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TriBeCa Stable Retail Condo for Sale with Upside

$8,999,999

42 Lispenard Street, New York, NY 10013

Active
Last Updated: 02/06/2025

537,814

NOI

16,031 sqft

Building Size

Details:
NOI:    $537,814
Building Size:    16,031 sqft
Lot Area:    2,710 sqft
Occupancy:    100%
Class:    A
Year Built:    2017
Tenancy:    Multiple
Year Last Renovated:    2017
Construction Status:    Complete
Number of Elevators:    1
HVAC:    HVAC
Floor:    1
Restrooms:    5
CeilingHeight:    8
Investment Strategy:    Core
Description:

Beautiful and meticulously built retail showroom is up for sale on Tribeca's most alluring block. 4,400 ft is available at 42 Lispenard with in-place income of $600,000 per annum. The luxury space is housed by an international strong balance sheet retailer. The purchase of this commercial condo will provide a steady income for many years with significant upside upon lease expirations.

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Documents:
Title
42-Lispenard-Street.pdf
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Location
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