Historic Loft Building with Condo
For Sale
Contact for pricing
71 Franklin Street, New York, NY 10013
Five-story loft building built in 1861 with nearly 14' ceilings and approved plans for a mixed-use condo conversion.
Property SizeContact for details
Days on Market119
Property Features for 71 Franklin Street
General Information
Standard status
Active
Property subtype
Retail, Multifamily, Mixed Use
Additional Details
Clear Height
14 ft
Building Details
Year Built
1861
Stories
5
Construction
loft
Listing Agency:
Avison Young - New York
Listed By:
Will Suarez · License #NY 10401238182
Source:
Crexi
Added: Apr 15
Changed: Aug 8
Last Checked: Jul 23 at 8:53AM
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 Avison Young - New York
Investment Insights
Based on property information with market context.
This five-story loft building at 71 Franklin Street was originally built in 1861 and features ceiling heights of nearly 14' and oversized windows designed to bring in abundant light. The property is being marketed with approved plans to convert the building to a mixed-use condo, including nine residences and a ground-floor retail unit. Delivery is planned as vacant, though one of the two existing retail units is leased until June 2016.
The plans also call for adding two additional floors to create a 4,300-square-foot penthouse unit with more than 2,800 square feet of outdoor space. An alternate concept is noted in the approved plans for a single-family mansion if a buyer/user has that interest. The building is located on the south side of Franklin Street between Broadway and Church Street, within two blocks of two Michelin star restaurants and within close walking distance to the 1, N, Q, and R train stops.
The plans also call for adding two additional floors to create a 4,300-square-foot penthouse unit with more than 2,800 square feet of outdoor space. An alternate concept is noted in the approved plans for a single-family mansion if a buyer/user has that interest. The building is located on the south side of Franklin Street between Broadway and Church Street, within two blocks of two Michelin star restaurants and within close walking distance to the 1, N, Q, and R train stops.
Key Highlights
- Five‑story loft building originally built in 1861 on Franklin Street between Broadway and Church Street
- Nearly 14' ceiling heights and oversized windows for substantial natural light
- Delivered with approved plans to convert to a mixed‑use condo building with nine residences and one ground‑floor retail unit
Property Analytics
Property Profile
Current Use
Lease Details
14 ft
Clear height
Location Intelligence
Trade Area within ½ mile
36,544
Businesses Nearby
Explore this area
Business Placement
Demographics for 10013, NY
31,042
Population
15,933
Households
1.9
Avg Household Size
36
Median Age
72%
College-Educated
89%
High-School Grad
0.5 sq mi
ZIP Area
62,084
Density / Sq Mi
$159,474
Median Household Income
$92,765
Median Earnings
$2,378
Median Rent
$2,000,001
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Five-story loft building built in 1861 with nearly 14' ceilings and approved plans for a mixed-use condo conversion.
Where is this mixed-use property located?
The property is located at 71 Franklin Street New York, NY.
What are key features of this property?
This property features: Five‑story loft building originally built in 1861 on Franklin Street between Broadway and Church Street; Nearly 14' ceiling heights and oversized windows for substantial natural light; Delivered with approved plans to convert to a mixed‑use condo building with nine residences and one ground‑floor retail unit
