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Luxury Mixed-Use Building at 130 East 7th Street

Luxury Mixed-Use Building at 130 East 7th Street
FOR SALE
View more

$19,750,000

130 East 7th Street, New York, NY 10009

16,581 SF

Square Feet

$1,191

PPSF

5.10%

CAP

Property Description

NOI

$1,007,250

Cap Rate

5.10%

130 East 7th Street is a seven-story, mixed-use, corner elevator building featuring luxurious residential units and prominent retail space. The property includes: Residential Units: Each unit offers 10.5-foot-high beamed ceilings, heated oak flooring, exposed brick, and floor-to-ceiling windows with stunning park views. Open-concept kitchens are equipped with a sit-down breakfast bar, Viking range, Bosch dishwasher, Kohler fixtures, and concrete countertops. Floors 3-6 feature a master suite with five floor-to-ceiling windows, a walk-in closet, and a spa-like en-suite bathroom with marble finishes, a soaking tub, glass-enclosed shower, and Kohler fixtures. The four-bedroom, three-and-a-half-bath, two-story penthouse includes all these features, plus an additional master suite on the seventh floor and a private roof deck with a kitchen, BBQ grill, and hot tub overlooking Tompkins Square Park.

Retail Space: The ground floor is leased to Miss Lily’s Café, an award-winning Jamaican restaurant, while the second story is leased to Avenue A Pilates, a popular studio attracting local residents. Both tenants benefit from prime location and visibility.

Location Highlights: Residents enjoy immediate access to East Village's renowned boutiques, vintage stores, cafes, and top destination restaurants and bars like Superiority Burger, Veselka, and Veniero’s Pasticceria & Caffe, among others.

Property Details

Asset Type

Mixed-use

Zoning

R7A (C2-5 Overlay)

Lot Size

2,292 SF

Neighborhood

Alphabet City

Submarket

New York

ZIP

10009

Listing Type

sale


Offering Memorandum

Download

Net Operating Income (NOI)

$1,598,003

Debt Service Coverage Ratio (DSCR)

1.42x

Cap Rate

8.09%

Cash Flow (Annual)

$474,502

Cash-on-Cash Return

9.61%

Monthly Debt Service

$93,625

Annual Debt Service

$1,123,501

View on Map

Address

130 East 7th Street

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New York Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale

No investors found in this market.

Contact the Listing Team

Brandon Polakoff

Brandon Polakoff

Principal

127 closed

Kyle Sabath

Kyle Sabath

Associate

17 closed

Joseph (Joe) Moran

Joseph (Joe) Moran

Associate

35 closed

Send a Message

Brandon Polakoff

Brandon Polakoff

Principal

127 closed

Kyle Sabath

Kyle Sabath

Associate

17 closed

Joseph (Joe) Moran

Joseph (Joe) Moran

Associate

35 closed