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Grnd Floor - Unit COMM
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Retail
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1,700 SF
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$2,500,000 USD
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Unit Size: 1,700 SF
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Condo Use: Retail
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Price: $2,500,000 USD
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Sale Type: Investment or Owner User
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Price/SF: $1,470.59 USD
Description
Cushman & Wakefield has been exclusively retained to arrange the sale of 28 Ericsson Place, a retail condo located on the south side of Ericsson Place between Hudson Street and Varick Street in the TriBeCa neighborhood of Manhattan. The property spans approximately 1,700 gross square feet across a single floor.
TriBeCa is one of Manhattan’s most prestigious and sought-after neighborhoods, known for its historic architecture, cobblestone streets, and vibrant cultural scene. The area offers an exceptional blend of upscale residential living, high-end dining, boutique shopping, and world-class entertainment. Residents and visitors enjoy proximity to some of the city’s best restaurants, art galleries, luxury hotels, and premier fitness clubs. Furthermore, 28 Ericsson Place has convenient access to many forms of transportation, including an on-site commercial garage and the ACE, 123, NQRW, and 456 subway lines.
This is a notable opportunity that appeals to investors and users alike. For investors, 28 Ericsson Place offers the chance to acquire a rare retail asset in one of Manhattan’s most supply-constrained and stable markets. For users, the property offers a rare chance to establish a presence in a prestigious, high-traffic area. The space is well-suited for a variety of uses, including retail, high-end salon, fitness, health & wellness, etc. Its flexible layout and strong neighborhood amenities provide an ideal setting for businesses looking to serve both local residents and visitors.
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