This property promises a steady income stream and represents a solid investment. The ground level is home to the prosperous "Gossip" restaurant, committed to a 5 + 10-year lease ending on 1/1/2036. The upper level features two modern apartments, refurbished in 2019: a two-bedroom unit and a one-bedroom unit. With tenants on adaptable month-to-month agreements, there's potential for rent recalibration to reflect market rates. This is an exceptional opportunity to secure a dependable and robust investment in a prime location. current estimated CAP rate is ~4.7%
Building Square feet 2,800
Building dimensions 20 ft x 70 ft
Buildings on lot 1
Stories 2
Roof height 26 ft
Year built 1938
Sold for $1,800,000
Price history
| Date | Event | Price |
|---|---|---|
| 12/8/2025 | Sold | $1,800,000-6.5%$643/sqft |
Source: Public Record Report a problem | ||
| 12/5/2023 | Listing removed | $1,925,000$688/sqft |
Source: StreetEasy #1424029670551483697 Report a problem | ||
| 10/17/2023 | Listed for sale | $1,925,000-3.7%$688/sqft |
Source: StreetEasy Report a problem | ||
| 10/1/2023 | Listing removed | $1,998,888$714/sqft |
Source:  BNYMLS #476270 Report a problem | ||
| 9/19/2023 | Price change | $1,998,888-4.7%$714/sqft |
Source: BNYMLS #476270 Report a problem | ||
| 8/17/2023 | Listed for sale | $2,098,000$749/sqft |
Source: BNYMLS #476270 Report a problem | ||
| 6/21/2023 | Listing removed | -- |
Source: StreetEasy Report a problem | ||
| 6/14/2023 | Price change | $2,098,000-4.1%$749/sqft |
Source: StreetEasy Report a problem | ||
| 3/7/2023 | Listed for sale | $2,188,000-0.5%$781/sqft |
Source: StreetEasy Report a problem | ||
| 10/31/2022 | Listing removed | -- |
Source: StreetEasy Report a problem | ||
| 10/11/2022 | Listed for sale | $2,200,000+23.9%$786/sqft |
Source: StreetEasy Report a problem | ||
| 10/14/2020 | Listing removed | $1,775,000$634/sqft |
Source: Compass Report a problem | ||
| 6/1/2020 | Price change | $1,775,000-1.4%$634/sqft |
Source: Compass Report a problem | ||
| 5/8/2020 | Listed for sale | $1,800,000$643/sqft |
Source: Compass Report a problem | ||
| 4/7/2020 | Listing removed | $1,800,000$643/sqft |
Source: Compass #H6031749 Report a problem | ||
| 4/5/2020 | Listed for sale | $1,800,000+105.7%$643/sqft |
Source: OneKey MLS #H6031749 Report a problem | ||
| 2/21/2008 | Sold | $875,000+6.7%$313/sqft |
Source: Public Record Report a problem | ||
| 2/21/2007 | Sold | $820,000+45.1%$293/sqft |
Source: Public Record Report a problem | ||
| 10/21/2004 | Sold | $565,000+73.8%$202/sqft |
Source: Public Record Report a problem | ||
| 10/21/1999 | Sold | $325,000+3150%$116/sqft |
Source: Public Record Report a problem | ||
| 9/29/1997 | Sold | $10,000$4/sqft |
Source: Public Record Report a problem | ||
