149 CHURCH 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
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
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
View Photo Floor Plan

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Heating
  • Kitchen

SITE AMENITIES

  • Doorman
  • Elevator

ZONING

Zoning Code C6-3A (Mixed residential & commercial: condominiums)
  • Listing ID: 33909699

  • Date on Market: 11/18/2024

  • Last Updated:

  • Address: 149 CHURCH St, New York, NY 10007