260 Elizabeth St New York, NY 10012
Five adjacent mixed-use properties in Nolita, fully leased with upside.
Type:Multifamily
Property size:
39,020 SFLot size:
0.24 AcresPrice / SF:
$1,409/SF- Added:
- Sep 25, 2024
- Days on Market:
- 575
- Last Refresh:
- Mar 17 at 1:13 pm
Property Features for 260 Elizabeth St
General Information
- Standard status
- Active
- Size
- 39,020 SF
- Lot size
- 0.24 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1925
Listing agent Lillian Gorbachincky License #10491212452
Listing office Gorbachincky Real Estate
Listing date Sep 25, 2024
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Gorbachincky Real Estate
Overview
Nolita Fully Leased Portfolio
Located at 260-268 Elizabeth St in Manhattan's Nolita neighborhood, this exclusive portfolio comprises five adjacent properties, presenting a rare investment opportunity. The properties are fully leased and offer cash flow potential. Each building features a mix of retail and residential tenants. The total lot size for all five properties is 10,560 square feet, with each lot measuring 2,112 square feet. The combined building size is 39,020 square feet, with each building spanning 7,804 square feet across five stories. Constructed in 1925 and last altered in 1986, the buildings are classified as walk-up apartments with ground-floor retail. The zoning is C6-2, LI, which allows for diverse commercial and residential uses. The portfolio includes a total of 40 residential units, with 20 being regulated, and 5 commercial retail units. The location is near SoHo, Little Italy, and various transportation options. The commercial spaces benefit from the area's vibrant retail scene and steady foot traffic, while the residential units appeal to those seeking a downtown Manhattan lifestyle.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
NEIWAI
Clothing Store
Printfresh
Clothing Store
&Arabica
Cafe & Coffee Shop
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.993443
- Latitude
- 40.723838
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Five adjacent mixed-use properties in Nolita, fully leased with upside.
Where is this mixed-use property located?
The property is located at 260 Elizabeth St New York, NY.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Fully Leased Portfolio: Generates immediate cash flow with 100% occupancy.; Prime Nolita Location: Situated in a highly desirable Manhattan neighborhood.; Significant Scale: Portfolio includes five adjacent properties totaling 39,020 SF.
