Courtesy of: Siu Lun (Allen)Tang, Re/Max Real Estate Professiona, agentallentang@gmail.com
Courtesy of: Siu Lun (Allen)Tang, Re/Max Real Estate Professiona, agentallentang@gmail.com
$3,380,000
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Lot: 0.06 Acres
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Mixed Use
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$3,380,000
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.
Courtesy of: Siu Lun (Allen)Tang, Re/Max Real Estate Professiona, agentallentang@gmail.com
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