Investors' Dream Opportunity in Little Italy NoLita 385 Broome Street is a Free Market Rental CORNER building located in the heart of Little Italy NoLita, New York City, right at ...


Property

Website:https://www.nestseekers.com/3274930
Address:
385 Broome Street
New York, NY 10013
Ownership: For Sale
Type: Commercial
Bedrooms: Studio

Financials

Price: $19,800,000

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Description

Investors' Dream Opportunity in Little Italy/ NoLita 385 Broome Street is a Free-Market Rental CORNER building located in the heart of Little Italy/NoLita, New York City, right at the high-traffic corner of Mulberry Street and Broome Street ideally situated among Little Italy, NoLita and SoHo, three of the most desirable neighborhoods close to public transportation, major employment hubs, and all the cultural attractions that Manhattan has to offer. Investment Highlights - Most valuable corner with high traffic and visibility in the heart of Little Italy/NoLita. - Large approx. 26' x 100' frontage - Well-maintained building. (delivered vacant with 2 retails in place) - Building was renovated with new stairs, plumbing & electrical in 2005.) - All units are FREE Market rentals, sub-metered, central air, W/D in unit, high ceilings, large windows - Still Below market-rate rents. - Good track record of historical appreciation. - Value-add opportunities

Amenities

  • Dishwasher
  • Dryer
  • Microwave
  • Oven
  • Refrigerator
  • Washer

Contact

505 Park Ave, New York, NY 10022
Courtesy of Jade Stone Real Estate, Inc.