158 Franklin St Office,Retail Space
- 3,363 SQFT
- $3,750,000
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.
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