Marcus & Millichap - Tri Borough Multi-Family

73-75 Mott Street, Chinatown, Manhattan

73-75 Mott Street
Chinatown, Manhattan

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Price: $3,558,888
Building Size: 11.112 Square Feet
Property Type: Commercial
Exclusive Listing Team:
Property Status: Under Contract
INVESTMENT OVERVIEW:

Marcus & Millichap is pleased to offer 73-75 Mott Street, located between Bayard Street and Canal Street in the Chinatown section of Manhattan, New York.

The subject property, 73-75 Mott Street, is a five-story mixed-use building that consists of two retail units and 16 studio apartments. The property is built 37.67 feet by 50 feet with a 16 foot by 41 foot extension on the first floor, 37.67 feet by 50 feet on the second through fifth floors and sits on an irregular 37.67 foot by 100.5 foot lot with approximately 11,112 gross square feet. The property is zoned C6-1 (Block: 200, Lot: 22)

This property offers investors, users and developers the incredibly rare opportunity to acquire a prime mixed-use asset with a low average rent, 38 feet of frontage and five vacant apartments located just steps from Canal Street in the Chinatown section of Manhattan, New York.

Listing Agent: Matt Fotis & Colton Traynham