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120 Forsyth Street, Manhattan, NY 10002
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$3,380,000
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Home Details for 120 Forsyth Street
Price
$3,380,000
Type
other
Year Build
1900
Sq. Ft.
9618
Lot Size
0.06
County
New York
Basement
Finished
Tax
$58,000
MLS®️ Listing#
490575
On exitrealty.com
232 days
Property Description
Rare investment opportunity for this 22 units mixed use building in Lower East Side with 6% cap rate. Total of 18 two-bedrooms residential units and 4 store units total of 22 units (C4-4A Zoning). All 4 stores are vacant and 1 two-bedrooms unit will be delivered, remaining 17 two-bedrooms units with leases. New flat roof and exterior wall refreshed within 2 years. Hot water heater was replaced within 2 years. High annual rental income of $340,000 and consistently generated substantial profits. Price aggressively for today's market.
- Heating Information
- Steam
- Natural Gas
- Basement
- Finished
Listing Courtesy: Re/Max Real Estate Professiona - 718-872-5522
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Brooklyn Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2025 Brooklyn MLS. All Rights Reserved.
Fair Housing Notice
Fair Housing NoticeLast Updated: 2025-10-21 11:45:37
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