273 Church Street, New York, NY 10013

16 Photos
 
$12,999,000 List Price
Off Market
 
Listing ID 10522458
Property Type Commercial Building
County New York
Neighborhood Tribeca
School New York City Schools
FEMA Flood Map fema.gov/portal
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For the first time in decades this 5-story, 25 ft wide building, located on the best block in the Church Street corridor of East Tribeca, will be DELIVERED VACANT. CURRENT BUILDING: 7800 sf + 1800 cellar (approx)The ground floor, with almost 12 ft ceilings, is prime for a new high-end retail or restaurant to take advantage of local foot traffic along Church Street. Comparables on the block leased for $250 per sf. The 2nd and 3rd floors have recently been white-boxed for office space, with new electrical, HVAC, and windows. The 4th and 5th floor duplex residential unit has 2 bedrooms and 2.5 bathrooms, 11 ft ceilings, and a rooftop terrace. It has been smartly renovated recently with new floors and bathrooms. The cellar is 1800 sf (not included in the sf) with over 8 ft ceilings. The commercial-grade elevator services the cellar up to the 5th floor. The building can be leased out from day 1 of ownership.CONCEPTUAL RENDERINGS: 10,050 sf (approx)The renderings depict a completely reimagined building with a mansion on the roof! This elegant mansion is approximately 3000 sf, spans the 5th, 6th, and 7th floors, and is terraced on each floor, including the master bedroom level on the top floor. The design creates a warm, private respite, while paying homage to the existing architectural elegance of the building. Contact your architect for further details and feasibility.Are you a business owner? The current setup, with recent renovations, is perfect to use the first 3 floors as retail/office space and move into the duplex in the upper floors. Looking for a development opportunity? The conceptual renderings present one potential way to make use of the remaining 3,342 sf of unused air rights. Each floor can be converted to a floor-through 2BR residential condo, due to the width of the building, allowing for 2BR condos on floors 2-4 and an elegant penthouse mansion on floors 5-7.Setup and renderings available upon request. Showings by appointment.
Property Details
  • 9 Full Baths
  • 1 Half Bath
  • 10050 SF
  • 5 Stories
  • Available 8/07/2019
Previously Listed By
Jared Antin
Elegran Real Estate and Development
Office: 212-738-9437
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