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For Sale - Manhattan - TriBeCa

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Property Details:

Price: Submit Best Offer

Estimated Annual Income: $0

Property Type: Other

Lot Dimensions (ft): 25.33 x 76.0

Lot Area: 1,917 sq. ft.

Building Dimensions (ft): 25.33 x 76.0

Building Area: 11 sq. ft.


Block/Lot: 00124/0009

BIN: 1001402

Building Class: K9

Stories: 5

Total Units: 1

Corner Lot: No

Buildings on Lot: 1

Year Built: 1915

Landmark: none

Has Garage: no

Year Last Altered: n/a

Residential Units: 0

Residential Area: 0 sq. ft.

Zoning: C6-4

Floor Area Ratio:

Max FAR: 10.0

Useable Floor Area: 12,000 sq. ft.

FAR as Built: 6.26


Neighborhood: TriBeCa

Historic District: n/a

Community District: 101

School District: 2

Census Tract: 21

21 Park Place

Highcap Group has been retained by the owner to sell the 100% fee interest in 21 Park Place, New York, NY The Property is a five (5) story ±11,500 sf commercial property located in Tribeca between Church Street and Broadway down the block from heavily trafficked City Hall Park, in the Lower Manhattan Special Purpose District. Zoned C6-4, the 25’ x 76’ lot has an existing FAR of 10 which can be boosted up to a 12 FAR with a 20% IH bonus. Built in 1915, it is fully occupied by an outdoor equipment and adventure store in business since 1956 and at its present location since 1972. This represents the building’s first sale in over 45 years and will be delivered vacant. Each floor including the basement has selling space plus additional storage/mezzanine areas. The building is a great opportunity for a user/investor or developer to acquire a unique asset in one of the busiest sections of downtown Manhattan. It is located near City Hall, the 9/11 Memorial, Pace University, NY Presbyterian Hospital and multiple subway/bus lines.