For Sale
$7,950,000

133 Mulberry StNew York, NY 10013

Prime Little Italy Restaurant, 11,880 SF

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional retail condominium, located at 133 Mulberry Street in the heart of New York City's Little Italy, presents a lucrative investment opportunity. The 11,880-square-foot space is ideally situated on the ground and lower levels of an 18-unit residential building, boasting 75 feet of prominent Mulberry Street frontage. The property is currently fully leased to three distinct tenants with staggered lease expirations ranging from 2028 to 2035, ensuring a stable income stream. The ground floor encompasses 6,130 square feet, while the lower level offers an additional 5,750 square feet of space. The tenant mix includes a gift shop (3,250 sq ft), an Osteria (4,130 sq ft), and a separate tenant occupying 4,500 sq ft in the lower level. This high-visibility location, combined with the long-term leases and substantial square footage, makes this a truly remarkable investment in one of Manhattan's most vibrant neighborhoods. The asking price is $7,950,000, translating to $669.19 per square foot. This property offers a unique blend of established tenancy and prime location, promising strong returns for the discerning investor. The property is located in New York County, NY, zip code 10013.

Highlights

  • 11,880 SF total building area, ground floor and lower level, fully leased to three tenants.
  • 75' of Mulberry Street frontage provides high visibility and accessibility.

Property Details for 133 Mulberry St

Property type
Retail properties, Restaurants
Square Feet
11,880 SF

Location Insight

City
New York
County
New York
State
New York
Latitude
40.7186467
Longitude
-73.9979241
133 Mulberry St, New York, New York

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133 Mulberry St
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