Portfolio

Mulberry Grand Portfolio

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key facts

Building Area Gross
Land Area Gross ()

Portfolio description

JLL has been retained on an exclusive basis to arrange for the sale of the “Mulberry-Grand Portfolio” (130 Mulberry Street, 149 Mulberry Street, 181- 183 Grand Street, and 191 Grand Street), a collection of 5 walk-up mixed-use properties in the Little Italy neighborhood of Manhattan.

Investment highlights

Across all five properties there is a total of 54 residential units, of which 25 are Free Market (46%) and 29 units are Rent Stabilized (54%). In addition to the residential portion, there are 7 commercial units across the portfolio. The commercial tenants within the portfolio feature neighborhood institutions such as Café Napoli and Caffe Palermo. The Mulberry-Grand Portfolio offers an excellent opportunity to acquire a collection of stabilized buildings in a strong rental market with significant in-place cash flow as well as tremendous upside through the continued renovation of the existing free market units.

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Mulberry Grand Portfolio (5 Properties)
130 Mulberry Street
New York, United States
149 Mulberry Street
New York, United States
181 Grand Street
New York, United States
183 Grand Street
New York, United States
191 Grand Street
New York, United States
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Last Updated Date: 16 Nov 2021

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