Cushman & Wakefield has been exclusively retained to arrange the sale of 74 Franklin Street, a mixed-use residential free market building located on the north side of Franklin Street between Broadway and Church Street in the TriBeCa neighborhood of Manhattan.
The property spans approximately 9,796 gross square feet above-grade and features 4 residential free-market units above retail. In addition, 74 Franklin has ±5,958 square feet of unused air rights, permitting the opportunity for future development or a possible expansion of the building. Currently, the property is 100% occupied with buyers having access to both immediate cash flow and long-term upside with the ability to potentially add more units and square footage.
Originally built in 1915, 74 Franklin Street reflects Tribeca’s iconic architectural character, featuring a cast-iron façade, exposed brick, and loft-style layouts containing 17-foot ceiling heights that define the neighborhood’s historic streetscape. Since then, the property has recently undergone significant renovations, which feature high-end residential finishes and luxury appliances, including chef-style kitchens, Wiele & Wolf appliances, central A/C, spa-style bathrooms, walk-in closets, oak flooring, and private roof decks.
The retail space has been meticulously white-boxed and is currently occupied by the renowned art gallery, Chart, which holds a lease in place through January 2029.
74 Franklin Street is strategically located in TriBeCa, one of New York City’s most coveted neighborhoods, celebrated for its cobblestone streets, historic architecture, and upscale lifestyle. The area offers premier dining, boutique shopping, art galleries, and access to Hudson River Park, all within walking distance. With top-rated schools, convenient access to the 1, A/C/E, N/Q/R/W, and 6 subway lines, and a vibrant yet residential atmosphere, TriBeCa remains a highly desirable destination for residents and investors alike.