111 Murray St, New York, NY 10007
2,200 SF retail condos in Tribeca, 100% occupied.
- Added:
- Mar 4, 2026
- Days on Market:
- 116
- Last Refresh:
- Mar 16 at 2:29 pm
Property Features for 111 Murray St
General Information
- Standard status
- Active
- Size
- 2,200 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2019
Listing office Highcap Group (646) 546-5880
Listing date Mar 4, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Highcap Group
HighLights
- Prime Tribeca Location
- Corner Retail Condos
- 2,200 SF
- 100% Occupied
- Two Tenants
- 5.75% CAP Rate
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $518.5k | $235.68 |
| − Vacancy | −$76.2k | −$34.64 |
| EGI | $442.3k | $201.04 |
| − OpEx | −$132.7k | −$60.31 |
| NOI | $309.6k | $140.72 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -74.012541
- Latitude
- 40.715413