Property summary
This exceptional 2,216-square-foot retail condominium at 44 Exchange Place in New York City's Financial District presents a compelling investment opportunity. Currently leased to Rosetta Wines & Liquors until May 2033, this ground-level storefront offers predictable cash flow with built-in annual rent escalations. The tenant is responsible for utilities and real estate taxes above the 2020/2022 base year, minimizing landlord responsibilities. Located in a vibrant submarket, the property benefits from its proximity to major transportation hubs, including the Rector Street, Wall Street, and Broad Street subway stations (less than a four-minute walk). The property's prestigious location is further enhanced by its proximity to high-end retailers such as Hermes, Tiffany & Co., and Cipriani. The asking price is $1,500,000, translating to $676.90 per square foot. This single-unit property (APN 25-1002) offers a stable, low-maintenance investment with significant upside potential in a prime Manhattan location. The property's strong tenant and desirable location make it an ideal addition to any investment portfolio.
Property profile
VerifiedCap rate & NOI
Current use
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Nightclub Music Venue
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Specialty Food Shop Wine and Liquor Store
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Newspaper & Magazine Television Studio
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning