2 Thomas St, New York, NY 10007

Avison Young, as exclusive agent, is pleased to offer for sale 2 Thomas Street / 317 Broadway (the “Site”), a prime development opportunity located at the corner of Thomas Street and Broadway in Tribeca—one of Manhattan’s most coveted neighborhoods. The Site measures approximately 2,639 SF with 25 feet of frontage on Broadway and 105.25 feet on Thomas Street. It is currently improved by a vacant, two-story former McDonald’s building. The property is located within the C6-4A / R10A zoning district, allowing for a 10.0 FAR residential, 12.0 FAR with Universal Affordability Preference, and 10.0 FAR commercial, presenting significant development potential in a high-demand luxury market.

Ownership intends to execute a transaction based on as-of-right zoning and massing. As an additional value-add, ownership is prepared to allow a cantilever over 315 Broadway to enable further expansion potential; however, no transaction can be contingent upon obtaining cantilever approval.