147 Duane Street

New York, NY

For Sale

$7,750,000

OVERVIEW

LOCATION:
147 Duane Street, New York, NY 10013

Neighborhood: Tribeca

Asset Type: Mixed Use

Square Feet: 6,200

Stories: 5

Residential Units: 4

Commercial Units: 1

 

Description

PRICE REDUCTION

 

Besen & Associates, as exclusive agent for ownership, is pleased to offer for sale 147 Duane Street, New York, NY 10013 (the “Property”). Built circa 1890 in the TriBeCa South Historic District, this fully renovated 5‐story, 6,200± SF mixed-use building contains four (4) free-market, full-floor apartments with keyed elevator access, 1,000± SF of occupied ground floor retail space, and an exclusive rooftop deck for the top floor tenant. The renovated 2-bedroom/1 bath residential loft-style units feature condo-like finishes including new washer/dryer, dishwasher, and high ceilings. The retail tenant, Glowbar, “TriBeCa’s skincare destination that offers customized, 30-minute treatments, including derma planning, LED therapy, high frequency facials, and more” recently signed a 7-year lease expiring in 2026.

 

The fully-renovated building is in excellent physical condition, has been very well maintained, and is located in one of Manhattan’s most expensive zip codes. The Property offers an opportunity for an investor to purchase a 100% occupied, cash-flowing asset in the heart of NYC’s famous TriBeCa neighborhood.

 

Nearby Transportation

The Property is located in the heart of TriBeCa between Church Street and West Broadway, just two blocks from the Chambers Street [1, 2, 3, & A, E] subway station.  The building is situated right off West Broadway, offering tremendous foot traffic, shops & restaurants.