199-203 Lafayette Street, Unit 5C

$3,999,999
Price
1
Beds
2
1/2 Baths
2,692 Sq. Ft.
$1,486 / Sq. Ft.
2,692
Sq. Ft.
$1,486
per Sq. Ft.

Description

CALLING ALL INVESTORS AND COLLECTORS: 4.5% CAP RATE
Buy and hold this cash producing asset for the next five years before turning it residential. The 5th floor is approximately 2,700 gross SqFt and is currently fully leased to an office tenant paying market rent with options to renew. Sun-soaked from three exposures facing North, East, and West, the walls are peppered with 15 large windows offering unobstructed views of SoHo. The elevator was recently modernized and the lobby has been renovated. Space
...CALLING ALL INVESTORS AND COLLECTORS: 4.5% CAP RATE

Buy and hold this cash producing asset for the next five years before turning it residential. The 5th floor is approximately 2,700 gross SqFt and is currently fully leased to an office tenant paying market rent with options to renew. Sun-soaked from three exposures facing North, East, and West, the walls are peppered with 15 large windows offering unobstructed views of SoHo. The elevator was recently modernized and the lobby has been renovated. Space can be used for either commercial or residential. 203 Lafayette Condominium is perfectly located on the corner of Lafayette and Kenmare Streets where SoHo meets Nolita. Please inquire for further details. Showings by appointment only.

Listing Agents

  1. Clayton Orrigo

    Clayton Orrigo

    Listing Agent

    Compass

    clayton@compass.com

    P: 212.960.3306

  2. Stephen Ferrara

    Stephen Ferrara

    Listing Agent

    Compass

    stephen@compass.com

    P: 646.761.7038

Amenities

  • City Views
  • Hardwood Floors
  • Air Conditioning
  • Dishwasher
  • Midrise

Location

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LISTING UPDATED: 07/17/2020 09:00 AM

Property Details for 199-203 Lafayette Street, Unit 5C

StatusPermanently Off Market
Days on Market58
Taxes$1,841 / month
Common Charges$1,000 / month
Min. Down Pymt20%
Total Rooms1.0
Compass TypeCondo
MLS TypeCondominium
Year Built-
CountyNew York County

Location

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Building Information for 199-203 Lafayette Street, Unit 5C

Building/Complex199-203 Lafayette StFloor5Stories-Residences-Pet Policy-Year Built-Building Age-Building Type-

Payment Calculator

$24,671 per month

30 year fixed, 7.25% Interest

Principal and Interest

$21,830

Property Taxes

$1,841

Maintenance/Common Charges

$1,000

The Payment Calculator is for illustrative purposes only.

Property History for 199-203 Lafayette Street, Unit 5C

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 199-203 Lafayette Street, Unit 5C

Taxable ValueLand-Additions-Total-
Home Facts
APN1004821018

Schools near 199-203 Lafayette Street, Unit 5C

This home is within New York City Geographic District # 2.
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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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. 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 Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.