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  • $3,499,000

    120 Forsyth St APT 1, New York, NY 10002

    36beds
    9,618sqft
    Rental Unit
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $364/sqft
    $-- HOA

    What's special

    New flat roof
    Rare investment opportunity for this 22 units mixed use building in Lower East Side with 6% cap rate. Total of 18 two-bedrooms residential units and 4 store units total of 22 units (C4-4A Zoning). All 4 stores are vacant and 1 two-bedrooms unit will be delivered, remaining 17 two-bedrooms units with leases. New flat roof and exterior wall refreshed within 2 years. Hot water heater was replaced within 2 years. High annual rental income of $340,000 and consistently generated substantial profits. Price aggressively for today's market.
    123 days
    on Zillow
    |
    1,164
    |
    51
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 10, 2025 at 01:37am

    Listing by:

    Remax Real Estate Professionals 917-518-8880,

    Siu Lun Tang

    Source: StreetEasy,MLS#: S1763408
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 120 Forsyth St APT 1.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 36
    • Bathrooms: 20
    • Full bathrooms: 20
    Interior area
    • Total structure area: 9,618
    • Total interior livable area: 9,618 sqft

    Property

    Features
    • Has view: Yes
    • View description: City, Park/Greenbelt
    Details
    • Special conditions: Resale

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Rental Unit
    Condition
    • Year built: 1900

    Community & HOA

    Community
    • Subdivision: Lower East Side
    Location
    • Region: New York

    Financial & listing details

    • Price per square foot: $364/sqft
    • Date on market: 4/2/2025
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