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119 Mott St 14 Unit Apartment Building $7,900,000 ($564,286/Unit) New York, NY 10013
Investment Highlights
- Great corner location on Mott/Hester St.
- Public parking close by
- Restauranter dream purchase!
- High visibility corner
- Corner Restautant with 100' feet frontage on Hester St.
- Contact Ray Bart at 212-602-1137 for more details
Executive Summary
Motivated seller!! Previously listed over $8.6M.
Building is 100% occupied with commercial and residential tenants. Ground floor retail space can be delivered vacant or with excellent tenant. Total of 11 Residential apartments across three floors. Apartment details: 5 Free market, 2 Rent controlled, and 4 rent stabilized.
Prime location in Chinatown for anchor restaurant, Hot Pot or Asian concept.
Added value: building has cell tower currently leased on roof valued over $1.2M. Approximately 5,500 SF of Air rights!
Buyers are waiting to buy easement. New owner can sale for profit.
Contact Ray for today's update set up information (718)-644-0063
Building is 100% occupied with commercial and residential tenants. Ground floor retail space can be delivered vacant or with excellent tenant. Total of 11 Residential apartments across three floors. Apartment details: 5 Free market, 2 Rent controlled, and 4 rent stabilized.
Prime location in Chinatown for anchor restaurant, Hot Pot or Asian concept.
Added value: building has cell tower currently leased on roof valued over $1.2M. Approximately 5,500 SF of Air rights!
Buyers are waiting to buy easement. New owner can sale for profit.
Contact Ray for today's update set up information (718)-644-0063
Property Facts
| Price | $7,900,000 | Property Subtype | Apartment |
| Price Per Unit | $564,286 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Sale Condition | 1031 Exchange | Building Size | 9,700 SF |
| No. Units | 14 | No. Stories | 5 |
| Property Type | Multifamily | Year Built | 1910 |
| Zoning | C6-2G - C6 districts permit a wide range of high-bulk commercial uses requiring a central location | ||
| Price | $7,900,000 |
| Price Per Unit | $564,286 |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 9,700 SF |
| No. Stories | 5 |
| Year Built | 1910 |
| Zoning | C6-2G - C6 districts permit a wide range of high-bulk commercial uses requiring a central location |
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Walk Score®
Walker's Paradise (100)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (93)
Property Taxes
| Parcel Number | 0205-0019 | Improvements Assessment | $1,474,264 |
| Land Assessment | $103,050 | Total Assessment | $1,577,314 |
Property Taxes
Parcel Number
0205-0019
Land Assessment
$103,050
Improvements Assessment
$1,474,264
Total Assessment
$1,577,314
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119 Mott St
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