces spread over its four floors, supporting diverse uses that align with the neighborhood's mixed residential and commercial zoning. This building exemplifies the post-war urban architecture that accommodated New York City's mid-century growth while adapting to contemporary demands through renovations made at the start of the 21st century.
122-124 Rivington Street, Manhattan, NYC
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122-124 Rivington Street in Manhattan, NYC, is a building known for its luxurious features. The penthouse offers a spacious great room with a wall of glass doors leading out to a large 800 square foot terrace. The room also features a working fireplace. The top floor includes a large master suite and two additional bedrooms, along with a second bathroom accessible from the hallway.
Notably, the building is home to La Caverna, a prominent Mexican restaurant and lounge. This establishment offers a unique dining experience with stalagmite-inspired decor and live music performances. La Caverna is located at 122-124 Rivington Street, providing a sophisticated culinary experience in the heart of the Lower East Side.
The building at 122-124 Rivington Street is a 4-story office building located in the Soho neighborhood of Manhattan.
As of the latest available information, the entire office space is a single-tenant executive office occupying 3,500 square feet on the 2nd floor.
The space features multiple workstations, six private soundproof offices, a conference room, phone booths, and two bathrooms.
The tenancy is single, with flexible lease terms, and immediate possession available.
122-124 Rivington Street, Manhattan, New York, NY 10002
Located between Clinton Street and Suffolk Street in the Lower East Side neighborhood of Manhattan.