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345 Greenwich St 1,978 - 3,000 SF Retail Condo Units Offered at $4,150,170 - $4,841,865 CAD Per Unit in New York, NY 10013
INVESTMENT HIGHLIGHTS
- Directly off of Hudson St SUPREME location opposite Citi-Bank Headquarters- steady stream of foot traffic
PROPERTY FACTS
| Total Building Size | 29,031 SF | Floors | 6 |
| Property Type | Multifamily | Typical Floor Size | 2,000 SF |
| Property Subtype | Apartment | Year Built | 1910 |
| Building Class | C | Lot Size | 0.10 AC |
| Zoning | C6-2A - Light industrial with offices, hotels and most retail uses permitted. | ||
| Total Building Size | 29,031 SF |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 6 |
| Typical Floor Size | 2,000 SF |
| Year Built | 1910 |
| Lot Size | 0.10 AC |
| Zoning | C6-2A - Light industrial with offices, hotels and most retail uses permitted. |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Storage Space
- Ceiling Fans
- Kitchen
- Ice Maker
- Stainless Steel Appliances
- Instant Hot Water
SITE AMENITIES
- On-Site Retail
- Storage Space
- Elevator
2 UNITS AVAILABLE
Unit 1A
| Unit Size | 1,978 SF | Condo Use | Retail |
| Price | $4,150,170 CAD | Sale Type | Investment |
| Price Per SF | $2,098.16 CAD | Sale Conditions | Ground Lease (Leased Fee) |
| Unit Size | 1,978 SF |
| Price | $4,150,170 CAD |
| Price Per SF | $2,098.16 CAD |
| Condo Use | Retail |
| Sale Type | Investment |
| Sale Conditions | Ground Lease (Leased Fee) |
DESCRIPTION
1A at 345 Greenwich Street is a totally newly renovated space and located in the heart of Tribeca. 1A offers an opportunity for investors. It is approximately 1,978 sq. ft with an 800 storage space/office below grade with 8'foot ceiling height.
This space has elegance and sophistication and houses a high end nail salon with a 10 year lease making a steady stream of income for that Savy investor. 1A has 20 feet of frontage along with 14 ft high ceilings, 1 renovated bathroom, beautifully polished concrete floors, modern lighting fixtures as well as central air conditioning in place this space is quite impressive.
There is extremely high foot traffic as the Citi-Bank headquarters is right on the door step and the location is situated in an area that has many financial businesses, resident homes/lofts and in a prosperous commercial district making this an ideal investment for the purchaser. Some of the city's most popular dining, shopping, entertainment destinations, art galleries, medical facilities, ensure this space to have a steady stream of customers and clients. This space has a 10 year lease currently (please call for more details) bringing in a high monthly return.
Investors will appreciate the strong potential for long-term growth and return on investment offered by this property. Recent statistics show that property values in the area have risen steadily year over year, making it a smart choice for those looking to capitalize on the area's growth potential.
Don't miss out on this incredible opportunity to own one of the most coveted retail and restaurant spaces in the city. Call me day or night today to schedule a showing and experience the potential of 345 Greenwich for yourself.
SALE NOTES
Currently available for $3 Million.
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Unit 1B
| Unit Size | 3,000 SF | Sale Type | Investment |
| Price | $4,841,865 CAD | Cap Rate | 6.37% |
| Price Per SF | $1,613.95 CAD | NOI | $308,426.79 CAD |
| Condo Use | Retail | Sale Conditions | Ground Lease (Leased Fee) |
| Unit Size | 3,000 SF |
| Price | $4,841,865 CAD |
| Price Per SF | $1,613.95 CAD |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 6.37% |
| NOI | $308,426.79 CAD |
| Sale Conditions | Ground Lease (Leased Fee) |
DESCRIPTION
Unit 1B consists of 2,000 square feet of ground floor retail space with a 1,000 square foot basement.
SALE NOTES
This space includes monthly maintenance of $3,254 and yearly taxes of $65,230.
There is currently a tenant in place with a 15 year lease at $27,000 per month with an escalation fee of 3% every year. Tenant pays taxes above base tax.
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UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 10 | - | 3,000 |
Presented by
Douglas Elliman
345 Greenwich St
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