Multi-family

Prime Investment Opportunity in Tribeca: 11-13 Hubert Street, New York, NY, 10013

Property Overview:

• Price: $19,995,000 ($9,997,500 per unit)
• Property Type: 2-Star Low-Rise Apartments
• Sale Type: Investment
• Location: Central Business District (CBD), Tribeca
• Units: 2 residential units
• Stories: 3
• Gross Building Area (GBA): 10,308 square feet
• Typical Floor Size: 4,909 square feet
• Number of Buildings: 1
• Units per Acre: 17/AC
• Class: C
• Market Segment: All
• Rent Type: Market

Key Features:

Exclusive Tribeca Location

This property is situated in one of Manhattan’s most sought-after neighborhoods, Tribeca, known for its blend of historic charm, luxury living, and vibrant community life. Its location in the Central Business District ensures strong tenant demand and proximity to downtown’s financial hubs and cultural landmarks.

Spacious Units

With only two expansive residential units spread across three stories, the property offers exclusivity and a premium living experience. Each unit benefits from significant square footage, making it ideal for luxury rentals or high-end owner-occupants.

Investment Potential

The property is listed as a Class C, low-rise apartment building with a GBA of 10,308 square feet. It is perfectly positioned for upgrades or redevelopment, allowing investors to capitalize on Tribeca’s high rental demand and robust property appreciation.

Efficient Building Layout

The typical floor size of 4,909 square feet provides versatility for interior configurations, whether maintaining its current structure or adapting it for new uses.

Conclusion:

11-13 Hubert Street is a rare investment opportunity in Manhattan’s prestigious Tribeca neighborhood. Its central location, spacious layout, and redevelopment potential make it a compelling choice for discerning investors looking to expand their portfolio in one of New York City’s most dynamic markets.