Listed by L. Mason Capitani
Unpriced
Iodent Lofts
Details
Property Type Retail, Office
Sub Type Executive Office, Commercial
Square Footage 33,480
Cap Rate 5.25%
Tenancy Multi
Brand/Tenant Long-Term
Class A
Year Built 1922
Year Renovated 2009
Buildings 1
Stories 8
Rare Investment Opportunity | 33,480 SF | 8 Stories Plus Basement
Marketing description
Capture the essence of timeless charm and modern allure of this historic 1920s Arts Deco skyscraper known as the Iodent Loft Building. The historic property was renovated in 2009 and houses 11 luxury rental apartments, 1 luxury Penthouse apartment with rooftop garden & wet bar, office suites and two first floor commercial spaces. The property exudes sophistication and style, perfectly suited for different users ranging from residential, office or commercial. Its prime location in the vibrant Fox Town area, the stunning building architectural features and multiple use zoning offers a compelling investment opportunity. This prime property presents a lucrative prospect for savvy investors seeking a premier asset in a dynamic rebirth market. Elevate your portfolio with this iconic property's enduring appeal and trophy presences.
Investment highlights
- Rare Investment Opportunity | Excellent NOI
- 33,480 SF | 8 Story’s Plus Basement
- Mixed Use Building - Residential | Office | Retail
- 11 Fully Leased Luxury Apartments
- Penthouse Apartment with Rooftop Enclosure
- 2-Car Tandem Garage
- 3rd Floor Office Suites
- 1st & 2nd Floor Restaurant & Bar | Long-Term Tenant
- 5.25% CAP Rate Return
- Contact Broker for Confidential OM
Listing Contacts
Listed by L. Mason Capitani
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