138 Mulberry Street, 3A
Neighborhood: Little Italy
|Approx SF||4,008 SF||Bathrooms||3|
Investors don't miss the opportunity to purchase this 4,008-square foot live/work loft in Little Italy. This commercial condo is currently sub-divided into two commercial leases netting $128,200 per year (that is a 4% Cap Rate with the newly reduced price). The tenants pay all utilities. The owner has updated the space with new central AC, glass sliding doors, modern kitchenette and bathroom facilities, plus there are original exposed brick archways throughout, exposed wood beams, steel support beams, and old factory oak-strip floors which add to its charm. The building has a freight elevator which opens directly from the street. Similar apartments in the building have already been converted into residential lofts. 138 Mulberry is located in the heart of Little Italy, with easy access to LES, Nolita, Chinatown, SoHo, and the best that Downtown has to offer.
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