Owning your own office space in a desirable location offers business owners a wide range of benefits. These benefits include the ability to modify the space more liberally, as well as the ability to sublet space in their office to other businesses for additional income. This is not to leave out the added long-term benefit of financial appreciation. Tribeca is seen as one of the best neighborhoods in New York City, and in 2010, Tribeca was rated the safest neighborhood in New York City according to NYPD and CompStat statistics, As a rule, real estate in this neighborhood tends to appreciate, and is increasingly seen as a good investment by buyers around the world.
Presenting a unique investment opportunity at 158 Franklin Street, located in the heart of Tribeca's coveted South Historic District. This fully leased, 3,363-square-foot retail condominium offers a prime space within a six-story residential building, spanning both the ground floor and a sellable lower level. Currently occupied and providing immediate cash flow, this property is ideal for investors seeking long-term value in one of New York City’s most dynamic neighborhoods. Unit A comprises 1,706 square feet on the ground floor, while Unit B, at 1,657 square feet, occupies the lower level, accessible through an internal staircase and an elevator that connects through the residential lobby. The space also includes a small rear yard, adding a unique feature to this high-traffic location. Set between West Broadway and Hudson Street, 158 Franklin Street benefits from exceptional foot traffic and visibility, supported by a thriving retail and residential environment. The property is surrounded by some of Tribeca’s most iconic establishments, including the Greenwich Hotel, Bubby’s, Wolfgang’s Steakhouse, and the Roxy Hotel. This location also offers proximity to major corporate headquarters, such as BNY Mellon and Citigroup, as well as educational institutions like the Borough of Manhattan Community College, all of which contribute to a robust daytime and evening customer base. Positioned near multiple transportation options, including the Franklin Street subway station and the World Trade Center transit hub, the property ensures easy access for patrons and tenants alike. Zoned within a C6-3 district, this unit accommodates various commercial uses, enhancing its appeal for future end-users or as an enduring investment. Currently listed at $3,750,000, this property combines immediate income potential with future flexibility, providing a rare chance to secure a commercial foothold in Tribeca’s sought-after historic district.
Introducing a premier retail opportunity at 391 Broadway, located in the vibrant and highly sought-after area of Northern Tribeca in Manhattan. This exceptional 3,240-square-foot ground-floor retail condo, available for $3,750,000, offers a rare chance for investors or owner-users to secure a prime space in one of New York City’s most dynamic neighborhoods. Nestled within a six-story residential building, the property is surrounded by high-value loft apartments, which range from $3 to $7 million per unit, further enhancing the property’s appeal. This retail condo at 391 Broadway boasts several recent upgrades and modern enhancements, including a striking 14-foot ceiling height and exposed brick walls that infuse the space with a rustic, yet upscale aesthetic. The layout is thoughtfully designed to accommodate a variety of retail or showroom uses, with a 1,200-square-foot finished lower-level space accessible via an internal staircase, providing additional room for storage, office space, or expanded retail display. As seen in the photos, the store is adorned with chic, urban interior decor and vibrant floral displays, creating an inviting atmosphere for customers. The exposed brick adds character and warmth, perfectly complementing the upscale, artisan displays that line the walls, which can inspire a similar retail setup for the new owner. The space is ready for immediate use, with high-quality lighting, polished wood flooring, and large front-facing windows that allow ample natural light to fill the area, enhancing visibility and creating an engaging street presence. Situated just steps away from acclaimed restaurants, boutique shops, art galleries, Canal Street, and the Franklin Street subway station, this location offers unparalleled foot traffic and accessibility. It’s also within minutes of cultural attractions like the New Museum and Columbus Park, making it a magnet for both locals and tourists. 391 Broadway is not just a property; it’s an investment in Manhattan’s thriving retail landscape. With its modern upgrades, high ceilings, finished lower level, and prime location amidst Northern Tribeca’s residential and commercial hubs, this retail condo is an unmatched opportunity to own a piece of New York City’s iconic retail scene.
Presenting a rare investment opportunity in the heart of Tribeca, this 2,700-square-foot retail condo occupies a prominent corner location within a luxury high-rise, offering prime visibility and accessibility in one of New York City’s most prestigious neighborhoods. Located on the first floor, this fully leased retail space is 100% occupied with long-term tenants, ensuring immediate and steady cash flow for the prospective buyer. With an attractive cap rate of 6.3%, this property offers solid returns enhanced by annual rental increases, making it a strong choice for investors seeking long-term stability in a highly desirable area. The high foot traffic of Tribeca, combined with the affluence of the surrounding neighborhood, adds further value, positioning this retail condo as a high-demand asset. Surrounded by high-end residences, upscale boutiques, dining establishments, and cultural landmarks, this property benefits from the vibrant atmosphere that characterizes Tribeca. This condo offers a blend of luxury, security, and income-generating potential, presenting a compelling investment with growth potential in a continually sought-after area of Manhattan.
