85 Pitt Street
$10,900,000
85 Pitt Street, New York, NY 10002
For Sale
Mixed Use
Residential/Retail
Active
Last Updated: 07/27/2026
5.9
Cap Rate
651,706.84
NOI
Details:
Cap Rate: 5.9%
NOI: $651,706.84
Building Size: 12,000 sqft
Lot Area: 3,000 sqft
Occupancy: 100%
Class: A
Units: 21
Price Per Sqft: $908
Price Per Unit: $519,047
Zoning: R7A (4.0)
Floors: 6
Seller Financing: No
Opportunity Zone: Yes
Year Last Renovated: 2016
Description:
A 50’ wide 21 unit six (6) story renovated mixed- use building. The building has two stores on the ground floor and twenty-one apartments above. Each floor has four apartments they are a mixture of one and two bedroom units. Each unit is individually metered, the tenants pay their own electric and gas for cooking. New Laundry room, intercom system, new gas boiler, new courtyard and common areas. The property is also in a opportunity zone which has big capital gains benefits.
Documents:
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Setup_For_85-87_Pitt_Street._2024.docx
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Location
Gallery
