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108 E 16th St 19,800 SF 100% Leased Office Building New York, NY 10003 $22,113,920 CAD ($1,116.86 CAD/SF)

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INVESTMENT HIGHLIGHTS

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

EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
19,800 SF
Building Class
C
Year Built
1920
Price
$22,113,920 CAD
Price Per SF
$1,116.86 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
6 Stories
Typical Floor Size
3,300 SF
Building FAR
5.68
Lot Size
0.08 AC
Zoning
C6-1 - Commercial

AMENITIES

  • 24 Hour Access

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

Wine education, tasting experiences and collecting opportunities are some of the dynamic ways that Italian Wine Merchants are bringing the world's best wines to their customers. Wine education, tasting experiences, and collecting opportunities are at the core of Italian Wine Merchants. As is the case for all of the offerings from IWM, the condition of every bottle—current releases and vintage wines—is guaranteed by temperature-controlled storage, authenticity and provenance. They bring the world's best wine to their customers. IWM caters to collectors and enthusiasts across the United States. Led by CEO Sergio Esposito, IWM specializes in hard-to-source wines and provides personalized attention throughout each client's discovery and selection process. Widely considered the leading authority on Italian wine today, Esposito has more than 20 years of industry experience and personally selects 100% of the Italian wine offered at IWM.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer - - Lorem Ipsum Jan 0000
Walk Score®
Walker's Paradise (100)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (94)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0871-0078
Land Assessment
$1,345,215 CAD
Improvements Assessment
$850,237 CAD
Total Assessment
$2,195,452 CAD
  • Listing ID: 34834664

  • Date on Market: 2025-02-14

  • Last Updated:

  • Address: 108 E 16th St, New York, NY 10003

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