Owning your own office space in a desirable location offers business owners a wide range of benefits. These benefits include the ability to modify the space more liberally, as well as the ability to sublet space in their office to other businesses for additional income. This is not to leave out the added long-term benefit of financial appreciation. Tribeca is seen as one of the best neighborhoods in New York City, and in 2010, Tribeca was rated the safest neighborhood in New York City according to NYPD and CompStat statistics, As a rule, real estate in this neighborhood tends to appreciate, and is increasingly seen as a good investment by buyers around the world.
Located at 8-10 Warren Street in the coveted Tribeca neighborhood, this expansive 6,149-square-foot triplex condominium offers an unparalleled opportunity for commercial or mixed-use space within the luxurious Trinity Stewart Condominium, a prestigious 10-story building situated just 222 feet from City Hall Park and across from Broadway. Priced at $1,495,000, this unique property includes three levels: a ground floor of 1,897 square feet with soaring 20-foot ceilings, a lower level of 2,080 square feet with 10-foot ceilings, and a sub-cellar of 2,170 square feet with 9-foot ceilings. This layout provides vast flexibility, ideal for a range of business or residential applications. The unit, which is the only commercial space in the building, features its own private street entry, a dedicated elevator, and a dumbwaiter, enabling seamless vertical movement between floors. Additionally, residents and tenants have access to the building’s common roof deck, adding a touch of luxury and outdoor space to this distinguished property. This property is delivered vacant, with the current tenant’s option to renew still under consideration. With zoning that allows for various uses, including medical, dental, veterinary, retail, law offices, fitness studios, and even residential conversion, the space is adaptable for diverse needs. For those interested in converting this property to residential or a combined residential/commercial use, the neighboring similar unit, which has completed construction, serves as a valuable reference. This adjacent unit has obtained a Department of Buildings permit for residential conversion with innovative features like French doors leading to a small rear yard and terrace. However, potential buyers are advised to consult professionals, as there is no guarantee that similar permits can be obtained for this unit. The property’s real estate taxes for 2024-25 are estimated at $63,784.60 annually, with common charges totaling $32,506.32 per year. The unit’s pro-rata share represents 13% of the building, offering both exclusivity and significant ownership within the luxury building. Located in the Special Tribeca Mixed-Use District (C6-3A, C5-3), this condominium presents a remarkable opportunity for investors, developers, and business owners seeking a prestigious Tribeca address with a multitude of potential uses.
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.
Located in the heart of Tribeca, 22 Ericsson Place offers a rare investment opportunity with two contiguous retail condo units spanning a combined 6,024 square feet. This fully leased property generates a net income of $532,417 annually, with a cap rate exceeding 6%, making it an exceptional choice for a 1031 exchange. Priced at $7.5 million, this offering includes a long-term lease with a highly successful educational tenant, The Portfolio School, a well-established nursery school serving the community for over 25 years. The property features a desirable Tribeca location, easily accessible via multiple subway lines. It boasts 13-foot, 7-inch ceilings, providing an airy, open atmosphere suitable for a variety of commercial uses. The tenant is responsible for many charges, adding to the property’s appeal as a low-maintenance investment with secure, predictable income through 2033. With excellent proximity to the affluent Tribeca area and a stable, high-earning tenant in place, this condo unit is positioned as a lucrative investment. The newly reduced price further enhances its attractiveness, presenting investors with a unique chance to secure a valuable asset in one of Manhattan's most vibrant neighborhoods.
Configured as an open, adaptable first-floor commercial space, the layout currently contains no built private offices, conference rooms, or dedicated workstations, allowing full flexibility for a future owner’s program. The open-plan environment supports a wide range of uses, from showroom or gallery to creative studio, professional office, or hybrid retail-office concept. Street-level positioning and an unencumbered interior make the space especially well suited for owner-users seeking visibility, customization, and long-term control.
