For Sale
$3,750,000

158 Franklin StNew York, NY 10013

3,363 SF, 2 Units, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
97
This exceptional retail condominium, located at 158 Franklin Street in the coveted Tribeca South Historic District, offers a compelling investment opportunity. The property encompasses 3,363 square feet across two units, situated on the ground and lower levels of a six-story residential building. Unit A, totaling 1,706 square feet, is located on the ground floor. Unit B, comprising 1,657 square feet, is on the lower level and is conveniently accessible via an internal staircase or an elevator through the residential lobby. The property features a small rear yard abutting Unit B. Benefitting from a fully leased status, this offering provides immediate cash flow. The location, between West Broadway and Hudson Street, ensures high foot traffic due to the dense residential and retail environment. Multiple transportation options provide convenient access. The property's skylit spaces and sellable lower level add to its significant appeal for both investors and potential end-users. This is a rare chance to acquire a prime retail space in one of Manhattan's most desirable neighborhoods.

Highlights

  • High foot traffic location in dense residential and retail area.
  • Lower level space available for sale, accessible via internal stairs and elevator.
  • Currently leased, generating immediate cash flow.
  • Investment opportunity with potential for future owner-occupancy.
  • Excellent accessibility via multiple transportation modes.
  • Situated in the desirable Tribeca South Historic District.

Property Details for 158 Franklin St

Property type
Other retail properties, Individual retail properties
Square Feet
3,363 SF
Units
2

Location Insight

City
New York
County
New York
State
New York
Latitude
40.7194446
Longitude
-74.0081067
158 Franklin St, New York, New York

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158 Franklin St
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