Rare investment opportunity for this 22 units mixed use building in Lower East Side with 6% cap rate. Total of 18 two-bedrooms residential units and 4 store units total of 22 units (C4-4A Zoning). All 4 stores are vacant and 1 two-bedrooms unit will be delivered, remaining 17 two-bedrooms units with leases. New flat roof and exterior wall refreshed within 2 years. Hot water heater was replaced within 2 years. High annual rental income of $340,000 and consistently generated substantial profits. Price aggressively for today''s market.
Property Details
Price:
$2,999,000
MLS #:
490575
Status:
Active
Baths:
0
Type:
Single Family
Subtype:
Mixed Use
Borough:
Manhattan
Neighborhood:
lowereastside
Listed Date:
Jul 30, 2025
Finished Sq Ft:
9,618
Year Built:
1900
See this Listing
Schools
Interior
Exterior
Financial
Map
Community
- Address120 Forsyth Street Manhattan NY
- NeighborhoodLower East Side
- CityManhattan
- CountyNew York (Manhattan)
- Zip Code10002
Market Summary
Current real estate data for Single Family in Manhattan as of Mar 06, 2026
1
Single Family Listed
218
Avg DOM
312
Avg $ / SqFt
$2,999,000
Avg List Price
Property Summary
- 120 Forsyth Street Manhattan NY is a Single Family for sale in Manhattan, NY, 10002. It is listed for $2,999,000 and features 0 beds, 0 baths, and has approximately 9,618 square feet of living space, and was originally constructed in 1900. The current price per square foot is $312. The average price per square foot for Single Family listings in Manhattan is $312. The average listing price for Single Family in Manhattan is $2,999,000.
Similar Listings Nearby
120 Forsyth Street
Manhattan, NY