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434 Greenwich St
New York, NY 10013 Tribeca

$2,500,000 USD

Apartments Condo For Sale  •  5,500 SF

Property Details

  • Property Type Apartments
  • Total Building Size 31,527 SF
  • Lot Size 0.09 AC
  • Building Class C
  • Year Built 1920
  • Zoning M1-5
100 Transit Score
100 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit Commercial Office/Retail 5,500 SF $2,500,000 USD
  • Unit Size: 5,500 SF
  • Condo Use: Office/Retail
  • Price: $2,500,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $454.55 USD
Description
With 55.5 years remaining on the leasehold and the corner unit being delivered vacant, the Property presents owner occupiers with the rare opportunity for a presence of New York City’s most sought after neighborhood.

Sale Notes
RIPCO REAL ESTATE has been exclusively retained to market the leasehold position in the ground floor commercial space within the co-op building located at 434 GREENWICH STREET — TriBeCa, NY 10022 for sale (The ’Property’). 

The Property is situated on the southwest corner of Greenwich Street and Vestry Street, at the base of a luxury residential co-op building. The Property is in the heart of the North Tribeca Historic District on a prime corner in one of the country’s most expensive zip codes, and offers approximately 4,500sf of above grade space as well as 1,000sf of below grade space across two subdivided commercial spaces.

Description 

The property is located at Greenwich Street and Vestry Street in Manhattan’s Tribeca neighborhood. It occupies space in the ground floor and lower level of a residential co-op building. The location is within the North Tribeca Historic District and near various commercial and residential developments, cultural venues, and dining establishments. The area is accessible via multiple subway lines and major roadways and is within walking distance of Hudson River Park and Lower Manhattan’s business core.

Highlights

Currently ~73% vacant creating a value-add opportunity for an investor or user
Wrap around frontage along Greenwich Street and Vestry Street
There is 55.5 years remaining on the leasehold, allowing a new owner to capitalize on a long-term presence in Tribeca’s affluent “gold coast”
Situated on prime corner in one of the country’s most expensive zip codes & in proximity to many national & local retailers & notable art galleries

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Christopher St (Hoboken-33rd Street - Port Authority Trans-Hudson (PATH), Journal Square-33rd Street - Port Authority Trans-Hudson (PATH)) 4 min 15 min 0.8 mi
9 St (PATH) (Hoboken-33rd Street - Port Authority Trans-Hudson (PATH), Journal Square-33rd Street - Port Authority Trans-Hudson (PATH)) 5 min - 1.4 mi
Transit/SubwayDriveWalkDistance
Canal Street (1,2 Line) (1 - New York MTA Subway (The Subway), 2 - New York MTA Subway (The Subway)) 2 min 5 min 0.3 mi
Canal Street (A,C,E Line) (A - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway), E - New York MTA Subway (The Subway)) 3 min 7 min 0.3 mi
Franklin Street (1 - New York MTA Subway (The Subway), 2 - New York MTA Subway (The Subway)) 3 min 7 min 0.4 mi
Spring Street (A,C,E Line) (A - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway), E - New York MTA Subway (The Subway)) 3 min 9 min 0.5 mi
Chambers Street (A,C Line) (A - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway)) 3 min 12 min 0.6 mi
AirportDriveWalkDistance
LaGuardia 25 min - 10.7 mi
Newark Liberty International 19 min - 12.0 mi
John F Kennedy International 35 min - 18.8 mi
Stephen Preuss 718-663-2639 Ripco Real Estate
Stephen Preuss 718-663-2639 Ripco Real Estate