391 Broadway - Multi-Family CONDO FOR SALE


New York, NY 10013
$3,750,000 USD
636-448-1294
391 Broadway, New York, NY for Sale
$3,750,000 USD
Multi-Family CONDO - FOR SALE
1/20
null | Request Cap Rate

391 Broadway
New York, NY 10013


HIGHLIGHTS

  • 391 Broadway presents a rare opportunity for an investor or owner/user to purchase a ground-floor retail condo on New York’s popular Broadway.
  • Prime retail condo includes several recent improvements, 14' ceiling heights, exposed brick walls, and a 1,200-SF finished lower-level space.
  • Situated in Northern Tribeca at the base of a six-story residential building, upstairs loft apartments range in value from $3 to $7 million per unit.
  • Within steps of acclaimed restaurants, shops, galleries, Canal Street, and Franklin Street Station, minutes from the New Museum and Columbus Park.

OVERVIEW

391 Broadway invites owner/users and investors to purchase a ground-floor retail condo in New York City’s Northern Tribeca area. The 11,300-square-foot property sits on the west side of Broadway, between Walker Street and White Street. Investors or owners/users can capitalize on this rare opportunity to own a premium space on one of New York’s most famous streets. This 3,240-square-foot unit includes a 1,200-square-foot finished lower level with two built-out offices. The ground floor boasts exposed brick walls, hardwood flooring, high-end interior finishes, 14-foot ceilings, and new stairs to the lower level. Benefit from recent improvements, including a new HVAC system and ductwork, new electrical and plumbing, a new partition wall with a sliding door separating retail and warehouse spaces, and new build-outs for bathrooms, storage, and IT rooms. 391 Broadway is near SoHo, Civic Centre, and the Financial District, with upstairs loft apartments ranging in value from $3 to $7 million per unit. The property is within walking distance of Canal Street and the Franklin Street Station, providing access to the 1, 2, 3, 4, 5, 6, A, C, E, J, R, and Z subway lines. The city’s most celebrated restaurants, galleries, shops, and points of interest, such as Columbus Park and the New Museum, are only a short distance away. Please do not disturb the tenant. Please note that this listing is for the street-level retail space and not for the multifamily space above.

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$1,157 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

0%

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

12,866 SF

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1915

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

C6-2A

APN/PARCEL ID

0193-0046

ASK ABOUT THIS PROPERTY

Patricia McKelveyMcKelvey Properties, Inc.More Info
636-448-1294

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Patricia McKelveyMcKelvey Properties, Inc.More Info
636-448-1294

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