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New York County Lawyers’ Association Building 14 Vesey St

33,819 SF Office Building New York, NY 10007 $28,500,000 ($843/SF)

Investment Highlights

  • Prime Downtown Manhattan Location
  • Significant Value-Add Opportunity
  • Historic & Architectural Significance

Executive Summary

Cushman & Wakefield has been exclusively retained to arrange the sale of 14 Vesey Street, an architecturally significant building located in the heart of Manhattan’s Financial District. The property, an individual landmark known as the New York County Lawyers’ Association Building, features a gross above-grade space of ± 33,819 square feet. Zoned C5-3 and LM, the building offers a substantial value-add opportunity allowing for versatile uses.
The historical significance of 14 Vesey Street cannot be overstated. Constructed in 1929, it has served as the headquarters for the New York County Lawyers’ Association (NYCLA), a pivotal institution in the legal community renowned for its advocacy for legal reforms and public service. Its rich history and enduring architectural appeal make it a prime candidate for preservation and redevelopment.
The building’s location offers unparalleled access to transportation and amenities. It is situated near multiple subway lines, including the A, C, J, Z, 2, 3, 4, and 5 trains, providing excellent connectivity across New York City. The surrounding area is vibrant with commercial activity, including proximity to the World Trade Center, making it an attractive destination for both businesses and residents.
In summary, 14 Vesey Street offers a unique blend of historical significance, architectural beauty, and development potential. This prime location in one of Manhattan’s most dynamic neighborhoods makes it an exceptional investment opportunity for those looking to capitalize on the building’s rich heritage and strategic advantages.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
33,819 SF
Building Class
B
Year Built
1929
Price
$28,500,000
Price Per SF
$843
Tenancy
Single
Building Height
5 Stories
Typical Floor Size
6,764 SF
Building FAR
4.57
Lot Size
0.17 AC
Zoning
C5-3, LM - C5 is a central zoning district with generally large buildings having retail, offices, hotels, and residential uses.

Amenities

  • Bus Line
  • Metro/Subway

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • Lower Level
  • 8,542 SF
  • Office/Retail
  • Shell Space
  • Now

JTRE is planning a complete renovation of the Building to modernize the space and significantly increase the functionality of the floorplan. While preserving the unique and distinctive character of this landmark site, JTRE plans to elevate the asset to a premier, contemporary boutique building.

  • Basement
  • 9,119 SF
  • Office/Retail
  • Shell Space
  • Now

JTRE is planning a complete renovation of the Building to modernize the space and significantly increase the functionality of the floorplan. While preserving the unique and distinctive character of this landmark site, JTRE plans to elevate the asset to a premier, contemporary boutique building.

  • Ground
  • 9,164 SF
  • Office/Retail
  • Shell Space
  • Now

JTRE is planning a complete renovation of the Building to modernize the space and significantly increase the functionality of the floorplan. While preserving the unique and distinctive character of this landmark site, JTRE plans to elevate the asset to a premier, contemporary boutique building.

  • 2nd Floor
  • 8,832 SF
  • Office/Retail
  • Shell Space
  • Now

JTRE is planning a complete renovation of the Building to modernize the space and significantly increase the functionality of the floorplan. While preserving the unique and distinctive character of this landmark site, JTRE plans to elevate the asset to a premier, contemporary boutique building.

  • 3rd Floor
  • 8,832 SF
  • Office/Retail
  • Shell Space
  • Now

JTRE is planning a complete renovation of the Building to modernize the space and significantly increase the functionality of the floorplan. While preserving the unique and distinctive character of this landmark site, JTRE plans to elevate the asset to a premier, contemporary boutique building.

  • 4th Floor
  • 8,489 SF
  • Office/Retail
  • Shell Space
  • Now

JTRE is planning a complete renovation of the Building to modernize the space and significantly increase the functionality of the floorplan. While preserving the unique and distinctive character of this landmark site, JTRE plans to elevate the asset to a premier, contemporary boutique building.

