Retail Condominium for Sale in Little Italy
FOR SALE
$7,250,000
133 Mulberry Street, New York, NY 10013
11,880 SF
Square Feet
$610
PPSF
Property Description
Avison Young, as the exclusive agent, is pleased to offer for sale the retail condominium at 133 Mulberry Street (the “Unit”), located on Mulberry Street between Grand Street and Hester Street. The Unit is situated on the ground and lower levels of a 6-story, 18-unit residential building, providing a prime opportunity in the heart of Little Italy. The Unit encompasses a total of 11,880 square feet, with 6,130 square feet on the ground floor and 5,750 square feet on the lower level. The space is currently 100% leased to three tenants with staggered lease expiration dates ranging from 2028 to 2035.
Property Details
Asset Type
Retail
Lot Size
7,467 SF
Neighborhood
Little Italy
Submarket
New York
ZIP
10013
Listing Type
sale
Offering Memorandum
30 years
10 years
Net Operating Income (NOI)
$0
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)
-$412,424
Cash-on-Cash Return
-22.75%
Monthly Debt Service
$34,369
Annual Debt Service
$412,424
View on Map
Address
133 Mulberry Street
Log in to see street view
Get exclusive comps and insights by logging in - it's free!
New York Retail Market Snapshot
Boundary boundary · Retail · Sale
No investors found in this market.
