35 Spring St. #TWNH

35 Spring Street: Turn Key, Gut Renovated Mixed Use Townhouse in the Heart of NoLita in Downtown, NYC.

-Located on Spring Street between Mott and Mulberry Street
-19 feet wide
-5,200ft2 with ~2,000 square feet of buildable square footage
-Apartment includes 3 full bedrooms, 3 full bathrooms, 3 half bathrooms and bonus home office
-4 unique outdoor spaces
-Residential tenant in place paying $29,950/month entering 3rd year of lease (6/1) and can vacate with 60 days notice or stay on for an additional full year (ending 5/30/24)
-Commercial tenant BOBA GUYS pays ~$7,700/month with 3.5 annual increases (in year 2 of 10) and proportional building expenses
-5.6% CAP RATE
-Residence alternates between living and entertaining floors for privacy and quiet
-Bonus space for additional living room, half court basketball court or area for a swimming pool
-Rooftop overlooking SoHo, NoLita and LES includes a