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Exclusive Investment Opportunity – 137-141 Duane Street, Tribeca

Address: 137-141 Duane Street, New York, NY, 10013
Price: $8,000,000
Sale Type: Investment or Owner-User
Type: 3-Star Mid-Rise Apartments Condo

Property Overview:

Located in the heart of Tribeca, 137-141 Duane Street offers a rare investment opportunity in one of Manhattan’s most prestigious and high-demand neighborhoods. This 5-story, 19-unit mid-rise apartment building spans 69,635 SF and presents significant rental income potential or the option for an owner-user looking to establish a presence in one of NYC’s most desirable districts.

Key Features:

Prime Tribeca Location:

• Situated in Tribeca, one of NYC’s most sought-after residential and commercial areas.
• Steps from City Hall Park, One World Trade Center, and upscale retail, dining, and entertainment venues.
• Surrounded by luxury residences, boutique hotels, and high-end office spaces, attracting affluent professionals and tenants.

Strong Investment Potential:

• 19 residential units in a high-demand rental market with consistent occupancy rates.
• Versatile property suited for long-term rental income, boutique condominiums, or luxury residential conversions.
• Stable asset with growth potential, offering attractive long-term returns for investors.

Building Specifications:

• 5 stories with 19 residential units, offering multi-family investment opportunities.
• Gross Building Area (GBA): 69,635 SF, with a typical floor size of 12,950 SF.
• Class C property, allowing for value-add renovations and potential for increased rental income.

Excellent Transit Access:

• Steps from major subway lines (1, 2, 3, A, C, E, R, W, J, Z, 6), ensuring easy access for residents and businesses.
• Close to Chambers Street, World Trade Center, and Fulton Street transit hubs, providing seamless commuting options.

Luxury Market & High-Demand Neighborhood:

• Tribeca is home to celebrities, financial executives, and high-income tenants, ensuring strong rental demand.
• Ideal for investors looking for stable rental income or an owner-user seeking a prime location for a business headquarters or boutique residential conversion.

Highlights:

✔ 19-unit mid-rise apartment condo in Tribeca
✔ $8,000,000 sale price with strong rental income potential
✔ Premium location with luxury residential and commercial surroundings
✔ Surrounded by high-end dining, entertainment, and corporate offices
✔ Convenient transit access, steps from subway lines and major business districts

Conclusion:

137-141 Duane Street presents a rare opportunity for investors or owner-users seeking a high-value asset in one of Manhattan’s most exclusive neighborhoods. With a prime Tribeca location, a high-income tenant base, and strong long-term appreciation potential, this property is perfect for investors looking for stable returns or developers considering luxury residential conversion.

Contact us today to schedule a private tour and secure this premium investment property!