201 Mulberry Street Brochure.indd - Agorafy
M ULBERRY S TREET
201
N EW Y ORK , N EW Y ORK 10012
N O L ITA R ETAIL C ONDO F OR S ALE
Address:
201 Mulberry Street
Block / Lot:
481 / 1201
Building Dimensions: (Approx.)
80.42’ x 99.75’ Irr.
Condo Dimensions: (Approx.)
20’ x 99’ Irr.
Frontage: (Approx.)
20’
Total SF: (Approx.)
4,600
Zoning (Split):
C6-1 / C6-2
None
Historic District:
Common Charges (15/16):
$20,160
RE Taxes (15/16):
$18,642
*A LL S QUARE F OOTAGES A RE A PPROXIMATE
ASKING PRICE : $10,500,000 DESCRIPTION: A prime NoLita retail condo in pristine condition located on the west side of Mulberry Street between Spring and Kenmare Streets. The unit is at the base of a luxury condo building and benefits from 20’ of frontage. The condo features a glass facade, 16’ ceilings, a curb cut, and five skylights. The condo is currently vacant, allowing a buyer to occupy the space or rent it out immediately. Additionally, the property has drive-in access allowing for easy deliveries and off loading. Neighboring retailers include Malia Mills, Creatures of Comfort, and Tartinery. It is also ‘ located around the corner from the Spring Street 6 train stop driving long term foot traffic to the area.
For further information or inspection please contact Exclusive Agents:
JAMES NELSON Vice Chairman 212.696.2500
ROBERT BURTON Executive Director 212.660.7770
DAVID SHALOM Senior Associate 212.660.7767
MATTHEW NICKERSON Associate Director 212.660.7742
STEPHANIE MITCHELL Associate 212.660.7724
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions, imposed by our client. The depiction in the above photography of any person, entity, sign, logo or property (other than Cushman & Wakefield’s client and the Property offered by Cushman & Wakefield) is incidental only, and is not intended to connote any affiliation, connection, association, sponsorship or approval by or between that which is incidentally depicted and Cushman &Wakefield or its client.
275 Madison Avenue • Third Floor • New York, NY 10016 • 212.696.2500 • Fax 212.696.0333
4
115 MACDOUGAL STREET
!
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www.nyinvestmentsales.com #
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M ULBERRY S TREET N EW Y ORK , N EW Y ORK 10012
N O L ITA R ETAIL C ONDO F OR S ALE REVENUE (Projected) Unit #
LXP
NSF
Proj, Monthly Rent
Proj, $/SF
Proj. Annual Rent
201 Mulberry Retail
Vacant
4,600
$57,500
$150
$690,000
4,600
$57,500
$150
$690,000
Total *YELLOW INDICATES RENTS ARE PROJECTED AT MARKET
EXPENSES (Projected)
Projected
Real Estate Taxes (15/16)
$34,500
Common Charges (15/16):
$20,160
Electric (Proj. Tenant Expense)
-
Insurance (Actual)
$3,984
Water & Sewer (Proj. Tenant Expense)
-
Heating (Proj. Tenant Expense)
-
Assessments (Actual)
$10,260
Cleaning & Repair (Proj. Tenant Expense)
-
Management (Proj. @ 3% Of EGI)
$20,700
Total
$89,604
Proj. Gross Annual Income:
$690,000
Less Expenses:
($89,604)
Net Operating Income:
$600,396
ASKING PRICE : $10,500,000
For further information or inspection please contact Exclusive Agents:
JAMES NELSON Vice Chairman 212.696.2500
ROBERT BURTON Executive Director 212.660.7770
DAVID SHALOM Senior Associate 212.660.7767
MATTHEW NICKERSON Associate Director 212.660.7742
STEPHANIE MITCHELL Associate 212.660.7724
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions, imposed by our client. The depiction in the above photography of any person, entity, sign, logo or property (other than Cushman & Wakefield’s client and the Property offered by Cushman & Wakefield) is incidental only, and is not intended to connote any affiliation, connection, association, sponsorship or approval by or between that which is incidentally depicted and Cushman &Wakefield or its client. 7
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WESTCHESTER
201
N EW Y ORK , N EW Y ORK 10012
N O L ITA R ETAIL C ONDO F OR S ALE
Address:
201 Mulberry Street
Block / Lot:
481 / 1201
Building Dimensions: (Approx.)
