Overview

Description

Avison Young, as exclusive agent, is pleased to offer for sale the retail condominium located at 202 Canal Street (the “Unit”). The ground floor is at the base of a 9-story office building and features approximately 150 feet of wraparound frontage along Canal
and Mulberry Streets, a highly trafficked area of Lower Manhattan. The Unit features 3,508+/- square feet at grade, 7,301+/- square feet of usable cellar and sub-cellar space and 4,419+/- square feet of second floor space for a total of 15,527+/- square feet.

Lower Manhattan - Manhattan - New York

Highlights

• Unmatched deposits ($247 MM), the second best performing ICBC in the country
• Corner location with 150 feet of frontage along Canal and Mulberry Streets
• Credit tenant (A-) in-place through 2028
• Cash-flowing asset on a NNN lease minimizes landlord responsibilities
• 3% annual escalations
• Sellable lower levels
• Bank vault on premises
• Proximity to N,Q,R,W,6,B,D,J,Z subway lines, all within a 10-minute or less walk from the Unit

Documents

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