138 Mulberry Street
138 Mulberry Street
Temporarily Off Market
Temporarily Off Market
Description
This massive 4,000+ square-foot quincentennial factory-style loft is an investor's delight in the short-term and could be transformed into the mega-home of your dreams down the line.
Initially, this floor-thru loft space will be delivered with a strong tenant in place, making it a rare opportunity to own in prime Little Italy with a CAP rate of 4% (to increase as the lease matures). The reputable tenant has done an extensive...4000 SQUARE FEET OF LIVE/WORK CONDO PERFECTION IN THE HEART OF LITTLE ITALY
This massive 4,000+ square-foot quincentennial factory-style loft is an investor's delight in the short-term and could be transformed into the mega-home of your dreams down the line.
Initially, this floor-thru loft space will be delivered with a strong tenant in place, making it a rare opportunity to own in prime Little Italy with a CAP rate of 4% (to increase as the lease matures). The reputable tenant has done an extensive build-out and is happy to stay upon lease expiration.
Should a buyer opt, the space is primed for a once in a lifetime residential conversion down the road. The full-floor loft space measures over 85 feet long from front to back, is approximately 45 feet wide can easily be reimagined as a 5-bedroom, 4-bathroom plus home office. Private keyed elevator access leading directly into your loft provides both privacy and the wow factor with triple exposures and 18 windows facing east, north and west. Rounding out this one of kind loft space is exposed brick, original wooden support columns, steel cross beams and turn of the century gorgeous brick archways throughout. Beyond that, they have recently installed a new state of the art heating/ac system. Perfect for entertaining, live/work or a personal gallery, this open loft is a must-see for anyone looking to create a home to envy!
138 Mulberry is a live/work condominium located in the heart of Little Italy surrounded by the best downtown neighborhood shopping, restaurants, cafes, and transportation. Situated at the crossroads of SoHo, Nolita, and the Lower East Side, you're at the nexus of downtown Manhattan.
Listing Agents
![Eric Marrus]()
eric.marrus@compass.comP: 516.606.0481
![Phyllis Goldberg]()
phyllis.goldberg@compass.comP: 917.224.3100
Amenities
- Exposed Brick
- Private Entrance
- Hardwood Floors
- High Ceilings
- Elevator
- Private Elevator
- Central AC
- Open Kitchen
Location
Property Details for 138 Mulberry Street
| Status | Temporarily Off Market |
|---|---|
| Days on Market | 126 |
| Taxes | $3,727 / month |
| Common Charges | $1,300 / month |
| Min. Down Pymt | 20% |
| Total Rooms | 8.0 |
| Compass Type | Condo |
| MLS Type | - |
| Year Built | 1915 |
| County | New York County |
Building
138 Mulberry St
Location
Building Information for 138 Mulberry Street
Payment Calculator
$28,221 per month
30 year fixed, 7.25% Interest
$23,194
$3,727
$1,300
Property History for 138 Mulberry Street
| Date | Event & Source | Price | Appreciation |
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| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 138 Mulberry Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 6 to 8 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
P.S. 130 Hernando De Soto PublicPK to 5 | ||
Lower Manhattan Community Middle School Public6 to 8 | ||
Nyc Lab Ms For Collaborative Studies Public6 to 8 | ||
Ms 131 Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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