文件
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特點
| 落成年份 | 2000 |
| 建築面積 總收入 |
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| 土地面積 總收入 |
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| Number of units | 16 |
物業簡介
JLL has been retained on an exclusive basis to arrange for the sale of 5 Spring Street, a 9,135 square foot mixed-use property located on the north side of Spring Street between Bowery & Elizabeth Street. The five-story, prewar building is organized into 15 residential units above a single retail unit on the ground floor. Of the 15 residential units, 7 are currently free market, 7 are rent stabilized, and 1 is rent controlled. The 2,427 net sf retail space is occupied by the legendary bar tenant, Sweet & Vicious, who has been a staple in the area for years. They also have access to a large rear yard which is permitted for bar service. 5 Spring Street represents an ideal opportunity for a variety of investors to acquire a fully leased, cash-flowing property in a prime submarket of Manhattan. In addition, only half of the apartments have been renovated and there are approximately 7,000 sf of available air rights, positioning the asset with future upside.
投資亮點
- Prime NoLita Location
- In-Place Cash Flow Stability
- Excellent Connectivity
- Strong Retail Tenancy
- Approximately 50% Free Market
- Long-Term Upside Potential
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