917-359-6727
, New York, NY for Sale
Multi-Family - FOR SALE
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The Retail Condominiums at 93 Worth St.
New York, NY
Tribeca


HIGHLIGHTS

  • Prime Tribeca location with exceptional visibility at Broadway and Worth Street.
  • 100% leased to FedEx and a mix of strong lifestyle tenants ensuring income stability.
  • Individual tax lots offering ownership and financing flexibility.
  • Over 250 feet of continuous corner frontage with unified signage.
  • Excellent connectivity with multiple subway lines nearby, including 1, 2, 3, A, C, E, R, and W.
  • Well-positioned for pedestrian traffic in a vibrant neighborhood with affluent residential and professional demographics.

OVERVIEW

Positioned at the vibrant intersection of Tribeca and City Hall, 93 Worth Street offers a rare opportunity to acquire six retail condominium units within one of Manhattan’s most prestigious luxury developments. Originally constructed in 1924 and fully redeveloped in 2014, this property combines historic character with modern sophistication, creating an institutional-quality retail platform in a neighborhood defined by affluence and cultural cachet. The retail component spans approximately 11,756 square feet across the ground and cellar levels, featuring exceptional ceiling heights, expansive storefront glazing, and over 250 feet of continuous corner frontage along Broadway and Worth Street. Each unit is individually assessed as a separate tax lot, providing unparalleled flexibility for ownership, financing, and future repositioning strategies. The asset is 100% leased to a curated mix of investment-grade and lifestyle tenants, including FedEx (corner unit), SLT, JDI Strength, 787 Coffee, Evolve Med Spa, and Eye & Health Tribeca. This diverse tenant roster ensures income stability and aligns with the luxury residential demographic above, where condominium sales exceed $2,000 per square foot. With a Year 1 NOI of $866,000 and a weighted average lease term exceeding five years, this offering represents a resilient, cash-flowing investment in one of Manhattan’s most dynamic retail corridors. Tribeca’s retail resurgence, supported by a median household income of $250,001 and proximity to major transit lines (1, 2, 3, A, C, E, R, W), further enhances the property’s long-term value proposition. Opportunities of this caliber—luxury retail condominiums in redeveloped historic buildings—are exceedingly rare, making 93 Worth Street a compelling acquisition for discerning investors.

ASK ABOUT THIS PROPERTY

Glenn TolchinUpland Property AdvisorsMore Info
917-359-6727

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Glenn TolchinUpland Property AdvisorsMore Info
917-359-6727

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