66 Mulberry Street
$11,000,000
35
32
22,000
22,000
$500
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
Status | Active |
---|---|
MLS ID | RPLU-33423281665 |
Days on Market | 18 |
Taxes | $18,991 / month |
Maintenance | - |
Min. Down Pymt | - |
Total Rooms | 0.0 |
Compass Type | Multi Family |
MLS Type | House/Building |
Year Built | 1909 |
Lot Size | 5,058 SF / 100' x 50' |
County | New York County |
Building
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
Property History for 66 Mulberry Street
Date | Event & Source | Price | Appreciation | Link |
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Date | Event & Source | Price |
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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.
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