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41-43 Division St
31,100 SF Vacant Office Building New York, NY 10002 $22,500,000 ($723/SF)
Executive Summary
Market Street, in the Two Bridges area at the intersection of Chinatown, LES, TriBeCa, Soho, and the Financial District.
The building contains 30,872 gross rentable SF and has undergone an extensive and full gut-renovation completed in mid-2020, including capital improvements in excess of 5mm. Taken down to the core and rebuilt with entirely brand new --steel beams, mechanicals, plumbing, electric, windows, elevator with rooftop stop, fire-escape, restored façade, and finished paver rooftop.
The building enjoys soaring ceiling heights (14.5 feet on the ground floor), full size windows and ample outdoor space including a 3,000 square feet roof deck with dramatic NYC views. This is a unique opportunity for this turnkey building to become future headquarters for a wide array of commercial users including retailers, religious organizations, governments, family offices, foundations, doctors’ offices, social/private
clubs or galleries seeking to establish a flagship in this burgeoning location.
Property Facts
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Previously “Hypebeast” Flagship Store. Upgraded sound and lighting system. 15 FT ceilings on the ground floor. 11 FT ceilings in the lower level. Floor-to-ceiling windows. Situated on the south side of Division Street and the Two Bridges area at the intersection of LES, Chinatown, Tribeca, SoHo, and Financial District.
Previously “Hypebeast” Flagship Store. Upgraded sound and lighting system. 15 FT ceilings on the ground floor. 11 FT ceilings in the lower level. Floor-to-ceiling windows. Situated on the south side of Division Street and the Two Bridges area at the intersection of LES, Chinatown, Tribeca, SoHo, and Financial District.
BUILT OUT AS HIGH END SHOWROOM LL WILL MODIFY SHARED ROOFTOP AMENITY
WHITE BOXED SPACE 2 SIDES OF LIGHT SHARED ROOFTOP NEWLY RENOVATED
| Space | Size | Space Use | Condition | Available |
| Lower Level | 3,250 SF | Retail | Full Build-Out | Now |
| 1st Floor | 3,250 SF | Retail | Full Build-Out | Now |
| 2nd Floor | 4,750 SF | Office | Full Build-Out | Now |
| 3rd Floor | 4,750 SF | Office | Partial Build-Out | Now |
Lower Level
| Size |
| 3,250 SF |
| Space Use |
| Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size |
| 3,250 SF |
| Space Use |
| Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Floor
| Size |
| 4,750 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
3rd Floor
| Size |
| 4,750 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
Lower Level
| Size | 3,250 SF |
| Space Use | Retail |
| Condition | Full Build-Out |
| Available | Now |
Previously “Hypebeast” Flagship Store. Upgraded sound and lighting system. 15 FT ceilings on the ground floor. 11 FT ceilings in the lower level. Floor-to-ceiling windows. Situated on the south side of Division Street and the Two Bridges area at the intersection of LES, Chinatown, Tribeca, SoHo, and Financial District.
1st Floor
| Size | 3,250 SF |
| Space Use | Retail |
| Condition | Full Build-Out |
| Available | Now |
Previously “Hypebeast” Flagship Store. Upgraded sound and lighting system. 15 FT ceilings on the ground floor. 11 FT ceilings in the lower level. Floor-to-ceiling windows. Situated on the south side of Division Street and the Two Bridges area at the intersection of LES, Chinatown, Tribeca, SoHo, and Financial District.
2nd Floor
| Size | 4,750 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
BUILT OUT AS HIGH END SHOWROOM LL WILL MODIFY SHARED ROOFTOP AMENITY
3rd Floor
| Size | 4,750 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
WHITE BOXED SPACE 2 SIDES OF LIGHT SHARED ROOFTOP NEWLY RENOVATED
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,300,222 | |
| Land Assessment | $391,500 | Total Assessment | $2,691,722 |
PROPERTY TAXES
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41-43 Division St
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