239 Elizabeth Street — Sale in New York, NY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: New York, NY 10012

Investment Figures

Cap rate
6.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to offer the following opportunity located in the booming NoLIta neighborhood. 239 Elizabeth Street is located on the West side of Elizabeth Street between Prince & East Houston Streets. The property boasts a gross square footage of 7,670, is zoned C6-2 / R8, and is built 20 ft x 75 ft on a 20 ft x 90.25 ft lot (Block: 508; Lot: 42). Investment Highlights: • 239 Elizabeth Street, built in 1914, is a meticulously maintained, mixed-use trophy asset spanning a total of 7,670 square feet. • Tax Class: 2B | Zoning: C6-2 / R8 | 33% Free Market • Strategically & conveniently located steps from SoHo, Little Italy, the Elizabeth Street Garden, New York University, Washington Square Park, and in close proximity to B,D,F,M & 6 Subway lines.

Market Context

This mixed use in New York, NY is listed for sale. It is offered at an approximate 6.0% capitalization rate, a key benchmark for income-producing mixed use assets. It has been on the market for 100 days. Compare it against other mixed use listings for sale in New York, NY — view the full market.

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