About This Restaurant
Investment Highlights
56,000 RSF Office & Retail Building. 70+ Year Family Ownership. 7,200 RSF Floor Plates. 70% Occupied with In Place Cash Flow. Significant Upside with Renovation & Lease Up. User & Conversion Potential.
Executive Summary
Incredibly rare opportunity to acquire a multigenerational commercial asset located in prime Lower Manhattan.
Property Details
- Sale Type Investment or Owner User
- Property Type Office
- Property Subtype Loft/Creative Space Loft/Creative Space General Retail Restaurant Office Medical Office Industrial Live Work Unit Loft/Creative Space
- Building Size 56,080
- Building Class B
- Year Built 1920
- Price 26,800,000
- Price Per SF 478
- Percent Leased 54
- Tenancy Multiple
- Building Height 7 Stories
- Typical Floor Size 6,529
- Slab To Slab 12?
- Building FAR 8.05
- Land Acres 0.16 AC
Amenities
- 24 Hour Access
Property Taxes
Parcel Number | 0204-0024 | Improvements Assessment | $616,500 |
Land Assessment | $3,124,140 | Total Assessment | $3,740,640 |
Date Created: | 2024-07-16 04:18:01 | Last Updated: | 2024-07-16 04:18:01 |
Address: | 41 Elizabeth St , New York, New York, 10013 |