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1 Unité disponible

  • Unité
  • Taille de l’unité
  • Utilisation du condo
  • Prix
  • Revenu net d’exploitation
  • Unité Garage
  • 34 776 pi²
  • Commerce de détail
  • 7 830 515 $ CAD (225,17 $ CAD/pi²)
  • -
Type de vente Investissement
Nbre d’espaces de stationnement 149
Description
Serhant LLC has been exclusively retained to market the parking garage at 225 Rector Place, a fully-leased, 149-space facility located in the heart of Battery Park City.

Situated at the base of a 23-story luxury condominium, this garage benefits from dual frontage along South End Avenue and RectorPlace, offering seamless access in a highly trafficked residential corridor. The property is currently leased to two operators: Hertz andCenterPark, providing immediate, reliable income from established tenants.

Located within one of Manhattan’s most stable and high-demand submarkets, 225 Rector Place is surrounded by dense residential towers, major office hubs like Brookfield Place, and cultural landmarks including the World Trade Center and the Hudson River waterfront. This consistent demand base supports long-term parking needs and positions the asset as a secure, income-generating investment.

This offering presents an opportunity to own a rare, institutional-quality parking asset in a premier location, with durable cash flow and strong fundamentals in place.
Notes sur la vente
A rare, income-generating asset in the heart of Battery Park City, this 149-space parking garage offers a turnkey opportunity to acquire a fully leased, institutional-quality investment in one of Manhattan’s most affluent and demand-stable neighborhoods. Located at the base of a 23-story luxury condominium, the garage spans nearly 28,000 square feet and boasts dual frontage along South End Avenue and Rector Place—ensuring optimal visibility and access.

Currently leased to Hertz (65 spaces) and CenterPark (84 spaces), the garage delivers consistent cash flow under a modified gross lease structure, with tenants covering pro-rata real estate taxes and common area maintenance over a base year. Investors benefit from both in-place income and future upside potential through lease optimization or operational restructuring.

Surrounded by residential towers, Brookfield Place, the World Trade Center, and the Hudson River waterfront, 225 Rector Place sits at the nexus of one of Lower Manhattan’s most active and high-demand corridors. Its proximity to major transit options, including subways, PATH, ferry terminals, and arterial highways, reinforces the garage’s utility in a tightly zoned, parking-constrained environment.

For investors seeking a low-maintenance, long-term yield in a premier submarket, 225 Rector Place offers exceptional fundamentals and enduring value.
Unité Taille de l’unité Utilisation du condo Prix Revenu net d’exploitation
Unité Garage 34 776 pi² Commerce de détail 7 830 515 $ CAD (225,17 $ CAD/pi²) -

Unité Garage

Taille de l’unité
34 776 pi²
Utilisation du condo
Commerce de détail
Prix
7 830 515 $ CAD (225,17 $ CAD/pi²)
Revenu net d’exploitation
-

Unité Garage

Taille de l’unité 34 776 pi²
Utilisation du condo Commerce de détail
Prix 7 830 515 $ CAD (225,17 $ CAD/pi²)
Revenu net d’exploitation -
Type de vente Investissement
Nbre d’espaces de stationnement 149
Description
Serhant LLC has been exclusively retained to market the parking garage at 225 Rector Place, a fully-leased, 149-space facility located in the heart of Battery Park City.<br> <br> Situated at the base of a 23-story luxury condominium, this garage benefits from dual frontage along South End Avenue and RectorPlace, offering seamless access in a highly trafficked residential corridor. The property is currently leased to two operators: Hertz andCenterPark, providing immediate, reliable income from established tenants. <br> <br> Located within one of Manhattan’s most stable and high-demand submarkets, 225 Rector Place is surrounded by dense residential towers, major office hubs like Brookfield Place, and cultural landmarks including the World Trade Center and the Hudson River waterfront. This consistent demand base supports long-term parking needs and positions the asset as a secure, income-generating investment.<br> <br> This offering presents an opportunity to own a rare, institutional-quality parking asset in a premier location, with durable cash flow and strong fundamentals in place.</li></ul>
Notes sur la vente
A rare, income-generating asset in the heart of Battery Park City, this 149-space parking garage offers a turnkey opportunity to acquire a fully leased, institutional-quality investment in one of Manhattan’s most affluent and demand-stable neighborhoods. Located at the base of a 23-story luxury condominium, the garage spans nearly 28,000 square feet and boasts dual frontage along South End Avenue and Rector Place—ensuring optimal visibility and access.<br> <br> Currently leased to Hertz (65 spaces) and CenterPark (84 spaces), the garage delivers consistent cash flow under a modified gross lease structure, with tenants covering pro-rata real estate taxes and common area maintenance over a base year. Investors benefit from both in-place income and future upside potential through lease optimization or operational restructuring.<br> <br> Surrounded by residential towers, Brookfield Place, the World Trade Center, and the Hudson River waterfront, 225 Rector Place sits at the nexus of one of Lower Manhattan’s most active and high-demand corridors. Its proximity to major transit options, including subways, PATH, ferry terminals, and arterial highways, reinforces the garage’s utility in a tightly zoned, parking-constrained environment.<br> <br> For investors seeking a low-maintenance, long-term yield in a premier submarket, 225 Rector Place offers exceptional fundamentals and enduring value.</li></ul>

Faits sur la propriété

Les informations ci-dessous concernent l’ensemble de l’immeuble. Les caractéristiques propres à chaque lot peuvent varier et sont précisées dans la description du lot présenté ci-dessus.
Taille totale du bâtiment 572 377 pi²
Type de propriété Immeuble residentiel (Condo)
Sous-type de propriété Appartement
Classe d’immeuble B
Planchers 23
Superficie de plancher typique 10 932 pi²
Année de construction 1985
Taille du lot 0,86 AC
Ratio de stationnement 0,26/1 000 pi²
Zonage BPC - Bâtiments mixtes résidentiels et commerciaux : condominiums

Commodités

Commodités du site

  • Accès 24 heures
  • Accès contrôlé
  • Concierge
  • Centre de conditionnement physique
  • Installations de lessive
  • Piscine
  • Gestionnaire d'immeuble sur place
  • Cabane
  • Grill
  • Service de lavage de vêtements
  • Pistes cyclables/Piétonnières
  • Terrasse sur le toit
  • Station de recharge de voiture
  • Ascenseur
  • Entretien sur place
  • Transport en commun

Unité renseignements sur le mélange

Description Nombre d’unités Loyer moyen/mois pi²
Studios 92 - 575 - 621
1+1 156 - 716
2+2 37 - 970
Exceptionnellement accessible à pied
100/100
Relativement adapté aux voitures
50/100
Transports en commun exceptionnels
100/100
Très accessible en vélo
80/100
  • ID d’inscription: 39834645

  • Date de mise sur le marché: 2026-03-19

  • Dernière mise à jour:

  • Adresse: 250 Albany St, New York, NY 10280

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