121 DIVISION STREET

For Sale - Manhattan - Chinatown

$6,500,000

Net Operating Income: $217,534

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Key Details

Property Type
Mixed Use
Neighborhood
Chinatown
Property Dimensions
26.0 x 51.0
Property Area
4,050 sq.ft.
Total Units:
3
Stories:
3
NOI
$217,534
Price
$6,500,000

Listing Description

Cushman and Wakefield has been retained on an exclusive basis to arrange the sale of 121 Division Street, a mixed use building between Orchard and Ludlow Street, NYC. The building has a new restaurant on the ground floor and 2 floor-through units above. The retail tenant is Kiki’s, a popular neighborhood restaurant (original location across the street) (LXP 2026). The 2nd floor is a 2 bedroom, 2 bathroom unit, with exclusive backyard access, which will be delivered vacant at closing. The 3rd floor is a gut renovated apartment designed and remodeled by famous designer Peter McGrattan in 1996.

Property Details

Block/Lot:
283/88
Lot Dimensions
26.33 x 63.0
Lot Area
1,573 sq.ft
Zoning:
C6-2
FAR as Built:
6.02
Max FAR:
6.02
Bryan HurleyCushman & Wakefield
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Sales & Transactions

AddressSale PriceSale DateProperty Type
185 HESTER STREET$18,250,00007/24/2018Mixed Use
77-79 MADISON STREET$12,000,00004/25/2018Mixed Use
63 EAST BROADWAY$5,500,00004/17/2018Mixed Use
185 GRAND STREET$13,500,00003/22/2018Mixed Use
127 MOTT STREET$7,370,00003/02/2018Mixed Use
174 HESTER STREET$8,550,00002/22/2018Mixed Use
360 BROADWAY$46,000,00002/16/2018Mixed Use
102-104 MOTT STREET$14,700,00001/12/2018Mixed Use
41-43 DIVISION STREET$15,500,00012/20/2016Mixed Use
45 MOTT STREET$8,275,00011/16/2016Mixed Use