104 Bayard Street — Sale in New York, NY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: New York, NY 10013

Photos

104 Bayard Street — Sale in New York, NY, photo 1 of 2
104 Bayard Street — Sale in New York, NY, photo 2 of 2

Investment Figures

Cap rate
7.07%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is the exclusive sales broker for 104 Bayard Street (“Property”), a mixed-use offering comprising approximately 9,250 gross square feet across two walk-up buildings (front and rear) on a25-foot x 100-foot lot. The Property contains fourteen residential units and one ground-floor commercial unit with approximately 8,000 residential square feet and 1,250 commercial square feet. The buildings rise five stories with an estimated roof height of 49 feet and were constructed circa 1890. The Property presents an opportunity for continued income growth through active management and unit turnover. The Property is located in Chinatown on Bayard Street, one of the neighborhood’s primary retail corridors. The immediate area is characterized by dense residential population, strong retail tenancy, and consistent pedestrian traffic driven by both local residents and tourism. The Property benefits from proximity to a wide range of retail, dining, and neighborhood-serving amenities, supporting stable residential occupancy and active ground-floor commercial use. Public transportation access is excellent with nearby service via the B, D, N, Q, R, W, J, Z, and 6 subway lines at Canal Street, as well as the F train at East Broadway, providing connectivity throughout Manhattan and the outer boroughs. Investment Highlights: • Mixed-Use Property with Front & Rear Buildings • 14 Residential Units & 1 Commercial Space • New 10-Year Commercial Lease with Popular Downtown Bar/Restaurant • High Demand Rental and Retail Corridor • Excellent Access to Public Transportation

Market Context

This mixed use in New York, NY is listed for sale. It is offered at an approximate 7.1% capitalization rate, a key benchmark for income-producing mixed use assets. Compare it against other mixed use listings for sale in New York, NY — view the full market.

Contact

  • John Stewart
  • Dylan Torey

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