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Prime Tribeca Development Opportunity
For Sale
Contact for pricing
Pending

2 Thomas St, New York, NY 10007

Vacant corner lot in Tribeca with development potential.

Property Size7,692 SF
Lot Size0.06 Acres
Days on Market186

Property Features for 2 Thomas St

General Information

Standard status Pending
Size 7,692 SF
Lot size 0.06 Acres
Property subtype Retail
Zoning C6-4A / R10A

Building Details

Stories 2
Listing Agency: Avison Young - New York
Listed By: Erik Edeen · License #NY 10401285428
Source: Crexi
Added: Feb 7 Changed: Aug 11 Last Checked: Aug 12 at 12:11PM

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.

Located at the corner of Thomas Street and Broadway in Tribeca, the site at 2 Thomas Street / 317 Broadway offers a development opportunity in a sought-after Manhattan neighborhood. The site encompasses approximately 2,639 square feet, featuring 25 feet of frontage on Broadway and 105.25 feet on Thomas Street. Currently, the property includes a vacant, two-story former McDonald’s building. Zoned C6-4A / R10A, the site allows for a 10.0 FAR residential development, a 12.0 FAR with Universal Affordability Preference, and a 10.0 FAR commercial development. The property has significant development potential in a high-demand luxury market. The owner 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.

Key Highlights

  • Prime Tribeca development opportunity at the corner of Thomas Street and Broadway.
  • Significant development potential with C6‑4A / R10A zoning allowing for high FAR (up to 12.0 with Universal Affordability Preference).
  • As‑of‑right zoning and massing simplifies the development process.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Nursing Home Pet Grooming Service Clothing & Fashion Store Buffet Adult Day Care Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

34,910
Businesses Nearby

Demographics for 10007, NY

8,421
Population
3,711
Households
2.3
Avg Household Size
35
Median Age
86%
College-Educated
98%
High-School Grad
0.2 sq mi
ZIP Area
42,105
Density / Sq Mi
$250,001
Median Household Income
$150,470
Median Earnings
$3,501
Median Rent
$2,000,001
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Vacant corner lot in Tribeca with development potential.
Where is this commercial land located?
The property is located at 2 Thomas St New York, NY.
What are key features of this property?
This property features: Prime Tribeca development opportunity at the corner of Thomas Street and Broadway.; Significant development potential with C6‑4A / R10A zoning allowing for high FAR (up to 12.0 with Universal Affordability Preference).; As‑of‑right zoning and massing simplifies the development process.
More about this property
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