Marcus & Millichap - Tri Borough Multi-Family

140 Mulberry Street

NY

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Price: $6,100,000
Building Size: 11,400 Square Feet
Property Type: Mixed-use
Exclusive Listing Team:
Matt Fotis
Tel: 212-430-5206
Matthew.Fotis@marcusmillichap.com
Colton Tarynham
Tel: 646-805-1433
Colton.Traynham@marcusmillichap.com
Property Status: Active
Description:

Marcus & Millichap is pleased to offer 140 Mulberry Street, located between Grand Street and Hester Street in the Little Italy section of Manhattan, New York.

The subject property, 140 Mulberry Street, consists of one 5-story mixed-use building with one retail unit and eight apartments and one 4-story rear building with four apartments. The front building is built 25 feet by 48 feet on the first through fifth floors totaling approximately 6,000 gross square feet. The rear building is built 25 feet by 25 feet on the first through fourth floors totaling approximately 2,500 gross square feet. The two buildings sit on a 25.17 foot by 101.33 foot lot with approximately 8,500 existing gross square feet.The property is zoned C6-2G, LI allowing for approximately 11,400 total gross square feet. (Block: 237, Lot: 06)

This property offers developers and investors the rare opportunity to acquire a prime mixed-use asset, delivered vacant with excellent redevelopment potential located in the Little Italy section of Manhattan, New York.