22-28 Ericsson Place Office
- 6,024 SQFT
- $8,500,000
Located at 22-28 Ericsson Place in the heart of Tribeca, this expansive 6,024-square-foot ground-floor commercial condo offers a rare opportunity in one of Manhattan’s most sought-after neighborhoods. Priced at $8,500,000, this office/retail space is ideally positioned within a 14-story building and is currently home to The Portfolio School, a renowned nursery school that has served Tribeca for over 25 years. The property is fully leased with a ten-year agreement in place until June 1, 2033, providing stable rental income for the foreseeable future.
The unit’s layout and infrastructure are optimized for accessibility and functionality. Situated near major subway lines, including the 1, 2, A, C, and E trains, the location ensures easy commutes for staff and visitors alike. The space features high ceilings, an open and flexible floor plan, and numerous rooms ideal for classrooms, meeting spaces, or versatile office use, catering to a range of commercial needs.
The current interior is thoughtfully designed with vibrant educational spaces filled with natural light, creating an inviting and inspiring environment for learning and development. This property also holds potential for future adaptation, suitable for other professional or retail uses if desired by future tenants.
Investors will appreciate the long-term lease stability, prime Tribeca location, and accessibility, making this property a promising addition to any portfolio. With high foot traffic, proximity to affluent residential areas, and a well-established tenant, this Tribeca condo is positioned as a secure, high-value asset in the New York City real estate market.
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