158 Franklin St, New York, NY 10013
For Sale
1 / 2
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.
-
Urban Archaeology (Bike/Boat/Book/etc) Store Hardware & Home Improvement
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.