119 Mott St
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119 Mott St
9,700 SF 100% Leased Retail Building New York, NY 10013 For Sale
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 $9.2M.
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 pricing.
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 pricing.
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
9,700 SF
Building Class
C
Year Built
1910
Percent Leased
100%
Tenancy
Multiple
Number of Floors
5
Building FAR
3.71
Land Acres
0.06 AC
Zoning
C6-2G - C6 districts permit a wide range of high-bulk commercial uses requiring a central location
Frontage
Amenities
- Bus Route
- Corner Lot
- Public Transport
- Restaurant
- Signage
- Tenant Controlled HVAC
- Air Conditioning
Walk Score ®
Walker's Paradise (100)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Biker's Paradise (93)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 0205-0019 | Improvements Assessment | £1,108,607 |
| Land Assessment | £80,893 | Total Assessment | £1,189,500 |
PROPERTY TAXES
Parcel Number
0205-0019
Land Assessment
£80,893
Improvements Assessment
£1,108,607
Total Assessment
£1,189,500
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119 Mott St
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