SOLD FOR $7,200,000
· Closed February 20, 2025
35 Spring Street
MLS® #RLS11010049
Listing by Compass
3
Bedrooms
3.5
Baths
5,200
Sq. Ft.
1901
Year Built
Quick Summary
Property Highlights
- Character: Pre-war building (1901)
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Sep 18, 2024 | $7,495,000 | - |
| Currently | Apr 30, 2026 | $7,200,000 | -3.9% |
Description
Exquisite Turn-Key Mixed-Use Townhouse in the Heart of NoLita Attention all investors, 1031 Exchange seekers, and end users! Here’s your chance to own a spectacular income-producing property at 35 Spring Street, nestled between Mott and Mulberry Streets. This meticulously renovated townhouse seamlessly blends luxury living with prime commercial opportunities in the vibrant NoLita neighborhood. Property Features: Dimensions & Space: Spanning 19 feet wide, this property offers over 5,200 sq ft of exquisitely designed space with an additional 2,000 sq ft of buildable potential. Residential Details: The residence features 3 full bedrooms, 3 full bathrooms, 3 half bathrooms, and a versatile home office. Enjoy four unique outdoor spaces perfect for relaxation and entertaining. Designed with alternating living and entertaining floors to provide an ultimate balance of fun and quiet. A flexible bonus space can transform into an additional living room, lounge, or media room. The rooftop oasis offers breathtaking views of SoHo, NoLita, and the LES, complete with a half bath and doorbell buzzer for effortless hosting. Design & Amenities: Crafted by AW4B Architects, every detail has been considered. Experience pin-drop quiet interiors with superior mechanicals, including central heat and air. Soaring ceilings and rich hardwood floors create a sense of grandeur throughout. The chef’s kitchen boasts an oversized skylight, flooding the space with natural light. Ample storage options for bikes and personal items ensure a clutter-free living experience. Location & Accessibility: Enjoy the best of both worlds: central location with private and discreet living. Just steps away from iconic spots like Supreme, Lombardi’s, Aime Leon Dore, and Ruby’s. Investor Details: Residential Tenant: Tenant paying $29,950/month. Commercial Tenant: BOBA GUYS contributes $7,853/month with 3.5% annual increases, currently in year 3 of a 10-year lease, along with proportional building expenses. Financials: Annual Income: $453,636 Annual Expenses: Approx $35,844 (taxes, water/sewer, gas) CAP Rate: 5%+ This stunning townhouse presents an exceptional combination of luxurious living and lucrative investment potential. Don’t miss your opportunity to own a prime piece of downtown real estate that truly has it all.
Features & Amenities
Interior Features
Building Information
Financial Details
About NoLita
View All NoLita ListingsNolita (North of Little Italy) is a stylish and intimate neighborhood known for its narrow streets, boutique shopping, and cozy cafes. It offers a village-like atmosphere that feels worlds away from the surrounding bustle. The real estate market is characterized by historic low-rise walk-up buildings and a select few modern boutique condominiums that offer a high level of design and luxury in one of Manhattan's most fashionable and walkable districts.
NoLita Live Market Data
View NeighborhoodActive Listings
15
Median Asking Price
$3.50M
Median $/Sqft
$2,554
Avg Days on Market
N/A
New This Week
1
Price Reduced
33%
Sold (30 Days)
0
Median Sale Price
$2.60M
Live data from RLS at REBNY • Updated 4/30/26, 10:25 AM EST
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Location
35 Spring Street, NoLita, New York County
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
Want help estimating ownership costs or understanding building compliance? Let's discuss
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $0 per month. Confirm the exact amount with the listing broker before making an offer.
The current listed annual property tax is $27,120, or roughly $2,260 per month. Verify the current assessment with your attorney before closing.
This property has 3 bedrooms and 3 full bathrooms and 2 half bathrooms.
The listed interior living area is 5,200 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1901, making it approximately 125 years old.
This listing is None
Pet policy requires confirmation with the listing broker.
At the current list price of $7,200,000 for 5,200 sq ft, the asking price per square foot is approximately $1,385. This figure is for reference only and may differ from appraised or assessed values.
To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.
Have a question not answered here?
(917) 416-7433Listing Courtesy of Compass - Jared Schwadron
Listing Contact: (917) 355-9676
Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.
Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.
RLS Data display by Keller Williams NYC. Data last updated on 4/30/2026 at 2:25 PM UTC