120 Forsyth Street, Manhattan, NY 10002

$3,499,000

bedrooms

bathrooms

square feet

9,618

Acreage

0.05906795224977043

Open Houses

year built

1900

Full Baths

Half Baths

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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.

Location
Subdivision	-
County	New York (Manhattan)
Elementary School	-
Middle School	-
High School	-

Exact location data not provided

Driving directions

Open houses

None scheduled.

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MLS number: 490575

Listing agent: Siu Lun (Allen)Tang

Listing broker: Re/Max Real Estate Professiona (718) 532-2000

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Last update: Tuesday, April 22 2025 at 3:18 p.m. EDT

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