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71-73 Franklin St
New York, NY 10013
Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- Vacant Conversion Opportunity with Approved Condominium Plans
- Prime Tribeca Neighborhood with Consistent Demand for High-End Residential Units
- User Potential
- Proximity to Transportation
EXECUTIVE SUMMARY
Avison Young, as exclusive agent, is pleased to offer for sale 71-73 Franklin Street (the “Property”), a 54-foot-wide vacant loft building located on the south side of Franklin Street between Broadway and Church Streets in the heart of Tribeca. The 5-story property will be delivered with fully approved plans for a 21,122 SF residential condominium conversion, multifamily or single-family development. This is a rare opportunity to acquire a blank canvas for a luxury mixed-use conversion on one of the best blocks that Tribeca has to offer.
PROPERTY FACTS
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 8 | - | - |
PROPERTY TAXES
| Parcel Number | 0174-0028 | Improvements Assessment | $2,951,046 CAD |
| Land Assessment | $222,327 CAD | Total Assessment | $3,173,373 CAD |
PROPERTY TAXES
Parcel Number
0174-0028
Land Assessment
$222,327 CAD
Improvements Assessment
$2,951,046 CAD
Total Assessment
$3,173,373 CAD
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