- For Sale $623.18/SF
- Property Type Mixed Use
- Property Size 14,442 SF
- Units 22
- Lot Size 0.07 Acre
- Cap Rate % 6.25
- Additional Rent Contact for pricing
- # of Floors 6
- Year Built 1900
- Date Updated Jul 17, 2024
Michael Ferrara of Brax Realty, as exclusive agent, is pleased to offer for sale 28 Forsyth Street in Chinatown.
28 Forsyth Street, located between Canal Street and Division Street is a +/- 14,442 SF mixed use building with 22 apartments, two retail stores and 1 storage space. With 30.42' of frontage, the property is situated at the intersection of Little Italy, the Lower East Side and Two Bridges and has easy subway access to the F, B, D, J and Z lines.
Of the 22 apartments, 11 are free market and 11 are rent stabilized and both retail stores are currently leased offering excellent cash flow and future upside.
· +/- 14,442 SF Mixed Use Building
· 30.42' Wide Building
· 22 Apartments + 2 Retail
· 11 FM / 11 RS
· Short walk to numerous subway lines
· Apartments with soundproof windows and character - having exposed brick & exposed original beam ceilings
· Great light and air with the building overlooking Forsyth Plaza & the Manhattan Bridge Arch and Colonnade
Asking $9,000,000 (6.25% Cap Rate)
Reach out to the broker for more info on lease terms and amenities
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Contacts
Location
Getting Around
-
Walk Score ®
100/100 Walker's Paradise -
Transit Score ®
100/100 Rider's Paradise -
Bike Score ®
95/100 Biker's Paradise
- City New York, NY
- Neighborhood Chinatown
- Zip Code 10002
- Market Manhattan
Points of Interest
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East Broadway (F)
0.21 miles
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Delancey Street
0.38 miles
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Spring Street
0.52 miles
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Allen St & Houston St
0.59 miles
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Nassau Street & Frankfort Street at Southeast Corner
0.62 miles
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1 Avenue & Houston St
0.62 miles
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Second Ave (F,V)
0.62 miles
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Houston Street & Lafayette Street at Southeast Corner
0.67 miles
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Houston Street & Lafayette Street at Northeast Corner
0.69 miles
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Houston Street & Crosby Street at Northeast Corner
0.70 miles
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Blink
0.18 miles
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Tesla Supercharger
0.18 miles
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ChargePoint
0.88 miles
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Mobil
1.54 miles
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BP
1.72 miles
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Emporium
1.78 miles
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Citgo
2.02 miles
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Sunoco
2.08 miles
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Shell
2.29 miles
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Gulf
2.42 miles
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iPark
0.17 miles
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Christie Garage
0.17 miles
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88 Madison Street Parking
0.24 miles
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Delancey & Essex Municipal Garage
0.42 miles
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Edison Park Fast
0.59 miles
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Beekman Parking
0.70 miles
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Enterprise Ann Parking
0.73 miles
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Park Fast
0.74 miles
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Icon Parking
0.78 miles
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Edison ParkFast
0.83 miles
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Canal Loft Hotel
0.02 miles
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Hotel Richland
0.06 miles
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Hotel Mimosa
0.08 miles
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Leon Hotel
0.08 miles
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Hotel MB
0.11 miles
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Hotel91
0.11 miles
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Manhattan Bowery Lodge
0.12 miles
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Wyndham Garden Chinatown
0.14 miles
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Hotel 50 Bowery
0.15 miles
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Fairfield Inn & Suites
0.15 miles
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Rong City Fish Balls
0.03 miles
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Hong Man
0.03 miles
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Super Taste
0.04 miles
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KO Burger
0.05 miles
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My Food House
0.05 miles
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Lian Jiang
0.06 miles
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Rong Hang
0.07 miles
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98K Fried Chicken and Sandwich
0.07 miles
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Fong On
0.07 miles
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Popeyes
0.07 miles
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Intermediate School 131
0.08 miles
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Public School 124
0.18 miles
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Talent Prep
0.21 miles
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Public School 2
0.22 miles
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Public School 23
0.25 miles
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Transfiguration Roman Catholic School
0.26 miles
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New Design High School
0.28 miles
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Seward Park High School
0.28 miles
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Manhattan Bridges High School
0.28 miles
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St. Joseph School
0.29 miles
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Swan
0.17 miles
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Metrokids Preschool
0.18 miles
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CPC Chung Pak Day Care Center
0.34 miles
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Bright Horizons
0.41 miles
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Elements Preschool
0.48 miles
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All My Children Daycare & Nursery
0.63 miles
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First Steps Academy
0.64 miles
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Esciela Hispana Montessori
0.64 miles
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Oasis Downtown Day Camp
0.74 miles
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New Amsterdam School
0.85 miles
Frequently Asked Questions
The space currently listed for sale at 28 Forsyth St asks for $623.18/SF.
28 Forsyth St totals 14,442 square feet.
28 Forsyth St was built in 1900.
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Brax Realty