73 THOMPSON ST., #Building
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$6,500,000

Price

Sold
ID #: 54979
Property Type: Investment
Approx. Size: 12,141 SqFt
Availability: NOW!
Space: Investment


Building & Unit Features


Prime 22-Unit Mixed Use Building in SoHo! 12,141 sq ft!!

The subject property is a 6-story mixed-use walk-up apartment building featuring one (1) commercial tenant and twenty-one (21) residential apartments. The ground floor retail space is currently occupied and has just begun its third year out of a ten year lease. Of the twenty-one (21) apartments, five (5) are free market, ten (10) are rent-stabilized, and six (6) are rent-controlled. The rent-regulated units are renting at an average of approximately 23% of market rents and therefore possess tremendous upside. The building consists of all one-bedroom apartments and is currently fully occupied.

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Map


Nearby Subways

  • A C E ~0.08 mi. to 166 6 Avenue
  • 1 ~0.21 mi. to Canal St & Varick St
  • N R ~0.27 mi. to 565 Broadway
  • 4 6 ~0.34 mi. to Lafayette St & Spring St
  • 4 6 J Z N Q R ~0.35 mi. to Broadway & Canal St

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