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120 Lafayette St, HOUSE
New York, NY 10013
Soho

Off Market

Property Type
House
Estimated Size
N/A
Price per ft²
N/A
Bedrooms
0 Bedrooms
Bathrooms
0 Bathrooms
Home Style
TH Commercial
Common Charges
N/A
Taxes
N/A
Tax Deduction
N/A
Financing Allowed
N/A
New Development
N/A
Building
120 Lafayette St
Building Year
N/A
Building Floors
5 floors
Building Units
N/A
Elementary School
PS 130
Middle School
131
Days on RealDirect
N/A

> Description: Castle Avenue Partners @ Rutenberg Realty has been retained as exclusive broker to market 120 Lafayette St, New York, NY 10013, a prime retail plus 28-room limited service hotel building. > The recently renovated property is 11,047 sqft, 5 storeys, of which 1,460 sqft is retail space. > Investment Drivers: Booming retail rents for prime locations, strong RevPAR growth for hotel, high occupancy rate, limited supply.> Location: Intersection of Lafayette and Canal Streets in thriving Chinatown / Soho area. Canal Street subway station is located in front of the property. > Financials: Revenue: $3,324,270; Expenses: $1,267,075; NOI: $2,057,195; Asking Price: $19,800,000; Cap rate: 10.4%

Features

  • Renovated
  • Investor

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Mortgage Calculator

Mortgage Amount

$550,000

This property allows up to 0% financing. You may need to increase your down payment.

Mortgage Payment

$2,200

Total Monthly Payment

$2,900

Listing History

April 12, 2015 Delisted $21,000,000
April 28, 2012 Delisted $21,000,000
March 2, 2012 Available $21,000,000

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