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Excellent inverstment opportunity in the heart of Manhattan's Lower East Side. This mixed-use property features 2 ground-floor retail stores and 18 residential apartments, plus a finished basement. The building is ideally situated just two blocks from the East Broadway subway station, offering convenient access to major transit lines and quick commutes to SoHo, Midtown Manhattan, and Downtown Brooklyn, making it highly attractive to both residential and retail tenants.
The property offers an attractive approximately 6.35% cap rate in a prime neighborhood surrounded by shops, restaurants, and essential services. This property presents an opportunity for long-term investors seeking stable cash flow in a high-demand New York City market.
Copyright © 2025 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but...
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.
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