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Mixed-Use

123-125 Mulberry Street & 186 Hester Street

123 Mulberry St, New York, NY 10013

Listing Price: $15,750,000

Cap Rate
5.30%
Number of Units
11
Occupancy
100.0%
Price/Unit
$1,431,818
Price/Gross SF
$1,042.43
Gross SF
15,109

Investment Overview

Marcus & Millichap is pleased to exclusively offer 123-125 Mulberry Street and 186 Hester Street, located in prime Little Italy/NoLita. These assets are located off the Northwest corner of Mulberry Street and Hester Street spanning a total of 15,109 square feet offering a combine 11 total units: 1 commercial and 10 Residential between both assets. These properties are zoned C6-2G, located in the Little Italy District. 123-125 Mulberry Street is Tax Class 2B Protected and 186 Hester Street is Tax Class 2A Protected. (Block: 206, Lot: 17 and 14).

Investment Highlights

  • 123-125 Mulberry Street & 186 Hester Street, built in 1910, is an 11-unit mixed-use asset, spanning 15,109 SF.
  • Tax Class Protected: 2A/2B | Zoning: C6-2G | 90% Fair Market |1 Commercial and 10 Residential units
  • 123-125 Mulberry Street and 186 Hester Street is perfectly positioned between the charm of SoHo, the energy on Chinatown and culture of NoLIta with close proximity to the N,Q,J,Z, and 6 Subway lines.

Exclusively Listed By

Financing By

Mixed-Use

123-125 Mulberry Street & 186 Hester Street

Listing Price: $15,750,000

Cap Rate
5.30%
Number of Units
11
Occupancy
100.0%
Price/Unit
$1,431,818
Price/Gross SF
$1,042.43
Gross SF
15,109

Investment Highlights

  • 123-125 Mulberry Street & 186 Hester Street, built in 1910, is an 11-unit mixed-use asset, spanning 15,109 SF.
  • Tax Class Protected: 2A/2B | Zoning: C6-2G | 90% Fair Market |1 Commercial and 10 Residential units
  • 123-125 Mulberry Street and 186 Hester Street is perfectly positioned between the charm of SoHo, the energy on Chinatown and culture of NoLIta with close proximity to the N,Q,J,Z, and 6 Subway lines.

Investment Overview

Marcus & Millichap is pleased to exclusively offer 123-125 Mulberry Street and 186 Hester Street, located in prime Little Italy/NoLita. These assets are located off the Northwest corner of Mulberry Street and Hester Street spanning a total of 15,109 square feet offering a combine 11 total units: 1 commercial and 10 Residential between both assets. These properties are zoned C6-2G, located in the Little Italy District. 123-125 Mulberry Street is Tax Class 2B Protected and 186 Hester Street is Tax Class 2A Protected. (Block: 206, Lot: 17 and 14).

Exclusively Listed By

Financing By

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