  • 5th Floor
  • 6,848 SF
  • Office/Retail
  • Shell Space
  • Now

JTRE is planning a complete renovation of the Building to modernize the space and significantly increase the functionality of the floorplan. While preserving the unique and distinctive character of this landmark site, JTRE plans to elevate the asset to a premier, contemporary boutique building.

Space Size Space Use Condition Available
Lower Level 8,542 SF Office/Retail Shell Space Now
Basement 9,119 SF Office/Retail Shell Space Now
Ground 9,164 SF Office/Retail Shell Space Now
2nd Floor 8,832 SF Office/Retail Shell Space Now
3rd Floor 8,832 SF Office/Retail Shell Space Now
4th Floor 8,489 SF Office/Retail Shell Space Now
5th Floor 6,848 SF Office/Retail Shell Space Now

Lower Level

Size
8,542 SF
Space Use
Office/Retail
Condition
Shell Space
Available
Now

Basement

Size
9,119 SF
Space Use
Office/Retail
Condition
Shell Space
Available
Now

Ground

Size
9,164 SF
Space Use
Office/Retail
Condition
Shell Space
Available
Now

2nd Floor

Size
8,832 SF
Space Use
Office/Retail
Condition
Shell Space
Available
Now

3rd Floor

Size
8,832 SF
Space Use
Office/Retail
Condition
Shell Space
Available
Now

4th Floor

Size
8,489 SF
Space Use
Office/Retail
Condition
Shell Space
Available
Now

5th Floor

Size
6,848 SF
Space Use
Office/Retail
Condition
Shell Space
Available
Now

Lower Level

Size 8,542 SF
Space Use Office/Retail
Condition Shell Space
Available Now

JTRE is planning a complete renovation of the Building to modernize the space and significantly increase the functionality of the floorplan. While preserving the unique and distinctive character of this landmark site, JTRE plans to elevate the asset to a premier, contemporary boutique building.

Basement

Size 9,119 SF
Space Use Office/Retail
Condition Shell Space
Available Now

JTRE is planning a complete renovation of the Building to modernize the space and significantly increase the functionality of the floorplan. While preserving the unique and distinctive character of this landmark site, JTRE plans to elevate the asset to a premier, contemporary boutique building.

Ground

Size 9,164 SF
Space Use Office/Retail
Condition Shell Space
Available Now

JTRE is planning a complete renovation of the Building to modernize the space and significantly increase the functionality of the floorplan. While preserving the unique and distinctive character of this landmark site, JTRE plans to elevate the asset to a premier, contemporary boutique building.

2nd Floor

Size 8,832 SF
Space Use Office/Retail
Condition Shell Space
Available Now

JTRE is planning a complete renovation of the Building to modernize the space and significantly increase the functionality of the floorplan. While preserving the unique and distinctive character of this landmark site, JTRE plans to elevate the asset to a premier, contemporary boutique building.

3rd Floor

Size 8,832 SF
Space Use Office/Retail
Condition Shell Space
Available Now

JTRE is planning a complete renovation of the Building to modernize the space and significantly increase the functionality of the floorplan. While preserving the unique and distinctive character of this landmark site, JTRE plans to elevate the asset to a premier, contemporary boutique building.

4th Floor

Size 8,489 SF
Space Use Office/Retail
Condition Shell Space
Available Now

JTRE is planning a complete renovation of the Building to modernize the space and significantly increase the functionality of the floorplan. While preserving the unique and distinctive character of this landmark site, JTRE plans to elevate the asset to a premier, contemporary boutique building.

5th Floor

Size 6,848 SF
Space Use Office/Retail
Condition Shell Space
Available Now

JTRE is planning a complete renovation of the Building to modernize the space and significantly increase the functionality of the floorplan. While preserving the unique and distinctive character of this landmark site, JTRE plans to elevate the asset to a premier, contemporary boutique building.

Walk Score ®
Walker's Paradise (100)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0088-0002
Land Assessment
$675,000
Improvements Assessment
$1,662,570
Total Assessment
$2,337,570
  • Listing ID: 32879298

  • Date on Market: 8/19/2024

  • Last Updated:

  • Address: 14 Vesey St, New York, NY 10007

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