Property profile

1 Wall St B New York, NY 10005

OFF-MARKET
Retail space
Property ID
US63-4011622
184,469 SF Built 1930
Individually Owned Free & Clear
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Property summary

AI-generated overview

This exceptional offering presents two distinct retail condominium units totaling 7,500 square feet, located at the prestigious 1 Wall Street Court in New York City's Financial District. This highly coveted corner location boasts an impressive 200 feet of frontage, providing unparalleled visibility and accessibility. The property is situated at the strategic intersection of Wall Street, Pearl Street, and Beaver Street, placing it within the heart of a bustling commercial hub. Both units are currently delivered in a fully vacant condition, offering immediate occupancy and customization opportunities for prospective buyers. Each unit is individually available for purchase, or they can be acquired together as a single portfolio. A significant feature is the inclusion of a fully equipped kitchen with existing venting, adding versatility to potential uses. The building itself is architecturally significant, offering a unique and desirable setting for a variety of retail businesses. This presents a rare opportunity to acquire prime retail space in one of New York City's most iconic and high-traffic locations. The flexible acquisition options cater to a range of investment strategies, making this an attractive proposition for both individual and larger-scale investors.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1930
Total area 184,469 SF
Zoning code C5-5
APN 00023-1002
UPID US63-4011622

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Psychotherapist
  • Big Box & Wholesale Store Agricultural Supply
  • Media Distribution
  • Condominium Complex Real Estate Agency
  • Psychotherapist

Location

1 Wall St, Unit B New York, NY 10005-2500
New York metro Census 700 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$15.51M

Owner & transaction history

Zoning & alternative use

C5-5 · New York, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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