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Various offerings in the SOHO area of New York City 1. PRIME SOHO/TRIBECA VACANT BUILDING
New York, NY 10013
County: New York Property Description:
This is a vacant office loft-style building with 12' ceilings being delivered to you vacant. It is one block from the TRUMP SOHO on a prime corner in New York City much desired SOHO/TRIBECA border. There are rights to build 125,000 SQ FT and an additional 25,000 SQ FT that can be purchased POST-CONTRACT. It is a GRAND OPPORTUNITY to develop a high end luxury condominium, or even a 5 star hotel. Location Description:
This neighborhood has a high demand for upscale living amenities. It is transforming into a ritzy and sophisticated sub-market in Manhattan with Condo Sales occurring on a daily basis at $3000.00/SQ FT. Daily rates for hotels in the neighborhood are north of $500/night. 2. New York, NY 10036 Price: $6,250,000 Restaurant Building Size:4,480 SF Lot Size:1,600 SF Property Description:
Five Story building with fully operational bar/restaurant on the ground floor and mezzanine, and three floor-thru apartments on the upper floors. Building was gut renovated in 2002. Building (and restaurant) will be delivered vacant except for one rent stabilized tenant on the second floor. Location Description:
Property is located on "Restaurant Row" in New York City's Theater District, also traditionally known as "Hell's Kitchen". A new boutique hotel is to open on the block, and a 900,000 square foot office building (Boston Properties) is slated for construction on the corner of 46th St. and Eighth Avenue. 3. W 46 St New York, NY 10036 $4,250,000 Property Description:
This is the entire floor with a huge terrace in a A-Class Jewelry building.
Beautifully built for a Jewelry company with all security in Place and Walk-In 9' X 7' vault. 9 offices, large open area, printing room, kitchen, large lunch room, two FDA approved marble bathrooms.
Windows are floor to ceiling. Great views. 800 SF terrace! Central AC.
The building is only 20 years old. Great Lobby. 3 elevators. Location Description:
Diamond district. Between 5 Ave and 6 Ave. Greatest location in the city! 4.Tribeca New York, NY 10013 Price:$27,000,000 Size:44,800 SF Occupancy: 100.00% Property Description:
3 Building package with total buildable 61,801 sq ft, currently owner occupied. Prime spot for hotel or condo conversion Location Description:
Located in the heart of Tribeca right off Broadway 5. LITTLE ITALY BULK PROPERTY SALE
New York, NY 10013
Price:$20,000,000
Garden/Low-Rise No. Units: 30 Building Size:36,492 SF Lot Size:6,833 SF Occupancy:100.00% Property Description:
THREE BUILDING PACKAGE WITH TWO ADJACENT RENTAL BUILDINGS (TOTALING FIVE BUILDINGS FOR SALE): Three adjacent walk-up mixed use buildings with two annexes added in 2005, in total containing approximately 36,492 rentable square feet. The three buildings are located in the gentrifying east section of Soho, between Soho and the East Village. Additionally, there is substantial upside to the rental income as the rent stabilized and rent controlled units convert to free market units over time. The restaurant takes up 3,502 square feet contiguous across the three buildings. It is owner occupied and will be delivered vacant. We are assuming $185/RSF for the restaurant space. The upper floors are residential units, mixed rent controlled; rent stabilized and free market units. Location Description:
This gentrifying area of Soho is otherwise known as the landmarked and worldwide recognized Little Italy, where the streets are lined with the some of the best Italian dining in Manhattan, the streets are alive, and tourist are attracted. 6. Soho office retail building
New York, NY 10013 Price:$45,000,000 Size:26,000 SF Occupancy:100.00% Price/SF:$1,730.77 Property Description:
Downtown Soho Building Opportunity
Prime location mix of office and retail building in the best block in Soho area New York City.
The ground retail floor is rented to a major chain store they paying around $ 175/per sqf which is much lower than the market price in that neighborhood store can be rented at 400$/sqf
The lease is up in 5 years.
On the second floor loft half of the floor is rented for 11k
The other half is a 1400 sqf live work loft witch going thru renovation can be rented for $6500-$7500
3, 4, 5 are fully rented at about 10k a month with 3-4% escalation each year and paying a part of the increase in the real estate taxes if any..
Expenses we looking approx 150 to 175 k/year
As of now the building gross 1.1 million.
Again the property is not on the market and has a great upside.
7. TRIBECA
New York, NY 10013 Type:Office
Office-Warehouse Building Size:26,600 SF Lot Size:3,600 SF Price:$1,850,000 Year Built:1895 Property Description:
Location, Location, Location ! 3600 SF of pristine lower level commercial space on North Moore St in Tribeca. Across the street from the new Robert De Niro Greenwich Hotel, across from Issey Miaky and on the same block as Mr. Chow. Beautifully finished rectangular space with 10 ft ceilings, 2 baths and light well windows. This exceptional space is excellent for design, architecture, photography or spa/ gym use. Extremely low monthlies, this commercial space in located in a beautiful terracotta pre war co op building. Location, location, location. 3600 sf of below grade commercial space on N. Moore St. Beautiful rectangular space, exposed brick, and 10 ft. ceilings. This exceptional space is excellent for design, architect, photography, or spa / gym use. There are light well windows, 2 bathrms and beautiful brick walls. This property is located in one of N. Moore St. most beautiful terra cotta and limestone co-ops. Location Description:
North Moore St the best street in Tribeca. Across from the new Robert DeNiro Greenwich St. Hotel across fro Issey Miake, on the same block as Mr. Chow. This is the most high end location in Tribeca. 8. Tribeca Commercial / Retail
New York, NY 10013 Price:$5,200,000 Building Size:14,000 SF Lot Size:5,250 SF Year Built:1900 Property Description:
4000sf appx PRIME Tribeca commercial condo for sale. PRIME 3200 sf retail w 18 ft appx ceilings. In addition there is 800sf of commercial zoned usable basement , with 11 ft ceilings. PRIME location , high end residential developments and new high end retail stores. Excellent as investment opportunity and excellent as owner /user property. Location Description:
Broadway & Franklin HIGH TRAFFIC LOCATION 9. Broadway
New York, NY 10013 Price:$12,000,000 Building Size:11,000 SF Occupancy:100.00% Property Description:
5 stories mixed use, plus full basement. lot is =25 X 100. Built, 25 X 96
Ground floor is 2,500 ft retail.
Building has 11,000 ft, w/ air rights for one additional floor.
5 office tenants. 3 are month to month, 2 have one year left on their lease.
Retail space will be delivered vacant.
Real Estate txes =$42,000. $264,000 income from office tenants.
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