Introducing 106 Duane Street, New York, NY 10007
Presenting an exceptional retail investment opportunity in the heart of Manhattan, 106 Duane Street is a spacious retail condominium now available for sale at $3,450,000 ($627.27 per sq. ft.). This Class C property offers significant potential for investors looking to establish a presence in the vibrant retail market of New York City’s Financial District.
Property Details:
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- Address: 106 Duane Street, New York, NY 10007
- Sale Price: $3,450,000 ($627.27/SF)
- Sale Type: Investment Retail
- Gross Leasable Area (GLA): 16,395 sq. ft.
- Typical Floor Area: 2,886 sq. ft.
- Class: C
- Building Height: 100 ft.
- Ceiling Height: 17′ 2″
- Docks: 1 exterior dock
- Construction: Masonry
Key Features:
- Prime Financial District Location
Positioned on Duane Street, this property benefits from its high-traffic location in Lower Manhattan, known for its mix of residential, commercial, and retail spaces. Its central location attracts both foot traffic and business clientele, making it a prime choice for a variety of retail uses.
- Expansive Retail Space
With a gross leasable area of 16,395 sq. ft. across multiple levels and a typical floor area of 2,886 sq. ft., this property offers a generous layout suitable for diverse retail formats. The high ceiling of 17′ 2″ adds an open and inviting feel, enhancing the property’s appeal to potential tenants and customers.
- Strategic Investment Opportunity
Priced at $3,450,000, this property presents an accessible entry point into a competitive market. The combination of its well-maintained masonry construction, high-traffic location, and flexible layout makes it an attractive option for investors seeking steady rental income and long-term value appreciation.
Conclusion:
106 Duane Street is a rare retail investment opportunity in New York City’s dynamic Financial District. With its strategic location, spacious interior, and attractive pricing, this property is ideal for investors aiming to capitalize on Manhattan’s robust retail market.
