44 Exchange Pl, New York, NY 10004
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.
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midtownglobe events 44 exchange pl ny ny Nightclub Music Venue
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Rosetta Wines - Purveyors of Fine Wines & Spirits Specialty Food Shop Wine and Liquor Store
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Global live eye Newspaper & Magazine Television Studio
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.