Luxury Mixed-Use Building at 130 East 7th Street
FOR SALE
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$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.
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
30 years
10 years
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.