Skip To Content

118 Mulberry Street

Manhattan, NY 10013
  • $4,990,000
  • STATUS: Active
  • ON SITE: 287 Days
  • MLS #: 475499
UPDATED: 159 min ago
$4,990,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Single-Family Home
Area:

School Ratings & Info

Description

Welcome to a truly remarkable property nestled in the heart of Chinatown/Little Italy. This exceptional opportunity presents itself as a haven for both investors and visionaries alike. Comprising a front and rear building, this property boasts a commercial storefront tenant that guarantees a steady income stream, alongside 12 charming residential units. With a spacious 25 x 100 lot, and zoned C6-2G, the possibilities are limitless for expanding and enhancing this already impressive space. Currently enjoying a rent roll surpassing $309,495, this investment promises not only immediate returns but also the potential for substantial future growth. Don't miss your chance to be a part of the captivating charm and unlimited potential.

Monthly Payment Calculator



© 2024 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Pagano | Keller Williams Realty. Data last updated: 2024-05-19T21:00:31.17.
www.theteampagano.com/homes/142175640
Print Image

118 Mulberry Street Manhattan, NY 10013

  • Price: $4,990,000
  • Status: Active
  • On Site: 287 Days
  • Updated: 159 min ago
  • MLS #: 475499
0
Beds
0
Baths
0
½ Baths
0.06
Acres
Neighborhood:
Manhattan
County:
New York (Manhattan)
Area:
China Town
Property Description
Welcome to a truly remarkable property nestled in the heart of Chinatown/Little Italy. This exceptional opportunity presents itself as a haven for both investors and visionaries alike. Comprising a front and rear building, this property boasts a commercial storefront tenant that guarantees a steady income stream, alongside 12 charming residential units. With a spacious 25 x 100 lot, and zoned C6-2G, the possibilities are limitless for expanding and enhancing this already impressive space. Currently enjoying a rent roll surpassing $309,495, this investment promises not only immediate returns but also the potential for substantial future growth. Don't miss your chance to be a part of the captivating charm and unlimited potential.
Exterior Features

Commercial Features Exterior None Construction Materials Brick Exterior Brick Loading Docks None Lot Size Length 100 Lot Size Width 25 Parking Feature None Roof Flat Yard Back

Interior Features

Basement Amenities FinishedFull Commercial Features Interior Restrooms - Staff Flooring Hardwood Foundation Details Poured Concrete Heat Delivery Steam/Radiator Lavatories 4+

Property Features

Block 205 Commercial Condo 0 Construction Type Attached Cross Street Name Canal St Cross Street Name2 Hester St Electric Circuit Breakers Financing 1031 ExchangeBank MortgageCash Fuel Expense 4150.00 Gross Income 309495 Heating Fuel Gas Hot Water Gas Insurance Expense 17000.00 Lot Number 10 Lot Size Irregular YN 0 Net Operating Income 166125.00 Number Of Families 11 Number Of Stores 1 Property Sub Type Mixed Use Property Type Mixed Use Sale Type Arm's Length Tax Amount 107000.00 Transaction Type Sale Utility Expense 1220.00 Zoning C6-2G

Listing information © 2024 Brooklyn New York Multiple Listing Service, Inc.
Listing provided courtesy of Century 21 Homefront Realty: (718) 252-6060.


© 2024 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Pagano | Keller Williams Realty. Data last updated: 2024-05-19T21:00:31.17.
 
Logo
Team Pagano | Keller Williams Realty
50 RT 9 South
Morganville NJ, 07751