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Vacant-User

427 Washington St

427 Washington St, New York, NY 10013

Listing Price: $2,950,000

Cap Rate
1.00%
Gross SF
6,470
Rentable SF
6,470
Price/Gross SF
$455.95
Lot Size
0.12 acres
Year Built
1920

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the ground floor and lower level commercial CoOp at 427 Washington Street in affluent neighborhood of TriBeCa. The property is located on the Northeast corner of Washington and Vestry Streets, at the base of a luxury residential building; Tribeca Tower. Home in the heart of the North Tribeca Historic District the premises still maintain the building's original manufacturing esthetics. The unit offers approximately 2,270 square feet on the ground floor and 4,200 square feet of support space in the lower level. Tribeca is a hip area known for its old industrial buildings, many now turned into residential loft space. Cobblestone streets are lined with trendy boutiques and restaurants. Historic commercial buildings include the red-brick New York Mercantile Exchange edifice, from 1884. This commercial unit will be delivered vacant and presents owner occupiers the very rare opportunity for a permanent presence in one of the most sought after neighborhoods.

Investment Highlights

  • The Ground Floor has Extraordinary Ceiling Heights
  • Premises has the Rare Attribute of a Loading Dock from the Street into the Ground Floor with a Legal Curb Cut
  • Existing Freight Elevator From Street into Lower Level
  • Potential for a New Façade on the Vestry Street Side of the Building
  • TriBeCa is one of the Country's Highest Concentrations of Wealth with the Zip Code Having Nearly $12.8BB in Savings and Deposits

Exclusively Listed By

Financing By

Vacant-User

427 Washington St

Listing Price: $2,950,000

Cap Rate
1.00%
Gross SF
6,470
Rentable SF
6,470
Price/Gross SF
$455.95
Lot Size
0.12 acres
Year Built
1920

Investment Highlights

  • The Ground Floor has Extraordinary Ceiling Heights
  • Premises has the Rare Attribute of a Loading Dock from the Street into the Ground Floor with a Legal Curb Cut
  • Existing Freight Elevator From Street into Lower Level
  • Potential for a New Façade on the Vestry Street Side of the Building
  • TriBeCa is one of the Country's Highest Concentrations of Wealth with the Zip Code Having Nearly $12.8BB in Savings and Deposits

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the ground floor and lower level commercial CoOp at 427 Washington Street in affluent neighborhood of TriBeCa. The property is located on the Northeast corner of Washington and Vestry Streets, at the base of a luxury residential building; Tribeca Tower. Home in the heart of the North Tribeca Historic District the premises still maintain the building's original manufacturing esthetics. The unit offers approximately 2,270 square feet on the ground floor and 4,200 square feet of support space in the lower level. Tribeca is a hip area known for its old industrial buildings, many now turned into residential loft space. Cobblestone streets are lined with trendy boutiques and restaurants. Historic commercial buildings include the red-brick New York Mercantile Exchange edifice, from 1884. This commercial unit will be delivered vacant and presents owner occupiers the very rare opportunity for a permanent presence in one of the most sought after neighborhoods.

Exclusively Listed By

Financing By

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