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102 Chambers St
New York, NY 10007
Retail Property For Sale · 1 Unit
Investment Highlights
- The Unit will be delivered vacant and serves as a fantastic opportunity for an owner-user or a value-add investor.
- 125 feet of wraparound frontage along Church and Chambers Streets.
Executive Summary
Avison Young, as exclusive agent is pleased to offer for sale a retail condominium located at 102 Chambers Street (the “Unit”). The 3,086 square foot ground floor unit is situated at the base of a newly constructed, ultraluxury 12-story residential condominium development on the northeast corner Church and Chambers Streets. 102 Chambers Street is located in the highly desirable Tribeca, submarket, and features approximately 125 feet of wraparound frontage along Church and Chambers Streets. Tribeca is home to a mix of high-end boutiques, art galleries, trendy cafes, and specialty stores that attract locals and tourists alike. The area has a strong affinity for boutique and unique retail experiences, making the Unit a prime candidate for a high-end, artisanal business or a branding opportunity for a well-known tenant. The Unit will be delivered vacant and serves as a fantastic opportunity for an owner-user or a value-add investor.
PROPERTY FACTS
| Unit Size | 3,086 SF | Building Class | A |
| No. Units | 1 | Floors | 12 |
| Total Building Size | 64,418 SF | Typical Floor Size | 5,368 SF |
| Property Type | Multifamily (Condo) | Year Built | 2020 |
| Property Subtype | Apartment | Lot Size | 0.16 AC |
| Sale Type | Investment or Owner User |
| Unit Size | 3,086 SF |
| No. Units | 1 |
| Total Building Size | 64,418 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Sale Type | Investment or Owner User |
| Building Class | A |
| Floors | 12 |
| Typical Floor Size | 5,368 SF |
| Year Built | 2020 |
| Lot Size | 0.16 AC |
1 Unit Available
Unit Retail
| Unit Size | 3,086 SF | Cap Rate | 6.70% |
| Condo Use | Retail | NOI | $368,713 |
| Sale Type | Investment or Owner User | APN/Parcel ID | 0135-1903 |
| Unit Size | 3,086 SF |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.70% |
| NOI | $368,713 |
| APN/Parcel ID | 0135-1903 |
Description
The Unit is well located in a live-work-play neighborhood that is also easily accessible by train or car. Lower Manhattan has continued to evolve and increase in popularity, with over 7,000 additional residential units under construction within a mile of the Unit. The Unit is a few short blocks from the Westside Highway and is also easily accessible via the Brooklyn Bridge and the FDR Drive.
Sale Notes
Avison Young, as exclusive agent is pleased to offer for sale a retail condominium located at 102 Chambers Street. The 3,086 square foot ground floor unit is situated at the base of a newly constructed, ultraluxury 12-story residential condominium development on the northeast corner Church and Chambers Streets.102 Chambers Street is located in the highly desirable Tribeca, submarket, and features approximately 125 feet of wraparound frontage along Church and Chambers Streets.
Floor Plan
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Heating
- Kitchen
Site Amenities
- Doorman
- Elevator
zoning
| Zoning Code | C6-3A (Mixed residential & commercial: condominiums) |
| C6-3A (Mixed residential & commercial: condominiums) |
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