Planning a residential conversion in the Lower East Side? A vacant lot at 79 Eldridge Street can be yours for just $4.55 million.

The parcel, located on the west side of Eldridge Street between Hester and Grand streets, offers 15,180 buildable square feet. The lot is in a commercially zoned area and could be developed into a mixed-use building, according to the Massey Knakal listing.

Michael DeCheser, Darragh Clarke and Mei Ling Wong are marketing the site. 

The property’s entrance has a curb cut in front, which is rare and often difficult to acquire from the city. And of course, vacant Lower East Side lots with development potential are getting snatched up left and right — four parcels in the neighborhood by Houston and Eldridge streets sold in July for $12.4 million, The Real Deal reported. An LLC formed by Samy Mahfar’s SMA Equities purchased 327 and 329 East Houston Street for $8.4 million, and it also bought 331 East Houston Street and 163 Ridge Street for $4 million.



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