119 Mott St New York, NY 10013
Property profile & analytics
119 Mott St New York, NY 10013
- Retail residential properties
- 9,699 SF
- 0.06 lot acres
Property ID
US63-1477164
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Original Vincent's / Bar & Pub
Property Details for 119 Mott St
- Year built
- 1910
- Lot size
- 0.06 lot acres
- Property size
- 9,699 SF
- Zone code
- C62G
- Property type
- Retail residential properties
- APN
- 00205-0019
- APU
- 2050019
Description
This exceptional Class A mixed-use building, located at 119 Mott Street in New York City's vibrant Chinatown and Little Italy, presents a compelling value-add investment opportunity. The property boasts a prime corner location, offering unparalleled visibility and accessibility. The 17,500 square foot building comprises two structures, five stories each, built in 1938 and renovated in 1988, sitting on a 2,500 square foot lot. Currently housing 12 units, including a ground-floor restaurant with a full basement and a 4 AM liquor license, the property offers significant upside potential. The restaurant, a long-standing establishment, generates a monthly income of $20,000. The residential units are a mix of free-market, rent-controlled, and rent-stabilized units. The building also benefits from 5,200 square feet of available air rights, allowing for future expansion. With eleven tenants under one-year leases, the property offers a strong foundation for immediate income generation and long-term growth. Its central location provides easy access to public transportation and proximity to affluent neighborhoods like NoLIta, SoHo, Tribeca, and the Lower East Side, ensuring consistent high demand. The asking price is $9,000,000. This is a rare chance to acquire a well-positioned, income-producing asset in one of Manhattan's most dynamic and sought-after locations.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $5,155,000
- 6.5%
- $4,755,000
- 7%
- $4,415,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9974
- Latitude
- 40.7179
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$189,443
$103,050
$1,412,254
$1,515,304
-
$229,000
$3,361,000
$3,590,000
