119 Mott St - Storefront Retail/Residential FOR SALE


New York, NY 10013- Little Italy
$8,800,000 USD
212-602-1137
119 Mott St, New York, NY for Sale
$8,800,000 USD
Storefront Retail/Residential - FOR SALE
1/16
null | Request Cap Rate

119 Mott St
New York, NY 10013
Little Italy


HIGHLIGHTS

  • Great corner location on Mott/Hester St.
  • High visibility corner
  • Public parking close by
  • Corner Restautant with 100' feet frontage on Hester St.
  • Restauranter dream purchase!
  • Contact Ray Bart at 212-602-1137 for more details

OVERVIEW

Motivated seller!! Previously listed over $9.2M. Building is 100% occupied with commercial and residential tenants. Ground floor retail space can be delivered vacant or with excellent tenant. Total of 11 Residential apartments across three floors. Apartment details: 5 Free market, 2 Rent controlled, and 4 rent stabilized. Prime location in Chinatown for anchor restaurant, Hot Pot or Asian concept. Added value: building has cell tower currently leased on roof valued over $1.2M. Approximately 5,500 SF of Air rights! Buyers are waiting to buy easement. New owner can sale for profit. Contact Ray for today's update set up information (718)-644-0063

FOR SALE DETAILS

PRICE

$8,800,000 USD

PRICE/SF

$907 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

C6-2G

APN/PARCEL ID

0205-0019

ASK ABOUT THIS PROPERTY

Ray BartDowntown Mgt.More Info
212-602-1137

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

Ray BartDowntown Mgt.More Info
212-602-1137

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