262 Mott Street - Storage
New York, New York
Building
Stats
- Property Type Special Purpose - Other
- Building size (SF) 14,061
- Price $12,950,000
Overview
Avison Young, as exclusive agent is pleased to offer for sale the Class A self-storage facility at 262 Mott Street (the “Property”) in the heart of Manhattan’s ultra-desirable Nolita neighborhood. Situated at the base of a boutique five-story condominium building, the storage facility consist of 344 units with 1,140 square feet on the ground floor and 12,921 -square-feet across 3 cellar floors for a total of 14,061 net rentable square feet.
Highlights
Managed by Public Storage
344 storage units
14,061± net rentable SF across four levels
All units are climate controlled
24-hour video surveillance and keypad entry
Rents 47% below market
New construction
Located in Nolita, one of Manhattan's most popular submarkets
Grandfathered for self storage use
Little to no new storage development opportunities available in Lower Manhattan
Seller will provide income support for two years during the initial lease-up to stabilize the NOI
Team
Brent Glodowski
Mitchell Levine
James Nelson
Principal, Head of Tri-State Investment Sales
Avison Young - US - NY - New York
917 362 1485
Downloads
Final_CO_Document__121188017_262_Mott_Street.pdf
NY__New_York_-_Mott_St_-_RMASA_-_2019.03.06_-_Executed.pdf
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262_Mott_Street_Storage_Condo_OM_10.13.21.pdf
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77540_Mott_-_Management_Summary_Report_2021.2.28.pdf
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77540_Mott_-_Management_Summary_Report_2021.1.31.pdf
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77540_Mott_-_Management_Summary_Report_2020.9.30.pdf
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77540_Mott_-_Management_Summary_Report_2020.6.30.pdf
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77540_Mott_-_Management_Summary_Report_2020.5.31.pdf
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77540_Mott_-_Management_Summary_Report_2020.3.31.pdf
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77540_Mott_-_Management_Summary_Report_2020.12.31.pdf
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77540_Mott_-_Management_Summary_Report_2020.11.30.pdf
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77540_Mott_-_Management_Summary_Report_2020.10.31.pdf
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77540_Mott_-_Management_Summary_Report_2020.1.31.pdf
77540_Mott_-_Management_Summary_Report_2019.9.30.pdf
77540_Mott_-_Management_Summary_Report_2019.8.31.pdf
77540_Mott_-_Management_Summary_Report_2019.7.31.pdf
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77540_Mott_-_Management_Summary_Report_2019.5.31.pdf
77540_Mott_-_Management_Summary_Report_2019.12.31.pdf
77540_Mott_-_Management_Summary_Report_2019.11.30.pdf
77540_Mott_-_Management_Summary_Report_2019.10.31.pdf
77540_Mott_-_Rental_Activity_Report_2021.2.28.pdf
77540_Mott_-_Rental_Activity_Report_2021.1.31.21.pdf
77540_Mott_-_Rental_Activity_Report_2020.9.30.pdf
77540_Mott_-_Rental_Activity_Report_2020.8.31.pdf
77540_Mott_-_Rental_Activity_Report_2020.7.31.pdf
77540_Mott_-_Rental_Activity_Report_2020.6.30.pdf
77540_Mott_-_Rental_Activity_Report_2020.5.31.pdf
77540_Mott_-_Rental_Activity_Report_2020.4.30.pdf
77540_Mott_-_Rental_Activity_Report_2020.3.31.pdf
77540_Mott_-_Rental_Activity_Report_2020.2.28.pdf
77540_Mott_-_Rental_Activity_Report_2020.12.31.pdf
77540_Mott_-_Rental_Activity_Report_2020.11.30.pdf
77540_Mott_-_Rental_Activity_Report_2020.10.31.pdf
77540_Mott_-_Rental_Activity_Report_2020.1.31.pdf
77540_Mott_-_Rental_Activity_Report_2019.9.30.pdf
77540_Mott_-_Rental_Activity_Report_2019.8.31.pdf
77540_Mott_-_Rental_Activity_Report_2019.7.31.pdf
77540_Mott_-_Rental_Activity_Report_2019.6.30.pdf
77540_Mott_-_Rental_Activity_Report_2019.5.31.pdf
77540_Mott_-_Rental_Activity_Report_2019.12.31.pdf
77540_Mott_-_Rental_Activity_Report_2019.11.30pdf.pdf
77540_Mott_-_Rental_Activity_Report_2019.10.31.pdf
77540_Mott_-_Management_Summary_Report_12-31-20.pdf
77540_Mott_-_Management_Summary_Report_1-24-21.pdf
77540_Mott_-_Rental_Activity_12-31-20.xlsx
77540_Mott_-_Rental_Activity_12-31-20.pdf
77540_Mott_-_TTM_P_L.pdf
262_Mott_Street_Flyer_10.13.21___Principal_-_Broker_CA.pdf
262_Mott_Street_Flyer_10.13.21___Principal_CA.pdf
NY__New_York_-_Mott_St_-_PMA_-_Amendment_1_-_2019.04.18.pdf
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