35 Spring St, New York, NY 10012

<div><h4><span>Exquisite Turn-Key Mixed-Use Townhouse in the Heart of NoLita</span></h4><p><span>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.</span></p><p><span>Property Features:</span></p><ul><li><p><span>Dimensions & Space:</span></p><ul><li><span>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.</span></li></ul></li><li><p><span>Residential Details:</span></p><ul><li><span>The residence features 3 full bedrooms, 3 full bathrooms, 3 half bathrooms, and a versatile home office.</span></li><li><span>Enjoy four unique outdoor spaces perfect for relaxation and entertaining.</span></li><li><span>Designed with alternating living and entertaining floors to provide an ultimate balance of fun and quiet.</span></li><li><span>A flexible bonus space can transform into an additional living room, lounge, or media room.</span></li><li><span>The rooftop oasis offers breathtaking views of SoHo, NoLita, and the LES, complete with a half bath and doorbell buzzer for effortless hosting.</span></li></ul></li><li><p><span>Design & Amenities:</span></p><ul><li><span>Crafted by AW4B Architects, every detail has been considered.</span> </li><li><span>Experience pin-drop quiet interiors with superior mechanicals, including central heat and air.</span></li><li><span>Soaring ceilings and rich hardwood floors create a sense of grandeur throughout.</span></li><li><span>The chef's kitchen boasts an oversized skylight, flooding the space with natural light.</span></li><li><span>Ample storage options for bikes and personal items ensure a clutter-free living experience.</span></li></ul></li><li><p><span>Location & Accessibility:</span></p><ul><li><span>Enjoy the best of both worlds: central location with private and discreet living.</span></li><li><span>Just steps away from iconic spots like Supreme, Lombardi's, Aime Leon Dore, and Ruby's.</span></li></ul></li></ul><p><span>Investor Details:</span></p><ul><li><p><span>Residential Tenant: T</span><span>enant paying $29,950/month.</span></p></li><li><p><span>Commercial Tenant: </span><span>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.</span></p></li></ul><p><span>Financials:</span></p><ul><li><span>Annual Income:</span><span> $453,636</span> </li><li><span>Annual Expenses:</span><span> Approx $35,844 (taxes, water/sewer, gas)</span></li><li><span>CAP Rate:</span><span> 5%+</span> </li></ul><p><span>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.</span></p></div>