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    73 Leonard St New York, NY 10013

    For Sale
    $11,950,000

    Five-story multifamily building in prime TriBeCa neighborhood.

    Property size:
    11,945 SF

    Property Features for 73 Leonard St

    General Information

    Size
    11,945 SF

    Building Details

    Year built
    1910

    Source: Brian Donovan Agent Brian Donovan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    TriBeCa Multifamily Building Opportunity

    Located in prime TriBeCa, Lower Manhattan, this generational trophy asset is a 5-story walkup building totaling almost 12,000 square feet, with an additional basement and sub-basement. Constructed in the early 1900s, the building features 25 feet of frontage and is situated a few buildings from the 60-story Jenga Tower skyscraper, completed in 2017. TriBeCa is known for its historic architecture, luxury condominiums, and high-end restaurants and shops. The property is in immediate walking distance to nightlife, restaurants, and retail. The building presents a multifamily opportunity in the heart of TriBeCa. TriBeCa commercial real estate includes a mix of office spaces, retail shops, and restaurants. In recent years, TriBeCa has become a popular location for technology startups and media companies, attracted by the neighborhood’s proximity to Silicon Alley and the city’s major transportation hubs.
    Insight Report Location Intelligence

    Current Use by Public Records

    Kerry Schuss Gallery Art Gallery Mary Carlson Art Gallery

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Food Market Clothing Store Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -74.0052693
    Latitude
    40.7175366

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    FAQs

    What type of property is this?
    Apartment building - Five-story multifamily building in prime TriBeCa neighborhood.
    Where is this apartment building located?
    The property is located at 73 Leonard St New York, NY.
    What is the asking price?
    The asking price for this property is $11,950,000.
    What are key features of this property?
    This property features: - Prime TriBeCa location, Lower Manhattan.; - Rare 5-story multi-family opportunity.; - Approximately 12,000 SF plus basement and sub-basement.
    (716) 998-2943
    Request Owner's contact information
    73 Leonard St New York, NY 10013
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    New York, NY 10013
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    73 Leonard St New York, NY 10013
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