Contact Zachary Ziskin for more information 718.360.0969 zachary@iprg.com Investment Property Realty Group (IPRG) has been exclusively retained by Building Ownership to represent a generational, family owned, multifamily four (4) story walk-up property that uniquely offers two (2) pass through entrances located at 247 West Broadway and 15 (6th) Avenue of the Americas, south of Walker Street on one of the most desirable blocks in Tribeca. The property offers a Vacant mixed-use commercial and ground floor space, with three (3) fully rented Residential Free Market Tribeca lofts, high ceilings and development utilizations rights (a/k/a Air Rights). The three “AS IS” free market Residential Tribeca lofts combined with the above ground commercial space boasts measurements of approximately 7,123 SF. The building measures 19’x 112’ with C6-2A, TMU zoning and is in the 2A protected tax class designation, capping annual property tax increases. As part of Ownerships’ strategic real estate development planning, its’ Engineer assessed a FAR of 6.02 offering an estimated 3,141 SF of unused Development Rights (a/k/a Air Rights). Unused Development Rights can be utilized to build a luxury Duplex Penthouse unit and elevator with tiered greenhouse patios, keyed elevator access and unobstructed views of Tribeca and Lower Manhattan.