It's no secret that Tribeca is thriving. The neighborhood's desirability as a commercial location is backed by many positive aspects: its reputation for creative growth, its affluent populace, its proximity to the Holland Tunnel and various transit lines, etc. The neighborhood is famous for its beautifully-converted pre-war loft buildings, with their high ceilings and oftentimes exquisite detail.
Once upon a time, many of these unique spaces played home to various aspects of the cotton/textile industry. Nowadays, they can be easily modified to suit the needs of various businesses, as the neighborhood plays home to retailers, restaurants, offices, and medical practitioners. The neighborhood also offers plenty of new construction. Whether you are looking to expand, or you are just now looking to join the neighborhood and its thriving business community, we have the resources necessary to get you the best deal on the perfect space. From storefronts to medical practices to entire buildings, our database is updated to-the-minute to include any and all new listings and even below-market opportunities.
Though other U.S. cities certainly compete, NYC remains the priciest commercial real estate market in the United States. Companies generally prefer to invest capital in their business operations rather than real estate, and as a result, most office space, is available for rent rather than purchase.
We consider it our job to get to know you and your business in order to match you with the greatest variety of options to suit your business's needs, pricing parameters, and personal tastes. Our primary concern is our client's satisfaction. Once we have worked together to find the right property match, the brokers at Tribeca Real Estate will play your advocate throughout the ongoing dealings to ensure that our client gets the best deal.
Tribeca commercial real estate is divided into three major markets. Tribeca space in these areas is classified as Class A, Class B and Class C buildings, with fewer Class A and more Class B and C property located in Tribeca.
Class A Buildings feature:
• Lobbies that are attended 24/7
• Cleaning services included in the base rent
• Property management on premises
• A high level of capital improvements
• Air conditioned lobbies and common areas
• Advanced fire alarm and security systems
Class B Buildings feature:
• A high level of capital improvements
• Air conditioned lobbies and common areas
• Advanced fire alarm and security systems
• Fewer upscale lobbies attended 24/7 and fewer common areas
• Limited free cleaning services (with the exception of Downtown Manhattan)
Class C Buildings feature:
• Former warehouse or manufacturing space converted to business offices
• Functional lobbies
• The most affordability in Manhattan
For more real estate information on Tribeca or investing in Tribeca space, please contact a Tribeca Real Estate broker using the information on our contacts page.
