For Sale
$35,000,000

14 Vesey StNew York, NY 10007

Historic Financial District office building, value-add opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents 14 Vesey Street, a landmark five-story building in Manhattan's Financial District. Boasting approximately 33,819 square feet of gross above-grade space, this architecturally significant property, formerly the New York County Lawyers' Association Building, offers a substantial value-add potential. The building features varying ceiling heights ranging from 10 to 19 feet, providing flexibility for diverse uses. Zoned C5-3 and LM, it allows for versatile redevelopment options. Situated on a 7,583 square foot lot, the property also includes significant air rights totaling 79,926 square feet. Its prime location offers unparalleled access to multiple subway lines (A, C, J, Z, 2, 3, 4, and 5), and proximity to the World Trade Center ensures excellent connectivity and commercial vibrancy. Constructed in 1929, 14 Vesey Street represents a unique blend of historical significance, architectural beauty, and substantial development potential. The asking price is $35,000,000, translating to approximately $1,034.92 per square foot. This presents a rare chance to acquire a piece of Manhattan history with significant upside potential in a highly desirable location. The property is ideal for an owner/user seeking a unique and prestigious headquarters or a developer looking to capitalize on its significant air rights and versatile zoning.

Highlights

  • Prime Downtown Manhattan location.
  • Historic landmark building with architectural significance.
  • Substantial value-add potential.

Property Details for 14 Vesey St

Property type
Specialty properties, Schools
Square Feet
33,819 SF
Stories
5

Location Insight

City
New York
County
New York
State
New York
Latitude
40.711752389152
Longitude
-74.009453148274
14 Vesey St, New York, New York

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14 Vesey St
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