Property profile

28 Liberty St New York, NY 10005

FOR LEASE
Office buildings
Property ID
US63-2128115
2,224,200 SF 2.58 ac lot Built 1963
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

28 Liberty Street presents a unique opportunity for retail tenants seeking prime space in the heart of New York County. This multi-tenant commercial property boasts a total of 52,379 square feet, currently entirely vacant and available for lease. The flexible layout allows for a variety of uses, accommodating businesses requiring anywhere from a minimum of 956 square feet to a maximum contiguous space of 35,553 square feet. Three separate spaces are available, offering significant potential for individual businesses or a synergistic multi-tenant arrangement. The property's location at 28 Liberty Street places it within easy reach of significant pedestrian and vehicular traffic, ensuring high visibility and accessibility for your business. This is an exceptional chance to establish a strong presence in a vibrant and densely populated area of New York City. The entire building is available for lease, providing a rare opportunity for a single tenant to occupy the entire space, or multiple tenants can occupy individual units. The property's size and layout offer considerable flexibility to accommodate a wide range of retail concepts. Given the current vacancy, immediate occupancy is possible, allowing for a swift and efficient start to your business operations. This is a truly exceptional opportunity to secure a prominent retail location in one of New York City's most dynamic neighborhoods. Contact us today to learn more about leasing options and to schedule a viewing.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1963
Total area 2,224,200 SF
Lot 2.58 ac (112,559 SF)
Zoning code C5-5
APN 00044-0001
UPID US63-2128115

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
  • Law Firm
  • Law Firm
  • Law Firm
  • Government Office
  • Government Office

Location

28 Liberty St New York, NY 10005
New York metro Census 700 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$27.58M
CAP Approach CAP
by Request
Comparable Approach Comparable
$34.33M
Blend (final) Blend
$27.58M

Owner & transaction history

since 2024
Last sale
$27.6M
7 recorded transactions
2025
Price N/A
2024
$27.6M
2021
Price N/A
2019
Price N/A
2017
Price N/A
2013
$725.0M
1969
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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