70 Broad StNew York, NY 10004

For Sale
Call for price

Historic Financial District building, 19,478 SF, 6 units.

Overview

Added:
Dec 11, 2024
Days on market:
97
This exceptional bankruptcy sale presents a rare opportunity to acquire a historic, five-story, 19,478-square-foot mixed-use building in Manhattan's Financial District. Located at 70 Broad Street, this corner property boasts a full blockfront along the west side of Broad Street, between Beaver Street and Marketfield Street. Built in 1908 and renovated in 2008, the building features a private elevator servicing three residential floors (3rd, 4th, and 5th) and three commercial/office floors (1st, 2nd, and lower level). The flexible C5-5 zoning permits a variety of uses, including office, residential, retail, hotel, or social club. Currently vacant, this property offers significant upside potential for a savvy investor. The 3,060 square foot lot sits within the Special Lower Manhattan District (LM), benefiting from initiatives designed to enhance the area's vitality. An assumable loan is available to qualified buyers at an attractive 4.169% interest rate. The property is being sold as part of a bankruptcy proceeding, with a bid deadline of Friday, December 6th, 2024, at 5:00 PM ET, and an auction date of December 13th, 2024, at 11:00 AM ET. Subject to Bankruptcy Court Approval.

Highlights

  • Bankruptcy sale of a historic, five-story, 19,478-square-foot mixed-use building in Manhattan's Financial District.
  • Corner location at 70 Broad Street with full blockfront.
  • 1908 construction, renovated in 2008, featuring a private elevator and flexible C5-5 zoning.
  • Currently vacant, offering significant upside potential.
  • 3,060-square-foot lot in the Special Lower Manhattan District (LM).
  • Assumable loan available at 4.169% interest.

Property Details for 70 Broad St

Property type
Other mixed-use properties, Mixed-use properties
Square Feet
19,478 SF
Year Built/Renovated
1908/2008
Buildings
1
Stories
5
Units
6

Location Insight

City
New York
County
New York
State
New York
Latitude
40.7047914
Longitude
-74.0117654
70 Broad St, New York, New York

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
70 Broad St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message