120 Forsyth Street, Manhattan, New York, 10002
$2,999,000
0
Beds
Bathrooms
9,618
Building Sqft
0.06
Acres
2,573
Lot Sqft
About 120 Forsyth Street
Rare investment opportunity for this 22 units mixed use building in Lower East Side with 6% cap rate. Total of 18 two-bedrooms residential units and 4 store units total of 22 units (C4-4A Zoning). All 4 stores are vacant and 1 two-bedrooms unit will be delivered, remaining 17 two-bedrooms units with leases. New flat roof and exterior wall refreshed within 2 years. Hot water heater was replaced within 2 years. High annual rental income of $340,000 and consistently generated substantial profits. Price aggressively for today’s market.
Features of 120 Forsyth Street
MLS® #
490575
Acres
0.06
Type
Mixed Use
Price
$2,999,000
Square Footage
9,618
Year Built
1900
Sub-Type
Mixed Use
Community Information
Address
120 Forsyth Street
City
Manhattan
County
New York (Manhattan)
State
New York
Zip Code
10002
Listing Information
Agent Name
Siu Lun (Allen)Tang
Agent Office
Re/Max Real Estate Professiona
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