Miscellaneous
70 Little West Street Parking Garage
70 Little W St, New York, NY 10004
Listing Price: Request For Offer
Investment Overview
70 Little West Street (Commercial Unit D) is a prime 100-space parking condominium located within The Visionaire, a LEED Platinum trophy residential tower in Battery Park City. The asset spans approximately 17,616 gross square feet across the cellar and ground floor, utilizing a owned high-capacity hydraulic stacker system.
The property is being offered via a Chapter 11/§1146(a)-qualified plan sale, ensuring a clean title via court order and a defined closing timeline.
Asset & Transaction Structure
The property is being offered via a Chapter 11/§1146(a)-qualified plan sale, ensuring a clean title via court order and a defined closing timeline.
Strategic Location & Submarket
Situated in one of Lower Manhattan's most supply-constrained districts, the garage benefits from a "captive" luxury resident base and proximity to major hubs like Brookfield Place, the World Trade Center transit hub, and Goldman Sachs's headquarters.
70 Little West Street Parking Garage
Investment Highlights
- Cash Flow through 2029 : The asset features a single-tenant modified-gross lease with Manhattan Parking Group, an institutional New York operator. Approximately $2.0 million in contracted r
- License-Program Optionality : An NY Attorney General No-Action Letter already authorizes a parking-space license program at the property.
- Reduced Mortgage Recording
Exclusively Listed By
Listing Price: Request For Offer
Investment Highlights
- Cash Flow through 2029 : The asset features a single-tenant modified-gross lease with Manhattan Parking Group, an institutional New York operator. Approximately $2.0 million in contracted r
- License-Program Optionality : An NY Attorney General No-Action Letter already authorizes a parking-space license program at the property.
- Reduced Mortgage Recording
Investment Overview
70 Little West Street (Commercial Unit D) is a prime 100-space parking condominium located within The Visionaire, a LEED Platinum trophy residential tower in Battery Park City. The asset spans approximately 17,616 gross square feet across the cellar and ground floor, utilizing a owned high-capacity hydraulic stacker system. The property is being offered via a Chapter 11/§1146(a)-qualified plan sale, ensuring a clean title via court order and a defined closing timeline. Asset & Transaction Structure The property is being offered via a Chapter 11/§1146(a)-qualified plan sale, ensuring a clean title via court order and a defined closing timeline. Strategic Location & Submarket Situated in one of Lower Manhattan's most supply-constrained districts, the garage benefits from a "captive" luxury resident base and proximity to major hubs like Brookfield Place, the World Trade Center transit hub, and Goldman Sachs's headquarters.
Exclusively Listed By
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