Available for sale or lease, this prime ground-floor commercial condo at 68 Thomas Street offers a unique, versatile space in the heart of Tribeca. The property spans a total of 3,732 square feet, including 1,883 square feet on the ground level with soaring 15-foot ceilings, and 1,849 square feet on the lower level with 8’6” ceilings. The space is currently configured as an open layout across both levels, with polished hardwood floors, high-finished ceilings, recessed lighting, and a welcoming front reception area. Designed for functionality, the condo includes three bathrooms—one on the ground floor and two on the lower level—as well as a large open area and a dedicated side room on the lower level for storage or I.T. needs. The property is well-suited for various professional uses, with its current Certificate of Occupancy supporting gallery and studio functions. Its adaptable layout makes it ideal for a wide range of potential uses, including wellness centers, yoga or Pilates studios, physical therapy practices, medical offices, architecture and design studios, or executive offices. Positioned on a discreet, premier block of Thomas Street between West Broadway and Church Street, this location offers exceptional access to the cultural, dining, and luxury residential attractions that define Tribeca. The condo is available for lease at a reduced rate of $20,000 per month or for sale at $4 million, with possession available starting January 1, 2024. Annual common charges are $7,284, and yearly taxes amount to $35,128.56, offering manageable ongoing expenses in one of Manhattan's most prestigious neighborhoods. This property presents an exciting opportunity for both investors and business owners to establish a presence in a high-demand area of New York City, with flexible terms and a space ready to accommodate diverse business needs.
Located at 105 Hudson Street in the heart of Tribeca, this rare 1,306-square-foot office condo presents a unique opportunity for commercial use in one of New York City's most desirable neighborhoods. Priced at $950,000, this fourth-floor space includes two adjacent units—404 and 405—previously owned by a production company and configured as a photo studio and private screening room. The units are connected by a stylish spiral staircase, with the lower level featuring an 809-square-foot south-facing photo studio, and the upper level offering a 497-square-foot private screening room complete with a bar. This layout is ideal for creative businesses or private offices looking for a versatile, well-lit space with plenty of character. With upgraded electrical and plumbing, and a sink in the upper unit, there’s also the potential to add a pantry for added convenience. The condo’s maintenance fee is $4,369.41 per month, and the building’s prime location, just a block from the Franklin Street subway stop, ensures easy access and high desirability. Built in 1920 and renovated in 1980, the property combines historic charm with modern functionality, offering a sophisticated setting for creative work. Currently, we are offering a one-year maintenance credit valued at $52,428 for any deal closed by the end of the year, making this an exceptional opportunity for investors and business owners alike.
Located in the vibrant City Hall neighborhood, this turn-key commercial condo offers a prime investment opportunity for medical or professional use. With a total of 1,003 square feet, this office space sits on the third floor of a seven-story building that dates back to 1910. It’s situated in a bustling area surrounded by the cultural energy of Chinatown, SoHo, TriBeCa, and the Lower East Side, making it an ideal choice for practitioners or professionals seeking a central and accessible location. As you enter, you’ll be welcomed into a spacious reception area that sets a professional tone for clients or patients. The suite includes four exam rooms, each designed with functionality in mind, offering ample space for consultations or treatments. Additionally, there is a generous amount of storage, perfect for medical supplies or essential office equipment, adding to the practicality of the space. The unit is also equipped with a private bathroom, enhancing convenience for both staff and visitors. This property offers proximity to excellent public transport links, located just two blocks away from the Canal Street and Centre Street subway stations. These stations provide easy access to the J, Z, N, Q, R, and 6 lines, making commuting simple for clients and staff alike. Currently available for sale at $1,300,000, this condo represents a rare find in a highly desirable area. There is an option to combine this sale with Suite 303, allowing for an expanded workspace of approximately 2,000 square feet to accommodate growing practices. Don’t miss this chance to own a well-situated, professionally equipped space in one of Manhattan's most dynamic neighborhoods—perfect for those ready to establish or expand their professional footprint in New York City.
