Description
4000 SQUARE FEET OF LIVE/WORK CONDO PERFECTION IN THE HEART OF LITTLE ITALYThis 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.
