Multi-family

Located at 55 Stone Street, New York, NY, 10004, this 2-star retail storefront with residential space presents an exceptional opportunity for both investors and owner-users. Priced at $14,950,000 (approximately $895.32/SF), the property is part of a portfolio and offers versatility in a highly desirable Central Business District (CBD) location.

Property Overview:

• Price: $14,950,000
• GLA: 7,008 SF
• Stories: 4
• Typical Floor Size: 1,752 SF
• Class: C
• Sale Type: Investment or Owner User

Key Features:

• Strategic CBD Location: Positioned in the vibrant Stone Street area, this property enjoys high visibility and foot traffic, making it ideal for retail or mixed-use development.
• Versatile Layout: With a gross leasable area of 7,008 SF across four stories, the building offers flexibility for retail operations on the ground floor and residential or office use on the upper levels.
• Investment or End-Use Potential: Suitable for those looking to occupy or lease out, the property aligns with diverse business and financial strategies.
• Classic Construction: The Class C building structure features enduring masonry construction, promising a solid foundation with room for potential enhancements.

Conclusion:

The property at 55 Stone Street provides an excellent opportunity to capitalize on a prominent NYC location. With its mixed-use potential and prime CBD address, it is a compelling choice for those looking to invest in or expand their presence in the Manhattan real estate market.