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120 Forsyth Street
Manhattan NY 10002 US

$3,380,000

Active Listing ID 490575
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Lot: 0.06 Acres
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Mixed Use

$3,380,000

Active Listing ID 490575
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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.

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Property Features

  • Facts
  • Lot Size: 0.06 Acres
  • Property Type: Other
  • Property Sub-type: Mixed Use
  • Features
  • Floor Covering: Hardwood, Tile
  • Roof Type: Flat
  • Heating Fuels: Natural Gas, Other (Heating), Steam

Property

  • propertytype: Other
  • propertysubtype: Mixed Use
  • listprice: 3380000
  • unparsedaddress: 120 Forsyth Street
  • postalcity: Manhattan
  • stateorprovince: NY
  • country: US
  • postalcode: 10002
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.0590679522497704
  • lotsizeunits: Acres
  • lotsizearea: 0.059068
  • livingarea: 9618
  • livingareaunits: Square Feet
  • listagentfullname: Siu Lun (Allen)Tang
  • listagentemail: agentallentang@gmail.com
  • listagentkey: 3yd-BMLSNY-slt5313
  • listagentmlsid: slt5313
  • listagentpreferredphone: 7188725522
  • listagentofficephone: 7188725522
  • listofficekey: 3yd-BMLSNY-117860
  • listofficemlsid: 117860
  • disclaimer: Copyright © 2025 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: BMLSNY
  • yearbuilt: 1900
  • countyorparish: New York (Manhattan)
  • constructionmaterials: Brick
  • flooring: Hardwood, Tile
  • heating: Natural Gas, Other (Heating), Steam
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 5
  • parkingtotal: 0
  • roof: Flat
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"RE/MAX Real Estate Professiona", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"agentallentang@gmail.com", "ListBrokerageCity":"Brooklyn", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"RE/MAX Real Estate Professiona", "ListBrokeragePhone":"(718) 532-2000", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"NY", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"261 4th Avenue", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"8402 20th Avenue", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Brooklyn", "ListOfficeCountry":"US", "ListOfficeEmail":"remax8402@gmail.com", "ListOfficePostalCode":"11214", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"Mixed Use - Manhattan, NY", "ListingURL":"https://listings.listhub.net/pages/BMLSNY/490575/?channel=rexren", "MLSModificationTimestamp":"2025-10-21T12:17:05Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Mixed Use", "RawPropertyType":"Mixed Use", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":58000, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/21/2025 6:02:24 PM GMT
Source Updated Date: 12/5/2025 6:42:08 PM GMT

Courtesy of: Siu Lun (Allen)Tang, Re/Max Real Estate Professiona, agentallentang@gmail.com

Copyright © 2025 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.