Listed by RIPCO Real Estate, RIPCO Real Estate New York
$6,500,000
450 Washington St
Details
APN 224/1301,224/1302
Property Type Retail
Sub Type Restaurant, Street Retail
Square Footage 6,313
Units 2
NOI $616,466
Tenancy Multi
Price per SqFt $1,029
Year Built 2009
Year Renovated 2023
Buildings 1
Stories 16
Lot Size (SqFt) 36,858
Ground Lease Yes
Ceiling Height 10.33
Retail
Marketing description
450 Washington Street is a retail property located in Tribeca, Manhattan, between Desbrosses and Watts Streets. The property offers two available retail spaces totaling 6,313 SF with immediate possession and negotiable lease terms. The property is available for lease or for sale.
Investment highlights
- 167 FT of direct frontage along Washington Street
- Direct access to the Hudson River Park and Greenway
- Located at the base of a luxury residential building in the heart of Tribeca
- Spaces can be leased individually or combined to accommodate larger concepts
- Rare opportunity to bring much-needed amenities to an underserved, highly affluent neighborhood
Listing Contacts
Listed by RIPCO Real Estate, RIPCO Real Estate New York
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$616,466.00
$51,372.17/mo
Valuation Metrics
0
DSCR
9.48%
Cap Rate
9.48%
ROI
Map
Zoning
C6-3A CommercialCore CommercialGeneral Central Commercial
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