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.
Property Details
Property Features
Property Information:
Year Built: 1901
Living Area: 5,200 SqFt
Listing Office:
Office Name: Compass
Office Phone: (212) 913-9058
Listing Agent: Jared Schwadron
Agent Phone: (917) 355-9676
Interior Features
Bedroom and Bathroom Information:
Partial Bathrooms: 2
Full Bathrooms: 3
Total Bedroom Count: 3
Exterior Features
Parking Information:
Attached Garage: No
Price Information
Listing Price Info
Price Summary:
List Price: $7,495,000
Price Per SqFt: $1,441/SqFt
HOA Fees:
Amount: $0
Frequency: Monthly
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Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe 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. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. Last updated on: 11/7/2024, 8:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
P.S. 130 Hernando De Soto School
143 Baxter St
Distance between this listing and this school0.36 miles
Public District Grades KG-5
4
/10
M.S. 297 New York
75 Morton St
Distance between this listing and this school0.63 miles
Public District Grades 6-6
7
/10
P.S. 3 Charrette School
490 Hudson St
Distance between this listing and this school0.67 miles
Public District Grades PK-5
Nearby Schools
7
/10
Great Oaks Charter School
38 Delancey St Fl ST-3rd
Distance between this listing and this school0.53 miles
Public Charter Grades 6-8
4
/10
M.S. 131 New York
100 Hester St
Distance between this listing and this school0.63 miles
Public District Grades 6-8
6
/10
School for Global Leaders
145 Stanton St
Distance between this listing and this school0.80 miles
Public District Grades 6-8
Nearby Schools
2
/10
Broome Street Academy Charter High School
121 Avenue of the Americas
Distance between this listing and this school0.24 miles
Public Charter Grades 9-12
7
/10
Nyc Ischool
131 Avenue of the Americas
Distance between this listing and this school0.25 miles
Public Magnet Grades 9-12
4
/10
Chelsea Career and Technical Education High School
131 Avenue of the Americas
Distance between this listing and this school0.25 miles
The neighbors living near this home have an average income of $146,412. Residents of New York, NY typically earn $200k+ each year. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 35 Spring St
What is the listing price of this property?
The listing price of 35 Spring St property is $7,495,000.
What type of property is this?
The property 35 Spring St is a townhouse located in New York City, New York, 10012.
Is this property for sale now?
Active Listing: 35 Spring St is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 35 Spring St has 3 bedrooms and 3 full and 2 half bathrooms.
What is the square footage of this property?
The property 35 Spring St is 5,200 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 35 Spring St is 1901.
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This home is located at 35 Spring St in New York City, NY and zip code 10012 in the SoHo neighborhood. This 5,200 square foot home was built in 1901. Features: 3 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $7,495,000.
In October 2024, from all listings sold in New York, NY there were more than 269 sold above asking price, over 833 sold below and more than 850 were sold right at the asked price. The inventory of homes for sale in New York, NY between September 2024 and October 2024 increased by 1.8%. In October 2024, listings were on the market for 84 days. During the same period, the median list price in this real estate market was $856,124.
From Rocket Homes Real Estate and based on county public records data.
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