img

140 Mulberry St, New York, NY

Property Information

Property Type

Mixed-use

Square Footage

9,900

Units

10

Acquisition Date

04/02/2021

Acquisition Price

$5,500,000

Construction Costs

$2,184,000

Other Costs

$1,099,000

Project Duration

5 Years

Stabilized Appraised Value (month 24)

$16,430,000

Expected Sale Value (Month 60)

$17,500,000

IRR

34.50%

Earnings Multiple

4.40x