35 Spring Street
35 Spring Street
35 Spring Street
35 Spring Street
35 Spring Street
35 Spring Street
35 Spring Street
35 Spring Street
35 Spring Street
35 Spring Street
35 Spring Street
35 Spring Street
35 Spring Street
SEE ALL PHOTOS
35 Spring Street
35 Spring Street
35 Spring Street
35 Spring Street
35 Spring Street
35 Spring Street
35 Spring Street
35 Spring Street
35 Spring Street
35 Spring Street
35 Spring Street
35 Spring Street
35 Spring Street
For Sale

35 Spring Street

35 Spring Street, New York City, NY 10012

$7,495,000

Exquisite Turn-Key Mixed-Use Townhouse in the Heart of NoLita

Attention all investors, 1031 Exchange seekers, and end users! Here's your chance to own a spectacular income-producing property at 35 Spring Street, nestled between Mott and Mulberry Streets. This meticulously renovated townhouse seamlessly blends luxury living with prime commercial opportunities in the vibrant NoLita neighborhood.

Property Features:

  • Dimensions & Space:

    • Spanning 19 feet wide, this property offers over 5,200 sq ft of exquisitely designed space with an additional 2,000 sq ft of buildable potential.
  • Residential Details:

    • The residence features 3 full bedrooms, 3 full bathrooms, 3 half bathrooms, and a versatile home office.
    • Enjoy four unique outdoor spaces perfect for relaxation and entertaining.
    • Designed with alternating living and entertaining floors to provide an ultimate balance of fun and quiet.
    • A flexible bonus space can transform into an additional living room, lounge, or media room.
    • The rooftop oasis offers breathtaking views of SoHo, NoLita, and the LES, complete with a half bath and doorbell buzzer for effortless hosting.
  • Design & Amenities:

    • Crafted by AW4B Architects, every detail has been considered.
    • Experience pin-drop quiet interiors with superior mechanicals, including central heat and air.
    • Soaring ceilings and rich hardwood floors create a sense of grandeur throughout.
    • The chef's kitchen boasts an oversized skylight, flooding the space with natural light.
    • Ample storage options for bikes and personal items ensure a clutter-free living experience.
  • Location & Accessibility:

    • Enjoy the best of both worlds: central location with private and discreet living.
    • Just steps away from iconic spots like Supreme, Lombardi's, Aime Leon Dore, and Ruby's.

Investor Details:

  • Residential Tenant: Tenant paying $29,950/month.

  • Commercial Tenant: BOBA GUYS contributes $7,853/month with 3.5% annual increases, currently in year 3 of a 10-year lease, along with proportional building expenses.

Financials:

  • Annual Income: $453,636
  • Annual Expenses: Approx $35,844 (taxes, water/sewer, gas)
  • CAP Rate: 5%+

This stunning townhouse presents an exceptional combination of luxurious living and lucrative investment potential. Don't miss your opportunity to own a prime piece of downtown real estate that truly has it all.

3
beds

4
baths

5,200 Sq.Ft. LIVING AREA

1,082.25 Sq.Ft. lot

Dana Power

Dana Power

Features & Amenities

Interior

  • total bedrooms3
  • Total bathrooms4
  • full bathrooms3
  • half bathroom1
  • Laundry room In Unit

Area & Lot

  • Status For Sale
  • Living Area5,200 Sq.Ft.
  • Lot Area1,082.25 Sq.Ft.
  • MLS® IDRPLU-33423024871
  • TypeOther
  • YEAR BUILT1901
  • View DescriptionOther

Exterior

  • STORIES4
  • AIR CONDITIONINGOther

Financial

  • Sales Price$7,495,000
  • Real Estate Tax $25,236/yr
image

Schedule a Showing

I would love to show you my beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

I would love to show you my beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 35 Spring Street, New York City, NY 10012. We are reviewing your request and will be in touch shortly!

Mortgage Calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

$0,000 Your Payment 20 15 65
$0,000 Your Payment

Work With Dana

Follow Us on Instagram