273 Church Street $12,999,000


    273 Church Street New York, NY 10013

    • Commercial
    MLS# OLRS-0068520 | Active


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    Days On Market: 768 13 Views
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    Property Details

    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.

    • General Features
      • Sale Or Rent Building for Sale
      • Subdivision Tribeca
      • County New York
      • Ownership Mixed Use
      • Year Built 1910
    • Building Features
      • Air Conditioning Type Unknown Type
      • Air Conditioning Type1 Unknown Type
      • Block 175
      • Borough Manhattan
      • Building Access Walk-up
      • Age Pre-war
      • Type Low-Rise
      • Built Size 25'x75'
      • Elevator False
      • Amenities Roof Deck;
      • Courtyard False
      • Fitness Facility False
      • Garage False
      • Garden False
      • Green Building False
      • Laundry Room False
      • New Development False
      • Pool False
      • Number of Rooms 19
      • Terrace True
      • Roof Deck True
      • Floor Count 5
      • Number of Commercial Units 0
      • Number of Professional Units 0
      • Service Level Voice Intercom
      • Balcony False
      • Patio False
      • Private Garden False
    • Property Features
      • Lot Size 25'x75'


    Hugo Salazar

    Real Estate Broker, Owner

    RE/MAX Real Estate Professionals

    Office: 718-532-2000


    10013 (New York) Demographics

    37Median Age
    51,293Population Density (per sq. mile)
    66%College Educated
    $104,167 Estimated Median Income
    3,304Estimated Total Home Owners
    8,630Estimated Total Renters
    28% / 72%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    28,211Total Population
    Community data courtesy of LiveBy, Inc.

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        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $12,999,000
        12/4/2018 1:17:39 PM Price Reduced Source New Value: $12,999,000 -7.15%
        3/17/2017 7:39:00 PM New in Database Source New Value: $14,000,000

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