66 Mulberry Street

$11,000,000
Price
35
Beds
32
Baths
22,000 Sq. Ft.
$500 / Sq. Ft.
22,000
Sq. Ft.
$500
per Sq. Ft.

Description

The Forray Team at The Corcoran Group is pleased to present 66 Mulberry St/85-91 Bayard St. A remarkable well-maintained prewar corner mixed-use building in heart of vibrant Chinatown, Lower/Downtown Manhattan. The property features six (6) diverse commercial retail tenants with uses ranging from restaurant, bakery, ice cream, tea, and more along with thirty-one (31) rent-stabilized residential units above. Offering strong rental income and phenomenal location rich in history/tradition & culture,...The Forray Team at The Corcoran Group is pleased to present 66 Mulberry St/85-91 Bayard St. A remarkable well-maintained prewar corner mixed-use building in heart of vibrant Chinatown, Lower/Downtown Manhattan. The property features six (6) diverse commercial retail tenants with uses ranging from restaurant, bakery, ice cream, tea, and more along with thirty-one (31) rent-stabilized residential units above. Offering strong rental income and phenomenal location rich in history/tradition & culture, its perfect for new ownership/investor looking for an exceptional investment and significant value to their existing portfolio with its projected cap rate close to 7%. This exclusive opportunity presents a rare chance for the ownership of an existing corner mixed-use brick/masonry property (C7 Building Class) built on a colossal 50.58 X 100 Lot providing incredible frontage on both streets. The existing five (5) story building boast approx. 22,000SF of commercial and residential space. Within C6-1 zoning, an additional +/-7,601SF can be expanded upon the property, offering a maximum usable FAR of 29,616! Does not reflect any upcoming zoning changes due to House of Yes Approval In the bustling core of Chinatown, 66 Mulberry St/85-91 Bayard St offers easy access to vibrant landmarks, parks, food markets, museums, art galleries, bars/restaurants, nightlife, and hotspots. Proximity to Tribeca, Soho, Little Italy, and Lower East Side makes it easy to experience all of Downtown. Commuters will appreciate proximity to the Manhattan/Brooklyn/Williamsburg Bridges, FDR Drive, and BQE, along with nearby J/N/Q/R/W/Z/6 (Canal/Chambers/City Hall/Bowery) and B/D (Grand St) subway lines, making it ideal for accessibility. Popular nearby establishments include Nom Wah Tea Parlor, Wo Hop, Golden Unicorn, Uncle Lou, Joe's Shanghai, Mei Lai Wah, and Great NY Noodletown, to name just a few. Please reach out to exclusive listing brokers to request a sales memorandum and with any questions. (All material herein is intended for information purposes only and has been compiled from sources deemed reliable. Though information is believed to be correct, it is presented subject to errors, omissions, changes, or withdrawal without notice. Buyers are advised to verify all information.)

Property Details for 66 Mulberry Street

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LISTING UPDATED: 12/20/2024 01:02 PM

Property Details for 66 Mulberry Street

StatusActive
MLS IDRPLU-33423281665
Days on Market18
Taxes$18,991 / month
Maintenance-
Min. Down Pymt-
Total Rooms0.0
Compass TypeMulti Family
MLS TypeHouse/Building
Year Built1909
Lot Size5,058 SF / 100' x 50'
CountyNew York County

Building

66 Mulberry St

35 Units5 StoriesBuilt in 1909

Building Information for 66 Mulberry Street

Stories5Residences35Year Built1909Building Size25' x 45'Building Sq. Ft5,625 SFLot Size5,058 SF / 100' x 50'Building Age-Building Type-

Property Information for 66 Mulberry Street

Summary
Location and General Information
  • Subdivision Name: Chinatown
  • Stories Total: 5
  • Garage Spaces: 0.0
  • View: No
Taxes and HOA
  • Tax Lot: 0019
  • Tax Block: 00164
  • Flip Tax: $0
  • Building Tax Lot: 0019
  • Tax Abatement YN: false
Parking
  • Garage: No
  • Garage Spaces Assigned YN: false
Property
Lot Information
  • Living Area: 22000.0
  • Building Area Total: 22000.0
  • Building Area Units: SquareFeet
  • Lot Size Dimensions: 100.00x50.58
  • Living Area Units: SquareFeet
  • Building Name: 66 Mulberry Street
Building Information
  • Landmark Status YN: false
  • Building Smoke Free YN: true
  • Building Laundry Features: InUnit
  • Building Pets Allowed: BuildingYes
  • Capital Reserves YN: false
  • Green Building YN: true
Property and Assessments
  • New Development: No
  • Sponsor Unit: No
  • Certificate Of Occupancy: Yes
  • Percent Of Common Elements: .00%
  • Common Interest: None
  • New Construction: No
  • Structure Type: MixedUse
  • Property Condition: Good
Interior and Exterior Features
Exterior Features
  • Basement: Other
  • Patio And Porch Features: None
Interior Features
  • Cooling: Other
  • Entry Level: 1
  • Fireplace: No
  • Floor Number: 1
  • Basement: Yes
  • Cooling: Yes
  • ElevatorsTotal: 0
  • Size Dimensions: 45.00x25.00
Multi Family
Multi-Family Information
  • Number Of Units Total: 32
Rental
Rental Information
  • Pets Allowed: UnitNo
  • Delivered Vacant: No
  • Attendance Type: None
  • Land Lease: No

Property History for 66 Mulberry Street

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 66 Mulberry Street

Taxable ValueLand$333,000Additions$1,618,200Total$1,951,200
Home Facts
Total Finished SqFt22,000 SqFtLot Size4,936 SqFtYear Built1909ZoningC6-1APN1001640019

Schools near 66 Mulberry Street

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
P.S. 124 Yung Wing
PublicPK to 5

Lower Manhattan Community Middle School
Public6 to 8

Nyc Lab Ms For Collaborative Studies
Public6 to 8

Ms 131
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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66 Mulberry Street is a multi-family home for sale in Chinatown. This property was listed for sale on December 5, 2024 by Corcoran Group, it's currently listed at $11,000,000. This listing's school district is New York City Geographic District # 2. Nearby schools include P.S. 124 Yung Wing, Lower Manhattan Community Middle School and Nyc Lab Ms For Collaborative Studies. 66 Mulberry Street is a 35-bed, 32-bath, 22,000 sqft multi-family home built in 1909.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Corcoran Group

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.