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Tribeca Mixed-Use Townhouse Opportunity

183 Duane Street Manhattan, NY 10013

183 Duane Street, Manhattan, NY, 10013
$6,950,000
Pending
For Sale
$6,950,000
Pending

Five-unit mixed-use townhouse in prime Tribeca location.

Property Size5,647 SF
Days on Market318

Property Features for 183 Duane Street

General Information

Standard status
Pending
Size
5,647 SF
Property subtype
Mixed Use

Building Details

Year Built
1920
Listing Agency Corcoran Group
Listed by Christopher V Cavorti · License #10301206385
Source Compass
Added: Sep 4, 2025 Checked: Jul 17 at 4:29 am

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 Corcoran Group


Investment Insights

Based on property information with market context.

Located on Duane Street between Greenwich and Hudson Streets in Tribeca, this five-story mixed-use townhouse was built in 1920 and renovated. The masonry building spans approximately 4,630 square feet above grade, plus a 1,016 square foot full-height cellar for retail accessory use. The property is configured as four full-floor residential units above a ground-floor retail space with storage. Each residential unit features an open loft layout of approximately 800 net square feet, configured as one to two bedrooms with one bath, with the potential to be converted into two-bedroom, two-bath units. The ground-floor commercial unit, including basement space, is leased to a luxury women's ready-to-wear brand. The building benefits from a Certificate of Occupancy and Tax Class 2B designation. Zoned C6-2A within the Tribeca Mixed-Use district, the building permits both residential and commercial uses and retains approximately 451.6 square feet of available development rights. The current Net Operating Income is approximately $299,000, with a projected proforma NOI of $395,000. The property is situated in Tribeca, surrounded by dining, retail, cultural institutions, and transit access.

Key Highlights

  • Prime Tribeca location on Duane Street, offering access to world‑class dining, retail, culture, and transit.
  • Mixed‑use building with stable income from a long‑term commercial tenant (Nili Lotan) and four residential units.
  • Significant upside potential through renovation, repositioning of units, or conversion to a single‑family residence.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Foo Yuan Food ... Big Box & Wholesale Store

Suggested Use

Nursing Home Nursing Home Pet Grooming Service Clothing & Fashion Store Buffet Adult Day Care Locksmith (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Mixed-use property - Five-unit mixed-use townhouse in prime Tribeca location.
Where is this mixed-use property located?
The property is located at 183 Duane Street Manhattan, NY.
What is the asking price?
The asking price for this property is $6,950,000.
What are key features of this property?
This property features: Prime Tribeca location on Duane Street, offering access to world‑class dining, retail, culture, and transit.; Mixed‑use building with stable income from a long‑term commercial tenant (Nili Lotan) and four residential units.; Significant upside potential through renovation, repositioning of units, or conversion to a single‑family residence.
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