Contacts
Brax Realty
Property Details
- Property Type Mixed Use
- Property Size 14,442 SF
- Units 22
- Lot Size 0.07 Acre
- Cap Rate % 6.25
- Additional Rent Contact for pricing
- # of Floors 6
- Year Built 1900
- Date Updated Jul 17, 2024
Michael Ferrara of Brax Realty, as exclusive agent, is pleased to offer for sale 28 Forsyth Street in Chinatown.
28 Forsyth Street, located between Canal Street and Division Street is a +/- 14,442 SF mixed use building with 22 apartments, two retail stores and 1 storage space. With 30.42' of frontage, the property is situated at the intersection of Little Italy, the Lower East Side and Two Bridges and has easy subway access to the F, B, D, J and Z lines.
Of the 22 apartments, 11 are free market and 11 are rent stabilized and both retail stores are currently leased offering excellent cash flow and future upside.
· +/- 14,442 SF Mixed Use Building
· 30.42' Wide Building
· 22 Apartments + 2 Retail
· 11 FM / 11 RS
· Short walk to numerous subway lines
· Apartments with soundproof windows and character - having exposed brick & exposed original beam ceilings
· Great light and air with the building overlooking Forsyth Plaza & the Manhattan Bridge Arch and Colonnade
Asking $9,000,000 (6.25% Cap Rate)
Reach out to the broker for more info on lease terms and amenities
Getting around
-
100/100
Walk Score ®
-
100/100
Transit Score ®
-
95/100
Bike Score ®
Location
- City New York, NY
- Neighborhood Chinatown
- Zip Code 10002
- Market Manhattan
Points of Interest
-
East Broadway (F)
0.21 miles
-
Delancey Street
0.38 miles
-
Spring Street
0.52 miles
-
Allen St & Houston St
0.59 miles
-
Nassau Street & Frankfort Street at Southeast Corner
0.62 miles
-
1 Avenue & Houston St
0.62 miles
-
Second Ave (F,V)
0.62 miles
-
Houston Street & Lafayette Street at Southeast Corner
0.67 miles
-
Houston Street & Lafayette Street at Northeast Corner
0.69 miles
-
Houston Street & Crosby Street at Northeast Corner
0.70 miles
-
Blink
0.18 miles
-
Tesla Supercharger
0.18 miles
-
ChargePoint
0.88 miles
-
Mobil
1.54 miles
-
BP
1.72 miles
-
Emporium
1.78 miles
-
Citgo
2.02 miles
-
Sunoco
2.08 miles
-
Shell
2.29 miles
-
Gulf
2.42 miles
-
iPark
0.17 miles
-
Christie Garage
0.17 miles
-
88 Madison Street Parking
0.24 miles
-
Delancey & Essex Municipal Garage
0.42 miles
-
Edison Park Fast
0.59 miles
-
Beekman Parking
0.70 miles
-
Enterprise Ann Parking
0.73 miles
-
Park Fast
0.74 miles
-
Icon Parking
0.78 miles
-
Edison ParkFast
0.83 miles
-
Canal Loft Hotel
0.02 miles
-
Hotel Richland
0.06 miles
-
Hotel Mimosa
0.08 miles
-
Leon Hotel
0.08 miles
-
Hotel MB
0.11 miles
-
Hotel91
0.11 miles
-
Manhattan Bowery Lodge
0.12 miles
-
Wyndham Garden Chinatown
0.14 miles
-
Hotel 50 Bowery
0.15 miles
-
Fairfield Inn & Suites
0.15 miles
-
East Broadway Mall
0.08 miles
-
Chao Hui Grocery Store
0.12 miles
-
Chinatown Supermarket of Manhattan
0.12 miles
-
New York Mart
0.13 miles
-
FMN General Store
0.15 miles
-
Super A Mart
0.17 miles
-
Po Wing Hong Food Market
0.19 miles
-
Hong Kong Supermarket
0.19 miles
-
Bayard Market
0.20 miles
-
Lucky Star Bamboo Depot
0.20 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Brax Realty
