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    FOR SALE
    Retail space

    158 Franklin St, New York, NY 10013

    3,363 SF
    Property ID
    US63-4142875
    Property summary
    AI-generated overview

    This exceptional retail condominium, located at 158 Franklin Street in the coveted Tribeca South Historic District, offers a compelling investment opportunity. The property encompasses 3,363 square feet across two units, situated on the ground and lower levels of a six-story residential building. Unit A, totaling 1,706 square feet, is located on the ground floor. Unit B, comprising 1,657 square feet, is on the lower level and is conveniently accessible via an internal staircase or an elevator through the residential lobby. The property features a small rear yard abutting Unit B. Benefitting from a fully leased status, this offering provides immediate cash flow. The location, between West Broadway and Hudson Street, ensures high foot traffic due to the dense residential and retail environment. Multiple transportation options provide convenient access. The property's skylit spaces and sellable lower level add to its significant appeal for both investors and potential end-users. This is a rare chance to acquire a prime retail space in one of Manhattan's most desirable neighborhoods.

    Property profile
    Verified
    Property type Retail space
    Total area 3,363 SF
    UPID US63-4142875
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Urban Archaeology (Bike/Boat/Book/etc) Store Hardware & Home Improvement
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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