103 Mosco St - Apartments FOR SALE


New York, NY 10013- Chinatown
$3,250,000 USD
212-660-7706
103 Mosco St, New York, NY for Sale
$3,250,000 USD
Apartments - FOR SALE
1/12
null | 5.12% Cap Rate

103 Mosco St
New York, NY 10013
Chinatown


OVERVIEW

Cushman & Wakefield (“C&W”) has been exclusively retained to arrange the sale of 103 Mosco Street, located in Chinatown between Mulberry and Mott Streets. This mixed-use property features three residential units and one ground-floor commercial space. Two of the residential units underwent full gut renovations in 2025 and now feature high-end finishes, each configured as 3-bedroom, 2-bathroom apartments. Unit 1 has a larger terrace above the rear of the commercial space. The other two units have private roof top terraces. The third unit is rent-controlled, presenting significant upside potential upon vacancy, as it currently generates approximately $60,000 less in annual revenue than the free-market units. All apartments have washer/dryer in unit. The ground-floor retail space is leased to a well-established local business with 4.5 years remaining on the lease at a below-market rent of $55 per square foot. 103 Mosco Street offers a rare opportunity to acquire a cash-flowing asset with long term value-add potential in a rapidly evolving neighborhood. Located just steps from Columbus Park and Dr. Sun Yat-sen Plaza, the property benefits from heavy foot traffic and a revitalized tourism sector—Chinatown now attracts over 20 million visitors annually. The area is known for its vibrant dining scene and expanding nightlife, making it an increasingly attractive destination for both residents and investors.

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$1,116 USD /SF

# OF UNITS

3

PRICE/UNIT

$1,083,333

CAP RATE

5.12%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1899

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.02 AC

LAND SF

871 SF

ZONING

C6-1

APN/PARCEL ID

0164-0043

ASK ABOUT THIS PROPERTY

Bryan HurleyCushman & WakefieldMore Info
212-660-7706

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Bryan HurleyCushman & WakefieldMore Info
212-660-7706

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.