Presenting a prime commercial condo available for sale in the heart of Manhattan’s bustling City Hall neighborhood. Unit 209 at 139 Centre Street is an ideal office space tailored for medical or dental practices, boasting a thoughtfully designed layout within a nine-story building rich with history, dating back to its original construction in 1911 and extensively renovated in 2008. This 948-square-foot space features high ceilings and a move-in-ready condition, making it a compelling choice for professionals looking to establish or expand their practice in a central, high-traffic area. Located in a vibrant part of the city that bridges Tribeca and Chinatown, this property is well-serviced by various public transport options. Tenants and clients will enjoy easy access to the 6, Q, R, N, W, J, M, Z, A, C, and E subway lines, making commutes straightforward and efficient. The building’s amenities further enhance its appeal, with 24/7 access, handicap accessibility, and the security of a high-standard central air conditioning system. Concierge services provide an additional level of professionalism and convenience for any office setup. This commercial condo offers a turnkey investment opportunity with significant foot traffic. With a monthly property tax of approximately $855, this unit not only presents a great investment but also ensures ease of operation in a prime location. Positioned at an asking price of $898,000, it is competitively placed for those looking to secure a strategic foothold in one of Manhattan’s most dynamic neighborhoods.
Available for sale, Unit 204 on the second floor of 139 Centre Street offers a unique 876-square-foot space that is ideal for office or retail use. Located in the vibrant City Hall area of Manhattan, this commercial condo benefits from a high-traffic location, ensuring significant daytime footfall from surrounding neighborhoods, including Tribeca and Chinatown. The building itself is a historic nine-story structure built in 1911 and later renovated in 2008, combining classic architecture with modern updates that meet contemporary business needs. This unit provides a spacious interior with high ceilings, creating an open and airy environment that is well-suited for a variety of business applications. Although currently in core and shell condition, the space offers a blank canvas for customization, allowing future owners the freedom to tailor the layout and design to their specific requirements. Whether you're envisioning a stylish office or an inviting retail space, the potential for renovation enables the creation of a space that perfectly aligns with your brand and operational needs. The building at 139 Centre Street is serviced by multiple passenger and freight elevators, facilitating ease of access for staff and clients alike. Surrounded by numerous amenities and accessible by a range of subway lines, including the 6, Q, R, N, W, J, M, Z, A, C, and E, this property offers both convenience and connectivity in one of New York City’s most dynamic commercial districts. For prospective buyers looking to establish a presence in a high-profile area with ample design flexibility, Unit 204 presents an excellent opportunity.
Located on the bustling southwest corner of Canal and Mulberry Streets, 206-212 Canal Street offers a well-positioned 830-square-foot medical office condo for sale in Manhattan's vibrant City Hall district. This 5th-floor unit, within a six-story, Class C masonry building constructed in 1920, provides an ideal investment opportunity for both investors and owner-users seeking a presence in one of New York’s most dynamic neighborhoods. Priced at $720,000, or approximately $872 per square foot, this commercial space benefits from a multi-tenant layout within a 46,544-square-foot building, providing flexibility and accessibility for a range of professional or medical practices. The building is equipped with two elevators, ensuring convenient access for clients and patients, and each floor offers a typical floorplate of 550 square feet, making it manageable and efficient for a variety of uses. The property’s location in the CBD (Central Business District) places it in proximity to extensive amenities, including public transportation, retail shops, restaurants, and iconic New York landmarks. Positioned within easy reach of the Canal Street subway stations, the location is particularly appealing for practices that value foot traffic and accessibility. This condo represents an attractive option for professionals seeking a cost-effective entry into Manhattan real estate or investors looking to secure a stable asset in a highly sought-after area.
This prime 728-square-foot office or medical condo at 206-212 Canal Street is an ideal opportunity for owner-users looking to establish a professional presence in Manhattan’s thriving City Hall area. Listed at $650,000, this fourth-floor unit is attractively priced at approximately $892 per square foot, providing an affordable yet valuable space within the heart of New York City's Central Business District. Situated within a six-story, Class C masonry building constructed in 1920, this condo offers a versatile layout suitable for various professional and medical uses. The building spans 46,544 square feet in total, with typical floors measuring 550 square feet, providing a well-organized multi-tenant environment. This historic property features two elevators, ensuring easy access for visitors, clients, or patients. Positioned in a highly accessible location, the property is just a short walk from major subway lines, making it an exceptionally convenient option for businesses that rely on accessibility and visibility. The surrounding area boasts a blend of retail, dining, and professional services, enhancing the experience for both tenants and visitors alike. This property offers a unique investment opportunity in an area known for its strong demand and historic charm. Whether you're an owner-user or an opportunistic investor, this Canal Street office condo presents a compelling option for those looking to invest in a well-located New York City property.
