PRIME TRIBECA DEVELOPMENT OPPORTUNITY... Rare offering of a 5-story, 25 ft wide building, located on the best block in the Church Street corridor of East Tribeca, and can be an income producing property or converted to a development. CURRENT BUILDING: 7800 sf + 1800 cellar (approx). The ground floor, with… Read More almost 12' ceilings, is prime for a new high-end retail or restaurant to take advantage of local foot traffic along Church Street. The 2nd and 3rd floors are currently used as office space, with new electrical, HVAC, and windows. The 4th and 5th floor triplex residential unit with private terrace has 3 bedrooms and 2.5 bathrooms, and voluminous 11' ceilings and is currently leased and operated by Rove Travel. It has been smartly renovated recently with new floors and bathrooms. The cellar is 1800sf with over 8' ceilings. The commercial-grade elevator services the cellar up to the 5th floor. The building can be leased out commercially or as a mixed use property. The building is currently built to an FAR of 4.14 with an allowable FAR of 6.5 to create a building up to 10,000sf+ with approximately 3,342sf of unused air rights. Contact your architect for feasibility and further details. This is a unique opportunity for a discerning investor in a location with high upside potential. Read Less
Listing Courtesy of: Grace M Steel, Compass
Listing Snapshot
Days Online
391
Last Updated
Property Type
MixedUse
Beds
7
Full Baths
5
Year Built
1910
MLS Number
RLS11027084
30 Days Snapshot Of 10013
$4.94M
+38%
(avg) sold price
22
-12%
homes sold
89
-6%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Entry Level: 1, Living Area Units: SquareFeet, Rooms Total: 10, Structure Type: MultiFamily, MixedUse, Townhouse
Exterior Features
Patio And Porch Features: Rooftop
Property
Property Condition: Excellent, Property Sub Type: MixedUse
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by Coldwell Banker Warburg. If you have any questions regarding the accuracy of this data, please contact us at [email protected]. Data updated:
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