Presenting a unique investment opportunity at 158 Franklin Street, located in the heart of Tribeca's coveted South Historic District. This fully leased, 3,363-square-foot retail condominium offers a prime space within a six-story residential building, spanning both the ground floor and a sellable lower level. Currently occupied and providing immediate cash flow, this property is ideal for investors seeking long-term value in one of New York City’s most dynamic neighborhoods. Unit A comprises 1,706 square feet on the ground floor, while Unit B, at 1,657 square feet, occupies the lower level, accessible through an internal staircase and an elevator that connects through the residential lobby. The space also includes a small rear yard, adding a unique feature to this high-traffic location. Set between West Broadway and Hudson Street, 158 Franklin Street benefits from exceptional foot traffic and visibility, supported by a thriving retail and residential environment. The property is surrounded by some of Tribeca’s most iconic establishments, including the Greenwich Hotel, Bubby’s, Wolfgang’s Steakhouse, and the Roxy Hotel. This location also offers proximity to major corporate headquarters, such as BNY Mellon and Citigroup, as well as educational institutions like the Borough of Manhattan Community College, all of which contribute to a robust daytime and evening customer base. Positioned near multiple transportation options, including the Franklin Street subway station and the World Trade Center transit hub, the property ensures easy access for patrons and tenants alike. Zoned within a C6-3 district, this unit accommodates various commercial uses, enhancing its appeal for future end-users or as an enduring investment. Currently listed at $3,750,000, this property combines immediate income potential with future flexibility, providing a rare chance to secure a commercial foothold in Tribeca’s sought-after historic district.
Introducing a premier retail opportunity at 391 Broadway, located in the vibrant and highly sought-after area of Northern Tribeca in Manhattan. This exceptional 3,240-square-foot ground-floor retail condo, available for $3,750,000, offers a rare chance for investors or owner-users to secure a prime space in one of New York City’s most dynamic neighborhoods. Nestled within a six-story residential building, the property is surrounded by high-value loft apartments, which range from $3 to $7 million per unit, further enhancing the property’s appeal. This retail condo at 391 Broadway boasts several recent upgrades and modern enhancements, including a striking 14-foot ceiling height and exposed brick walls that infuse the space with a rustic, yet upscale aesthetic. The layout is thoughtfully designed to accommodate a variety of retail or showroom uses, with a 1,200-square-foot finished lower-level space accessible via an internal staircase, providing additional room for storage, office space, or expanded retail display. As seen in the photos, the store is adorned with chic, urban interior decor and vibrant floral displays, creating an inviting atmosphere for customers. The exposed brick adds character and warmth, perfectly complementing the upscale, artisan displays that line the walls, which can inspire a similar retail setup for the new owner. The space is ready for immediate use, with high-quality lighting, polished wood flooring, and large front-facing windows that allow ample natural light to fill the area, enhancing visibility and creating an engaging street presence. Situated just steps away from acclaimed restaurants, boutique shops, art galleries, Canal Street, and the Franklin Street subway station, this location offers unparalleled foot traffic and accessibility. It’s also within minutes of cultural attractions like the New Museum and Columbus Park, making it a magnet for both locals and tourists. 391 Broadway is not just a property; it’s an investment in Manhattan’s thriving retail landscape. With its modern upgrades, high ceilings, finished lower level, and prime location amidst Northern Tribeca’s residential and commercial hubs, this retail condo is an unmatched opportunity to own a piece of New York City’s iconic retail scene.
Presenting a rare investment opportunity in the heart of Tribeca, this 2,700-square-foot retail condo occupies a prominent corner location within a luxury high-rise, offering prime visibility and accessibility in one of New York City’s most prestigious neighborhoods. Located on the first floor, this fully leased retail space is 100% occupied with long-term tenants, ensuring immediate and steady cash flow for the prospective buyer. With an attractive cap rate of 6.3%, this property offers solid returns enhanced by annual rental increases, making it a strong choice for investors seeking long-term stability in a highly desirable area. The high foot traffic of Tribeca, combined with the affluence of the surrounding neighborhood, adds further value, positioning this retail condo as a high-demand asset. Surrounded by high-end residences, upscale boutiques, dining establishments, and cultural landmarks, this property benefits from the vibrant atmosphere that characterizes Tribeca. This condo offers a blend of luxury, security, and income-generating potential, presenting a compelling investment with growth potential in a continually sought-after area of Manhattan.
