$9,950,000
Updated 10 months ago
Off Market

66 Mulberry Street

Chinatown, Manhattan | Bayard Street & Mosco Street

22,000 Square FeetIncome Property

$9,950,000
floors / apts5 / 31
Lot Size50'6"x100'
ZoneC6-1
Building TypeLow-Rise
RE Taxes$236,196
Price Per SF
$452

Outdoor space and views

  • Williamsburg Bridge

Building Amenities

  • Voice Intercom

Property Description for 66 Mulberry Street

The Forray Team at The Corcoran Group is pleased to present 66 Mulberry St/85-91 Bayard St. A remarkable well-maintained prewar corner mixed-use building in heart of vibrant Chinatown, Lower/Downtown Manhattan. The property features six (6) diverse commercial retail tenants with uses ranging from restaurant, bakery, ice cream, tea, and more along with thirty-one (31) rent-stabilized residential units above. Offering strong rental income and phenomenal location rich in history/tradition & culture, its perfect for new ownership/investor looking for an exceptional investment and significant value to their existing portfolio with its projected cap rate close of 7%.

This exclusive opportunity presents a rare chance for the ownership of an existing corner mixed-use brick/masonry property (C7 Building Class) built on a colossal 50.58 X 100 Lot providing incredible frontage on both streets. The existing five (5) story building boast approx. 22,000SF of commercial and residential space. Within C6-1 zoning, an additional +/-7,601SF can be expanded upon the property, offering a maximum usable FAR of 29,616! Does not reflect any upcoming zoning changes due to House of Yes Approval

In the bustling core of Chinatown, 66 Mulberry St/85-91 Bayard St offers easy access to vibrant landmarks, parks, food markets, museums, art galleries, bars/restaurants, nightlife, and hotspots. Proximity to Tribeca, Soho, Little Italy, and Lower East Side makes it easy to experience all of Downtown. Commuters will appreciate proximity to the Manhattan/Brooklyn/Williamsburg Bridges, FDR Drive, and BQE, along with nearby J/N/Q/R/W/Z/6 (Canal/Chambers/City Hall/Bowery) and B/D (Grand St) subway lines, making it ideal for accessibility.

Popular nearby establishments include Nom Wah Tea Parlor, Wo Hop, Golden Unicorn, Uncle Lou, Joe's Shanghai, Mei Lai Wah, and Great NY Noodletown, to name just a few.Please reach out to exclusive listing brokers to request a sales memorandum and with any questions.

(All material herein is intended for information purposes only and has been compiled from sources deemed reliable. Though information is believed to be correct, it is presented subject to errors, omissions, changes, or withdrawal without notice. Buyers are advised to verify all information.)

Listing History for 66 Mulberry Street

Now
10/27/2025
POM by Donald Lai
Corcoran
03/17/2025
$9,950,000 [-$1,050,000] [9.5%]
Price Drop by Donald Lai
Corcoran

Building Details for 66 Mulberry Street

OwnershipIncome Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1909
Floors/Apts5/31
Learn More About the Building

Contact Agents

Contact Agents

Donald Lai
Corcoran
Marvin Chu
Corcoran

Chinatown | Manhattan

Quick Profile

The roots of Chinatown are said to go back as far as 1858, with the arrival of Cantonese businessman, Ah Ken. Ah Ken made his fortune selling cigars and is thought to have set up the first boarding houses for Chinese immigrants.

Vibrant and bustling, in New York City’s Chinatown, you’ll find the biggest population of Chinese people in the Western Hemisphere. Although Chinatown was established mostly by Cantonese speakers, due to an influx of Fuzhounese speaking Chinese immigrants and Mandarin being the official language of China and Taiwan, Mandarin has become vital to the dynamic tableau that is Chinatown.

Centered around Chatham Square and Columbia Park, Chinatown is transportive yet quintessential New York. Traveling the cozy corridors of Chinatown, bask in the varied languages and cultural diaspora, uniquely American and yet universal. Witness the roots of a place where a community was allowed to grow within a community, a world within a world. See it in the statues, architecture, and signage throughout Chinatown. Smell it seeping out from the multitude of dim sum restaurants, noodle houses, and speakeasies that reside here. Pick up a bao and wander the markets for deals and explore the sometimes brutal historic sites. 

Chinatown is developing. Much of the lower-income housing once available in the area are being refurbished and sold. As a result, the community and its demographic makeup are diversifying. 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 98684TH