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