Located at 105 Hudson Street in the heart of Tribeca, this rare 1,306-square-foot office condo presents a unique opportunity for commercial use in one of New York City's most desirable neighborhoods. Priced at $950,000, this fourth-floor space includes two adjacent units—404 and 405—previously owned by a production company and configured as a photo studio and private screening room. The units are connected by a stylish spiral staircase, with the lower level featuring an 809-square-foot south-facing photo studio, and the upper level offering a 497-square-foot private screening room complete with a bar. This layout is ideal for creative businesses or private offices looking for a versatile, well-lit space with plenty of character. With upgraded electrical and plumbing, and a sink in the upper unit, there’s also the potential to add a pantry for added convenience. The condo’s maintenance fee is $4,369.41 per month, and the building’s prime location, just a block from the Franklin Street subway stop, ensures easy access and high desirability. Built in 1920 and renovated in 1980, the property combines historic charm with modern functionality, offering a sophisticated setting for creative work. Currently, we are offering a one-year maintenance credit valued at $52,428 for any deal closed by the end of the year, making this an exceptional opportunity for investors and business owners alike.
Located in the vibrant City Hall neighborhood, this turn-key commercial condo offers a prime investment opportunity for medical or professional use. With a total of 1,003 square feet, this office space sits on the third floor of a seven-story building that dates back to 1910. It’s situated in a bustling area surrounded by the cultural energy of Chinatown, SoHo, TriBeCa, and the Lower East Side, making it an ideal choice for practitioners or professionals seeking a central and accessible location. As you enter, you’ll be welcomed into a spacious reception area that sets a professional tone for clients or patients. The suite includes four exam rooms, each designed with functionality in mind, offering ample space for consultations or treatments. Additionally, there is a generous amount of storage, perfect for medical supplies or essential office equipment, adding to the practicality of the space. The unit is also equipped with a private bathroom, enhancing convenience for both staff and visitors. This property offers proximity to excellent public transport links, located just two blocks away from the Canal Street and Centre Street subway stations. These stations provide easy access to the J, Z, N, Q, R, and 6 lines, making commuting simple for clients and staff alike. Currently available for sale at $1,300,000, this condo represents a rare find in a highly desirable area. There is an option to combine this sale with Suite 303, allowing for an expanded workspace of approximately 2,000 square feet to accommodate growing practices. Don’t miss this chance to own a well-situated, professionally equipped space in one of Manhattan's most dynamic neighborhoods—perfect for those ready to establish or expand their professional footprint in New York City.
Presenting a prime commercial condo available for sale in the heart of Manhattan’s bustling City Hall neighborhood. Unit 209 at 139 Centre Street is an ideal office space tailored for medical or dental practices, boasting a thoughtfully designed layout within a nine-story building rich with history, dating back to its original construction in 1911 and extensively renovated in 2008. This 948-square-foot space features high ceilings and a move-in-ready condition, making it a compelling choice for professionals looking to establish or expand their practice in a central, high-traffic area. Located in a vibrant part of the city that bridges Tribeca and Chinatown, this property is well-serviced by various public transport options. Tenants and clients will enjoy easy access to the 6, Q, R, N, W, J, M, Z, A, C, and E subway lines, making commutes straightforward and efficient. The building’s amenities further enhance its appeal, with 24/7 access, handicap accessibility, and the security of a high-standard central air conditioning system. Concierge services provide an additional level of professionalism and convenience for any office setup. This commercial condo offers a turnkey investment opportunity with significant foot traffic. With a monthly property tax of approximately $855, this unit not only presents a great investment but also ensures ease of operation in a prime location. Positioned at an asking price of $898,000, it is competitively placed for those looking to secure a strategic foothold in one of Manhattan’s most dynamic neighborhoods.
