108 E 16th St - Loft/Creative Space FOR SALE


New York, NY 10003- Gramercy Park
$15,850,000 USD
917-373-6417
108 E 16th St, New York, NY for Sale
$15,850,000 USD
Loft/Creative Space - FOR SALE
1/9
null | Request Cap Rate

108 E 16th St
New York, NY 10003
Gramercy Park


HIGHLIGHTS

  • Prime Union Square Location
  • Commercial Loft Building - Creative Office Lofts
  • Prime Retail Space

OVERVIEW

New to Market! Prime Investment Opportunity. 33 Foot Wide - Six Story Loft Building plus cellar in the heart of Union Square. Originally designed by German architect William Kuhles in the Romanesque Revival style combined with German Renaissance with arches from the ground to the 2nd floor. Amazing opportunity for investors as mixed use rental building or condo conversion. Currently configured as a retail store on the ground floor with cellar for storage, with 5 upper floors utilized as office lofts. The building is 100% free market. Main subway hub at Union Square/14th Street with access to all the major lines L.N,Q,R,W,4,5 and 6 trains. All viewings strictly by appointment - offering memorandum provided with registered inquiries.

FOR SALE DETAILS

PRICE

$15,850,000 USD

PRICE/SF

$801 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

6

BUILDING CLASS

C

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

C6-1

APN/PARCEL ID

0871-0078

ASK ABOUT THIS PROPERTY

Kim SkarvelisCast Iron Real EstateMore Info
917-373-6417

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Kim SkarvelisCast Iron Real EstateMore Info
917-373-6417

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.