85-87 Pitt Street

This 50-foot-wide, six-story mixed-use building features 21 residential units and two ground-floor retail spaces. Each floor contains four apartments, offering a mix of one- and two-bedroom layouts. Every unit is individually metered, with tenants responsible for their own electricity and gas used for cooking. Recent upgrades include a new laundry room, intercom system, gas boiler, renovated courtyard, and improved common areas. The property is located within an Opportunity Zone, providing significant capital gains tax advantages.

As all apartments are free-market units, the building presents strong investment potential with room for rental growth. Its renovated condition minimizes the need for capital expenditures, making it a cost-efficient acquisition. Ideally situated near Delancey Street, the property benefits from proximity to premier retail shops and neighborhood amenities, further enhancing its long-term value.