238 Mulberry St, New York, NY 10012

7,800 SF | 6% Leased | Retail Building | New York, NY 10012 | $10,995,000 ($1,410/SF) | 4.50% Cap Rate

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $10,995,000

Property Type
Retail
Square Feet
7,800 SF
Price / Square Foot
$1,410

Listing Contacts

David Graff
David Graff
Verified Profile
  • Property Info

Property Overview

238 Mulberry is located on the best block in Nolita, between Prince & Spring.
Configured as a 5 story, 4 unit, mixed-use building with ground floor retail, 2 full-floor apartments & 1 PH duplex.
You can create a multi-floor or a single family residence upstairs. A curb cut will allow you to potentially create a single family with a private garage one day in the future.
All apartments are in mint condition with high ceilings, private outdoor space, separately metered electric / gas, oversized windows, washers/dryers, central AC and storage.
This stretch of Mulberry is the hottest block in NOLITA with Rubirosa, 240 Mulberry Bar, Ruby's cafe, Reginas, Parm & The Grey Dog Cafe among others.
NOI-$496,761
5% Co-Broke

Property Details

Class
C
Year Built
1900
Stories
4
Property Subtype
Storefront Retail/Residential
Lot Size (sq. ft)
2,614 SF

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