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Mixed-Use

248 Elizabeth Street

248 Elizabeth St, New York, NY 10012

Listing Price: $13,000,000

Cap Rate
5.80%
Number of Units
9
Occupancy
100.0%
Price/Unit
$1,444,444
Price/Gross SF
$1,733.33
Gross SF
7,500

Investment Overview

Marcus & Millichap is pleased to offer the following opportunity located in the booming NoLIta neighborhood. 248 Elizabeth Street is located on the East side of Elizabeth Street between Prince & East Houston Streets. The property boasts a gross square footage of 7,500, is zoned C6-2 / R8, and is built 24 ft x 59 ft on a 24.25 ft x 81.67 ft lot (Block: 507; Lot: 12)

Investment Highlights

  • 248 Elizabeth Street, built in 1910, is a meticulously maintained, mixed-use trophy asset spanning a total of 7,500 square feet.
  • 71 % Free Market | Tax Class: 2B | Zoning: C6-2 / R8
  • Strategically & conveniently located steps from SoHo, Little Italy, the Elizabeth Street Garden, New York University, Washington Square Park, & in close proximity to B,D,F,M, and 6 subway lines.

Exclusively Listed By

Financing By

Mixed-Use

248 Elizabeth Street

Listing Price: $13,000,000

Cap Rate
5.80%
Number of Units
9
Occupancy
100.0%
Price/Unit
$1,444,444
Price/Gross SF
$1,733.33
Gross SF
7,500

Investment Highlights

  • 248 Elizabeth Street, built in 1910, is a meticulously maintained, mixed-use trophy asset spanning a total of 7,500 square feet.
  • 71 % Free Market | Tax Class: 2B | Zoning: C6-2 / R8
  • Strategically & conveniently located steps from SoHo, Little Italy, the Elizabeth Street Garden, New York University, Washington Square Park, & in close proximity to B,D,F,M, and 6 subway lines.

Investment Overview

Marcus & Millichap is pleased to offer the following opportunity located in the booming NoLIta neighborhood. 248 Elizabeth Street is located on the East side of Elizabeth Street between Prince & East Houston Streets. The property boasts a gross square footage of 7,500, is zoned C6-2 / R8, and is built 24 ft x 59 ft on a 24.25 ft x 81.67 ft lot (Block: 507; Lot: 12)

Exclusively Listed By

Financing By

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