138 Mulberry Street

138 Mulberry St Little Italy, Manhattan, NY 10013

$4,500,000
Price
5
Beds
3
Baths
4,000 Sq. Ft.
$1,125 / Sq. Ft.
4,000
Sq. Ft.
$1,125
per Sq. Ft.

Property Details for 138 Mulberry Street

StatusActive
Total Rooms8.0
Year Built1915
DOM50
Compass TypeCondo
MLS Type-
Taxes$3,727 / month
Common Charges$1,300 / month
Minimum Down Payment20%
CountyNew York County

Building

138 Mulberry St

11 Units6 StoriesBuilt in 1915

Listing Agent

Contact Agent(s)

Description

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.

Amenities

Exposed BrickPrivate EntranceHardwood FloorsHigh CeilingsElevatorPrivate ElevatorCentral ACOpen Kitchen

Location

Listing Agents

  1. Eric Marrus

    Listing Agent

    Compass

  2. Robert Levine

    Listing Agent

    Compass

Building Information for 138 Mulberry Street

Building/Complex138 Mulberry StFloor3Stories6Residences11Pet Policy-Year Built1915Building AgePre-warBuilding Type-

Payment Calculator

$21,213 per month

30 year fixed, 3.51% Interest

Principal and Interest

$16,186

Property Taxes

$3,727

HOA Dues

$1,300

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Property History for 138 Mulberry Street

DateEvent & SourcePriceAppreciationLink
Oct 21, 2019Listed (Active)

Manual #d4047037a1e58c7c031a9539af115eb741e3280b

$4,500,000
Sep 14, 2017Permanently Off Market

RLS #PRCH-116803

$3,750,000
Mar 2, 2015Permanently Off Market

RLS #RPLU-559911552185

DateEvent & SourcePrice
10/21/2019
Listed (Active)

Manual #d4047037a1e58c7c031a9539af115eb741e3280b

$4,500,000
09/14/2017
Permanently Off Market

RLS #PRCH-116803

$3,750,000
03/02/2015
Permanently Off Market

RLS #RPLU-559911552185

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 138 Mulberry Street

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Ps 130 Hernando De SotoPublicPK-50.1 mi
10
Ms 131Public6-80.2 mi
7
Pace High SchoolPublic9-120.2 mi
4
Emma Lazarus High SchoolPublic9-120.2 mi
4

Ps 130 Hernando De Soto

PK-5, 0.1 mi, Public

10

Ms 131

6-8, 0.2 mi, Public

7

Pace High School

9-12, 0.2 mi, Public

4

Emma Lazarus High School

9-12, 0.2 mi, Public

4

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.

Little Italy
Traditional roots in busy downtown Manhattan.

Neighborhood Map and Transit

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138 Mulberry Street is a condo for sale in Little Italy, Manhattan, NY 10013. This property was listed for sale on October 21, 2019 by Compass at $4,500,000. Nearby schools include Manhattan Bridges High School, New Design High School and Nyc Lab Ms For Collaborative Studies. 138 Mulberry Street is a 5-bed, 3-bath, 4,000 sqft condo built in 1915.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.
All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY