434 Greenwich St - Apartments CONDO FOR SALE


New York, NY 10013- Tribeca
$2,500,000 USD
718-663-2639
434 Greenwich St, New York, NY for Sale
$2,500,000 USD
Apartments CONDO - FOR SALE
1/18
null | 10.25% Cap Rate

NEW


434 Greenwich St
New York, NY 10013
Tribeca


HIGHLIGHTS

  • Currently ~73% vacant creating a value-add opportunity for an investor or user
  • Wrap around frontage along Greenwich Street and Vestry Street
  • There is 55.5 years remaining on the leasehold, allowing a new owner to capitalize on a long-term presence in Tribeca’s affluent “gold coast”
  • Situated on prime corner in one of the country’s most expensive zip codes & in proximity to many national & local retailers & notable art galleries

OVERVIEW

RIPCO REAL ESTATE has been exclusively retained to market the leasehold position in the ground floor commercial space within the co-op building located at 434 GREENWICH STREET — TriBeCa, NY 10022 for sale (The ’Property’). The Property is situated on the southwest corner of Greenwich Street and Vestry Street, at the base of a luxury residential co-op building. The Property is in the heart of the North Tribeca Historic District on a prime corner in one of the country’s most expensive zip codes, and offers approximately 4,500sf of above grade space as well as 1,000sf of below grade space across two subdivided commercial spaces.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$455 USD /SF

CAP RATE

10.25%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

31,527 SF

STORIES

7

BUILDING CLASS

C

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,951 SF

ZONING

M1-5

APN/PARCEL ID

0218-0008

ASK ABOUT THIS PROPERTY

Stephen PreussRipco Real EstateMore Info
718-663-2639

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Stephen PreussRipco Real EstateMore Info
718-663-2639

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