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Four-Level Mixed-Use Property
For Sale
$2,495,000

2200 PRYTANIA Street, New Orleans, LA 70130

Multi-Family, Townhouse, New Orleans, LA

Property Size6,728 SF
Price / SF$370.84
Days on Market324
Rey
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Property Features for 2200 PRYTANIA Street

General Information

Property type Residential Multi Family
Property subtype Other
Exterior features Balcony, Courtyard, Fence
Fencing Fenced
Lot features Corner
Subdivision Garden District
Standard status Active
APN 412102706
Size 6,728 SF

Taxes and HOA fees

Tax Description SQ 202 PT LOT 13 PT LOT 14 JACKSON AND PRYTANIA 35 OVER 16 X 105 VAR 1452/56 JACKSON AV & 2200 PRYTANIA FILE #16704
Legal Description SQ 202 PT LOT 13 PT LOT 14 JACKSON AND PRYTANIA 35 OVER 16 X 105 VAR 1452/56 JACKSON AV & 2200 PRYTANIA FILE #16704

Utilities

Heating system Central
Cooling system Central Air
Water source Public

Amenities

private courtyard
exterior galleries
tall ceilings
marble fireplaces
original wood floors and windows
curving stairway
multiple large windows

Building Details

Year built 1858
Floors in Building 4
Number of units 1
Roof type Shingle
Architectural style Other
Listing Agency: Witry Collective, L.L.C.
Listed By: Katie Witry · License #995710150
Added: Nov 25, 2025 Changed: Sep 12 Last Checked: Oct 15 at 1:06PM
MLS# 2532124

Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This four-level mixed-use property contains 6,728 square feet and combines flexible upper-floor layouts with distinctive Greek Revival and Italianate design elements. The building includes two entrances, tall ceilings, marble fireplaces, original wood floors and windows, a curving stairway, and a wrought iron balcony along Jackson Avenue. A recent renovation raised the ground-floor level and revealed original framing and masonry walls. Central heating, central air, public water, and a shingle roof are in place.

The property at 2200 Prytania Street occupies the corner of Jackson Avenue and Prytania Street in New Orleans’ Garden District. It is one block from St. Charles Avenue and four blocks from Magazine Street, with proximity to the Central Business District, institutions, and commercial businesses. A private rear courtyard includes two exterior galleries, fencing, and parking for three standard or four compact automobiles.

Large windows on three sides provide daylight throughout the building, while the upper floors can accommodate commercial or residential layouts of varying sizes.

Key Highlights

  • 6,728‑square‑foot mixed‑use property with four levels
  • Greek Revival/Italianate structure with original wood floors, windows, marble fireplaces, and wrought iron balcony
  • Private rear courtyard with two exterior galleries

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$99,172
Cap Rate
3.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,983,440 $2.0M
Cap Rate 7%
$1,416,743 $1.4M
Cap Rate 9%
$1,101,911 $1.1M
Market Conditions
NOI Build-Up for 6,728 SF
Gross rent
$153.4K $22.80/SF
− Vacancy
−$21.2K −$3.15/SF
EGI
$132.2K $19.65/SF
− OpEx
−$33.1K −$4.91/SF
NOI
$99.2K $14.74/SF
Area
New Orleans, LA
Vacancy
13.80%
Lease Rate
$22.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,983,440
Cap Rate 7%
$1,416,743
Cap Rate 9%
$1,101,911

Alternative Uses

Best Use
Office B
$1.42M
$1.24M – $1.65M (±1% cap)
NOI $99,172 @ 7.0% cap · market cap 3.97%
Second Best
Mixed Use
$1.30M
$1.14M – $1.51M (±1% cap)
NOI $90,828 @ 7.0% cap · market cap 3.64%
Theoretical Best
Office A
$1.71M
$1.50M – $2.00M (±1% cap)
NOI $119,702 @ 7.0% cap · market cap 4.80%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Waggonner & Ball Architects Architect

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Tanning Salon Locksmith Pet Store & Service Acupuncture

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

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,703
Businesses Nearby

Demographics for 70130, LA

14,521
Population
10,927
Households
1.3
Avg Household Size
38
Median Age
64%
College-Educated
92%
High-School Grad
2.1 sq mi
ZIP Area
6,915
Density / Sq Mi
$82,758
Median Household Income
$52,492
Median Earnings
$1,410
Median Rent
$529,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in New Orleans, LA

8.9% 2019
9.7% 2020
11.3% 2021
10.2% 2022
10.9% 2023
11.6% 2024
9.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Flexible commercial and residential configuration with courtyard parking, original architectural details, and central New Orleans access.
Where is this mixed-use property located?
The property is located at 2200 PRYTANIA Street New Orleans, LA.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: 6,728‑square‑foot mixed‑use property with four levels; Greek Revival/Italianate structure with original wood floors, windows, marble fireplaces, and wrought iron balcony; Private rear courtyard with two exterior galleries
More about this property
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