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.
For sale
$3,499,000
120 Forsyth St, New York, NY 10002
--beds
9,618sqft
Mixed Use
Built in 1900
2,573 Square Feet Lot
$3,208,200 Zestimate®
$364/sqft
$-- HOA
What's special
- 122 days
- on Zillow |
- 497 |
- 14 |
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