245 Eldridge Street

Owner: Sun Frontier Fudousan Co.

Acquired: December 31, 2025, $16.5 million

Debt: August 11, 2023, $10.4 million

Built: 1900

Renovated: 1982

SF: 14,161

Dwelling units: 10

No. of buildings: 1

Class: Over Six Families With Stores (C7)

Floors: 6

Transactions:

• Canvas Property Group sold 245 Eldridge Street, Lower East Side, Manhattan for $16.5 million to Sun Frontier Fudousan Co. on December 31, 2025.

• Canvas Property Group borrowed $10.4 million from Greystone & Co. for 245 Eldridge Street, Lower East Side, Manhattan on August 11, 2023.

Development:

• Eon Ramoutar filed major alteration job 124055360 for 3,750 sqft R-2 building with 11 apartments in Lower East Side, Manhattan, on May 29, 2025.

• Eon Ramoutar filed major alteration job M01137912 for 2,842 sqft J-2 building with 11 apartments in Lower East Side, Manhattan, on November 25, 2024.

• Daniel Chirila filed alteration job M01374990 for 1,000 sqft building with 11 apartments in Lower East Side, Manhattan, on March 23, 2026.

• Robert Morgenstern filed alteration job M00942425 for 2,480 sqft J-2 building with 10 apartments in Lower East Side, Manhattan, on October 11, 2023.

• Robert Morgenstern filed alteration job M00529255 for 1,000 sqft J-2 building with 11 apartments in Lower East Side, Manhattan, on June 16, 2021.

• Mandip Kaur filed alteration job M00537114 for 470 sqft building with 12 apartments in Lower East Side, Manhattan, on June 10, 2021.

• Robert Morgenstern filed alteration job M00268316 for 1,102 sqft R-2 building with 10 apartments in Lower East Side, Manhattan, on November 21, 2019.

Violations:

According to city public data, the properties have received $650 in OATH penalties in the last year.

Latest Stories:

• Sun Frontier Fudousan pays $16.5M to Canvas for 10-unit walkup in Lower East Side (January 02, 2026)