238 Mulberry Street, New York (Little Italy), NY, 10012 | $10,995,000

238 Mulberry is located on the best block in Nolita, between Prince & Spring. Configured as a 5 story, 4 unit, mixed-use building with ground floor retail, 2 full-floor apartments & 1 PH duplex. You can create a multi-floor or a single family residence upstairs. A curb cut will allow you to potentially create a single family with a private garage one day in the future. All apartments are in mint condition with high ceilings, private outdoor space, separately metered electric / gas, oversized windows, washers/dryers, central AC and storage. This stretch of Mulberry is the hottest block in NOLITA with Rubirosa, 240 Mulberry Bar, Ruby's cafe, Reginas, Parm & The Grey Dog Cafe among others. NOI-$496, 761 5% Co-Broke Proof of funds 100% required for showings-No exceptions

Features

  • Town: New York
  • Garage: Yes
  • Levels: 5
  • Cooling: Central
  • Amenities: Garage; Roof Deck;
  • Zoning: C6-2
  • Laundry: CommonArea
  • Year Built: 1900
  • Building Access : Walk-up
  • Service Level: Voice Intercom
  • Built Size: 25'x96'
  • OLR#: COMP1521220848609009
  • Days on Market: 104 days
  • Website: https://www.raveis.com
    /prop/COMP1521220848609009/238mulberrystreet_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Nina SableSales Associate

508.733.8935

Nina.Sable@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Bob FlynnVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 6314

508.944.8218

Bob.Flynn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance

978-337-3053

Paul.Berrios@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

238 Mulberry Street, New York (Little Italy), NY, 10012

$10,995,000

Nina Sable

Sales Associate

William Raveis Real Estate

Phone: 508.733.8935

Nina.Sable@raveis.com

Bob Flynn

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 508.944.8218

Bob.Flynn@raveis.com

NMLS Mortgage Loan Originator ID 6314

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $8,796,000 $8,796,000 $8,796,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.375% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.229% 6.486% 6.307%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $50,635 $54,876 $74,821
Total Monthly Payment $50,760 $55,001 $74,946

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.