185 Franklin St 7,500 SF 30% Leased Office Building New York, NY 10013 $11,571,549 CAD ($1,542.87 CAD/SF)

Fully Leased. Can be delivered vacant in 120 days. Built in 1915 and designed by architect Matthew A. Ryan for wool merchant Jeremiah W. Dimick, 185 Franklin Street is a distinguished 6-story, 20-foot-wide landmarked commercial building in the heart of the Tribeca West Historic District. This masonry structure is built full on a 20.08’ x 70’ lot and spans approximately 7,500 SqFt (697 m²) above-grade plus a basement which includes a storage area of 695 SqFt (65 m²). Each floor is 1,250-SqFt (116 m²) with 9’6” ceilings and features dual exposures—three windows across the northern front and three south-facing bay windows in the rear—further enhanced on the 6th floor by overhead skylights. A passenger elevator provides private, secure entry directly onto every floor. Situated within a C6-2A zoning district, the property allows for commercial, community facility, and residential uses "as-of-right." The building is anchored by a refurbished lobby with modern exposed brick and original terracotta floors. All levels are equipped with a pantry, bathroom, electric baseboard heating, and window HVAC units, with one dedicated roof condenser for the ground-floor office. The basement consists of the elevator and electrical rooms and storage featuring 7'10" ceilings. With annual property taxes of $96,851 and significant upside via a potential roof deck or skylight pop-up expansion, this is a prime opportunity for a luxury residential condo or high-end rental conversion, a grand single-family residence, or a sophisticated mixed-use configuration combining professional offices with either single-floor or duplex apartments. The property is exceptionally positioned just steps from the Franklin St (1) and Canal St (A/C/E) subways and within blocks of greenspaces like Hudson River Park's Pier 26, Washington Market Park, and Tribeca Park, alongside global tech and medial leaders including Google, Disney, Conde Nast, Uber, Spotify, and financial giants Citi, Jane Street, and Hudson River Trading (HRT). Contact me today for a showing!