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Printed from StreetEasy.com at 07:24 PM, May 13 2025

120 Forsyth Street #1

$3,499,000 for sale
  • 9,618 ft²
  • $363 per ft²
  • 64 rooms
  • 36 beds
  • 20 baths
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Listing by Remax Real Estate Professionals, Corporate Broker, 6423 11th Ave, Brooklyn NY 11219.
Days On Market
19 Days
Last Price Change
No Recorded Changes
Estimated Payment
Payment calculator$0
Monthly Taxes
N/A
Monthly Maintenance
N/A
Tax Abatement
No Data Available

About the Listing

Description

Rare investment opportunity for this 22 units mixed use building in Lower East Side with 6% cap rate. Total of 18 two-bedrooms residential units and 4 store units total of 22 units (C4-4A Zoning). All 4 stores are vacant and 1 two-bedrooms unit will be delivered, remaining 17 two-bedrooms units with leases.

Rare investment opportunity for this 22 units mixed use building in Lower East Side with 6% cap rate. Total of 18 two-bedrooms residential units and 4 store units total of 22 units (C4-4A Zoning). All 4 stores are vacant and 1 two-bedrooms unit will be delivered, remaining 17 two-bedrooms units with leases. New flat roof and exterior wall refreshed within 2 years. Hot water heater was replaced within 2 years. High annual rental income of $340,000 and consistently generated substantial profits. Price aggressively for today’s market.

Amenities

Building Amenities

Listing Amenities

  • City View
  • Park View
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About the Building

120 Forsyth Street  New York, NY 10002
Rental Building in Lower East Side
  • 18 Units
  • 5 Stories
  • 1900 Built
Sales listings: 1 active
Rentals listings: 1 previous
more about the building

Property History

DatePriceEvent

4/2/2025

$3,499,000

Listed by Remax Real Estate Professionals


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Nearby

Transportation

  • J Z at Bowery

    under 500 feet

  • B D at Grand St

    under 500 feet

  • F J M Z at Delancey St-Essex St

    0.2 miles

  • F at 2nd Av

    0.3 miles

  • 6 at Spring St

    0.32 miles

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Schools

District 2 - Schools zoned for this address:
P.S. 042 Benjamin Altman

(PK,0K,01,02,03,04,05,SE)

 M.S. 131

(06,07,08,SE)
Disclaimer: School attendance zone boundaries are not guaranteed to be accurate – they are provided by a third party and subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

Colleges

  • Cooper Union

    0.62 miles

  • Hebrew Union College

    0.68 miles

  • New York Academy of Art

    0.73 miles

  • New York University

    0.75 miles

  • New York Law School

    0.78 miles

Parks

  • Sara D. Roosevelt Park

    0.04 miles

  • First Park

    0.33 miles

  • Petrosino Square

    0.33 miles

  • Seward Park

    0.34 miles

  • Liz Christy Garden

    0.34 miles

Museums

  • Tenement Museum

    0.13 miles

  • New Museum of Contemporary Art

    0.22 miles

  • Italian American Museum

    0.28 miles

  • Children's Museum of the Arts

    0.37 miles

  • Museum Of Chinese In America

    0.37 miles

A map showing the location and surroundings of 120 FORSYTH STREET
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About Lower East Side

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Listed By

Remax Real Estate Professionals, Corporate Broker, 6423 11th Ave, Brooklyn NY 11219.
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