Style: Mixed Use
Sq Ft: 9618
Year Built: 1900
$3,499,000
120 Forsyth Street, Manhattan, NY 10002, US
Remarks
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.Details
MLS#: 490575Price: $3,499,000
Style: Mixed Use
Sq Ft: 9618
Year Built: 1900
County: New York (Manhattan)
Tax Fee: 58000.00
Resources
Broker Contact
Re/Max Real Estate Professiona
8402 20th Avenue
Brooklyn, NY, 11214
US
(718) 872-5522
remax8402@gmail.com
8402 20th Avenue
Brooklyn, NY, 11214
US
(718) 872-5522
remax8402@gmail.com
Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Brooklyn New York Multiple Listing Service
Last updated: 2025-04-02T21:53:08.000-04:00.
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