326-332 Canal Street Retail, Manhattan, NY 10013

TriBeCa, Manhattan, New York 11013

Listing ID Number

25409

Property Description

Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of a vacant retail condo at 326-332 Canal Street, located on Canal Street block-through to Lispenard between Church Street and Broadway, The condo is approximately 4,853 on grade, with 5,883 SF in the lower level. The condo features over 50’ of frontage on Canal Street and Lispenard Street. The condo is currently configured into two separate spaces, but allows for flexible repositioning with added entrances on Lispenard Street as well as Canal Street. The spaces contain a new HVAC system, exposed bricks, hardwood floors, and over 16’ of ground floor ceiling heights. The property is steps from the N, Q, R, 6, J, Z subway lines, servicing over 41,457 employees within a quarter of a mile of the property. Neighboring properties include Hotel Azure, The Mondrian Hotel, a dozen newly-developed high-end condominiums, and retailers of all types. In summary, 326-332 Canal Street represents a rare retail repositioning opportunity in a high density location located in one of the most exciting emerging submarkets in NYC

Overview

Building Type:Commercial Condo/Co-op

Documents

Contact

For further information or inspection, please contact Exclusive Agents:

Guillermo Suarez
Licensed Real Estate Salesperson
(212) 660 7753
will.suarez@cushwake.com

Maurice Suede
Director
(212) 589 5131
maurice.suede@cushwake.com

Sean Rucker
Senior Associate
(212) 589 5113
sean.rucker@cushwake.com


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Property Map


Aerial View


The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.