80.42’ x 99.75’ Irr.
Condo Dimensions: (Approx.)
20’ x 99’ Irr.
Frontage: (Approx.)
20’
Total SF: (Approx.)
4,600
Zoning (Split):
C6-1 / C6-2
None
Historic District:
Common Charges (15/16):
$20,160
RE Taxes (15/16):
$18,642
*A LL S QUARE F OOTAGES A RE A PPROXIMATE
ASKING PRICE : $10,500,000 DESCRIPTION: A prime NoLita retail condo in pristine condition located on the west side of Mulberry Street between Spring and Kenmare Streets. The unit is at the base of a luxury condo building and benefits from 20’ of frontage. The condo features a glass facade, 16’ ceilings, a curb cut, and five skylights. The condo is currently vacant, allowing a buyer to occupy the space or rent it out immediately. Additionally, the property has drive-in access allowing for easy deliveries and off loading. Neighboring retailers include Malia Mills, Creatures of Comfort, and Tartinery. It is also ‘ located around the corner from the Spring Street 6 train stop driving long term foot traffic to the area.
For further information or inspection please contact Exclusive Agents:
JAMES NELSON Vice Chairman 212.696.2500
ROBERT BURTON Executive Director 212.660.7770
DAVID SHALOM Senior Associate 212.660.7767
MATTHEW NICKERSON Associate Director 212.660.7742
STEPHANIE MITCHELL Associate 212.660.7724
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions, imposed by our client. The depiction in the above photography of any person, entity, sign, logo or property (other than Cushman & Wakefield’s client and the Property offered by Cushman & Wakefield) is incidental only, and is not intended to connote any affiliation, connection, association, sponsorship or approval by or between that which is incidentally depicted and Cushman &Wakefield or its client.
275 Madison Avenue • Third Floor • New York, NY 10016 • 212.696.2500 • Fax 212.696.0333
4
115 MACDOUGAL STREET
!
"
www.nyinvestmentsales.com #
THE BRONX
$
%
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'
(
)
BROOKLYN
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+
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WESTCHESTER
M ULBERRY S TREET N EW Y ORK , N EW Y ORK 10012
N O L ITA R ETAIL C ONDO F OR S ALE REVENUE (Projected) Unit #
LXP
NSF
Proj, Monthly Rent
Proj, $/SF
Proj. Annual Rent
201 Mulberry Retail
Vacant
4,600
$57,500
$150
$690,000
4,600
$57,500
$150
$690,000
Total *YELLOW INDICATES RENTS ARE PROJECTED AT MARKET
EXPENSES (Projected)
Projected
Real Estate Taxes (15/16)
$34,500
Common Charges (15/16):
$20,160
Electric (Proj. Tenant Expense)
-
Insurance (Actual)
$3,984
Water & Sewer (Proj. Tenant Expense)
-
Heating (Proj. Tenant Expense)
-
Assessments (Actual)
$10,260
Cleaning & Repair (Proj. Tenant Expense)
-
Management (Proj. @ 3% Of EGI)
$20,700
Total
$89,604
Proj. Gross Annual Income:
$690,000
Less Expenses:
($89,604)
Net Operating Income:
$600,396
ASKING PRICE : $10,500,000
For further information or inspection please contact Exclusive Agents:
JAMES NELSON Vice Chairman 212.696.2500
ROBERT BURTON Executive Director 212.660.7770
DAVID SHALOM Senior Associate 212.660.7767
MATTHEW NICKERSON Associate Director 212.660.7742
STEPHANIE MITCHELL Associate 212.660.7724
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions, imposed by our client. The depiction in the above photography of any person, entity, sign, logo or property (other than Cushman & Wakefield’s client and the Property offered by Cushman & Wakefield) is incidental only, and is not intended to connote any affiliation, connection, association, sponsorship or approval by or between that which is incidentally depicted and Cushman &Wakefield or its client. 7
8
9
:
;
?
@
A
B
C
@
D
C
E
F
G
=
H
>
C
X
N
@
;
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;
J
S
Y
?
W
www.nyinvestmentsales.com Z
THE BRONX
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WESTCHESTER
