212-729-1851
317 Broadway, New York, NY for Sale
Fast Food - FOR SALE
1/4
null | Request Cap Rate

317 Broadway
New York, NY 10007
Tribeca


HIGHLIGHTS

  • Existing Structure: Vacant two-story former McDonald’s building
  • Opportunity for Additional Air Rights + Cantilever over 315 Broadway
  • Corner site offering exceptional visibility and light
  • Prime Tribeca Market

OVERVIEW

Avison Young, as exclusive agent, is pleased to offer for sale 2 Thomas Street / 317 Broadway (the “Site”), a prime development opportunity located at the corner of Thomas Street and Broadway in Tribeca—one of Manhattan’s most coveted neighborhoods. The Site measures approximately 2,639 SF with 25 feet of frontage on Broadway and 105.25 feet on Thomas Street. It is currently improved by a vacant, two-story former McDonald’s building. The property is located within the C6-4A / R10A zoning district, allowing for a 10.0 FAR residential, 12.0 FAR with Universal Affordability Preference, and 10.0 FAR commercial, presenting significant development potential in a high-demand luxury market. Ownership intends to execute a transaction based on as-of-right zoning and massing. As an additional value-add, ownership is prepared to allow a cantilever over 315 Broadway to enable further expansion potential; however, no transaction can be contingent upon obtaining cantilever approval.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,639 SF

ZONING

C6-4A/R10A

APN/PARCEL ID

0151-0028

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Charles KingsleyAvison YoungMore Info
212-729-1851

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Charles KingsleyAvison YoungMore Info
212-729-1851

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.