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Mixed-Use Building with Retail
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28 Forsyth St, New York, NY 10002

Mixed-use property combining apartments, two leased retail stores, and dedicated storage space.

Property Size14,442 SF
Days on Market143

Property Features for 28 Forsyth St

General Information

Standard status Active
Size 14,442 SF
Property subtype Mixed Use

Site & Location

Frontage 30.42 ft
Road Access Yes
Public Transit Yes

Additional Details

Multifamily Units 22

Amenities

subway access

Building Details

Buildings 1
Tenancy Multi
Listing Agency: Brax Realty Group LLC
Listed By: Michael Ferrara · License #ny 10491208241
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 8:28PM

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 Brax Realty Group LLC

Investment Insights

Based on property information with market context.

This mixed-use building contains 22 apartments, two retail stores, and one storage space within approximately 14,442 SF. The residential component is evenly divided between 11 free-market apartments and 11 rent-stabilized apartments, while both retail spaces are leased.

The property has 30.42 feet of frontage and sits between Canal Street and Division Street, at the intersection of Chinatown, Little Italy, the Lower East Side, and Two Bridges. Subway access includes the F, B, D, J, and Z lines, providing connectivity to multiple Manhattan routes.

Key Highlights

  • Approximately 14,442 SF mixed‑use building
  • 22 apartments: 11 free‑market and 11 rent‑stabilized
  • Two retail stores, both currently leased

Property Analytics

Current Use

Khan Sheng Food Big Box & Wholesale Store 24 HR CAR ... Auto Repair Shop Law Office of Cuiyun(Laura) ... Law Firm HAPPY99 Clothing Store

Suggested Use

Top Pick Nursing Home Pet Grooming Service Buffet Clothing & Fashion Store Locksmith (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

22
Residential units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

21,064
Businesses Nearby

Demographics for 10002, NY

82,155
Population
39,646
Households
2.1
Avg Household Size
41
Median Age
39%
College-Educated
71%
High-School Grad
0.8 sq mi
ZIP Area
102,694
Density / Sq Mi
$46,525
Median Household Income
$51,425
Median Earnings
$1,207
Median Rent
$808,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property combining apartments, two leased retail stores, and dedicated storage space.
Where is this mixed-use property located?
The property is located at 28 Forsyth St New York, NY.
What are key features of this property?
This property features: Approximately 14,442 SF mixed‑use building; 22 apartments: 11 free‑market and 11 rent‑stabilized; Two retail stores, both currently leased
(646) 668-4803 Call to check price and availability
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