345 Greenwich St - Storefront Retail/Residential CONDO FOR SALE


New York, NY 10013- Tribeca
$5,400,000 USD
212-468-5948
345 Greenwich St, New York, NY for Sale
$5,400,000 USD
Storefront Retail/Residential CONDO - FOR SALE
1/9
null | 6.05% Cap Rate

345 Greenwich St
New York, NY 10013
Tribeca


HIGHLIGHTS

  • Meridian Investment Sales is pleased to exclusively present the sale of 345 Greenwich Street, a pair of 100% leased retail condominiums.
  • The retail condominiums are secured by long-term leases with strong tenants, ensuring stable and robust cash flow for years to come.
  • Tribeca has emerged as one of the most popular and heavily trafficked areas given its proximity to major employers and new construction projects.

OVERVIEW

Meridian Investment Sales is retained exclusively on the sale of 345 Greenwich Street Unit 1A, a vacant retail condo featuring 15’ of frontage and located between Jay and Harrison Streets. The ground floor and lower level are roughly 1,936 SF and 899 SF, respectively. The space features 13.77’ ceiling heights, a bathroom, and an open-space skylight room towards the back. Prior to becoming vacant, the space was used as a spa and features several makeshift rooms walled off using wood. The property is walking distance from the Canal Street, Chambers Street and Franklin Street stations with access to the 1,2,3,A,C,E lines. CONDOMINIUM COMMERCIAL RESTAURANT/SPACE: An approximate 2100 loft space ground level on one of the busiest foot traffic streets in Tribeca. 345 Greenwich 1B has been a Vietnamese Restaurant for many years with a full bar and kitchen and 850 sq. ft. of space with is a prep kitchen and refrigeration in the lower grade/basement. 1B can be sold with 1A the retail space next to it and which is currently connected by a large metal door at the rear of both spaces. The retail space is approximately 2,000 sq. ft making a total of 4,100 sq. ft of commercial. The retail space also has 450 sq. ft of storage below grade. KEY WORD SEARCHES : skylight, natural light, high exposed ceilings, exposed brick, polished concrete floors, storage area, tenant controlled central AC, HVAC after hours, meatpacking, creative, restaurant, cafe, venting, photography, architect, design, fashion, showroom, tech, technology, media, finance, financial, venture capital, private equity, trophy, high end, beautiful, amazing, spectacular, Alibaba, Apple, Audemars Piguet, Asics, Bally, Belstaff, Brunelli Cucinelli, Catch, Chelsea Market, Diane von Furstenberg, Fjallraven, Frame, Gansevoort Hotel, Giorgio Armani, Google, Gucci, High LIne, Hermes, Intermix, Kiehl's, Palantir, The Kooples, Live Nation, Loro Piana, lululemon Athletica, Marni, Patagonia, Rag & Bone, Restoration Hardware, Rolex, Samsung, Soho House, Standard Hotel, Starbucks Reserve, Tesla, Theory, Vans, Vince, Whitney Museum of American Art

FOR SALE DETAILS

PRICE

$5,400,000 USD

PRICE/SF

$925 USD /SF

CAP RATE

6.05%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Restaurant, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

29,031 SF

STORIES

6

BUILDING CLASS

C

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

M1-5

APN/PARCEL ID

0180-1320

ASK ABOUT THIS PROPERTY

Brian GladstoneMeridian Capital Group, LLCMore Info
212-468-5948

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Brian GladstoneMeridian Capital Group, LLCMore Info
212-468-5948

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