121 Reade StNew York, NY 10013

Property Details for 121 Reade St

Year built

1997

Lot size

0.33 AC

Property size (Sq ft)

144,568 SF

Zone code

C63A

Property type

Retail residential properties

APN

00140-0005

APU

1400005

Description

This exceptional retail space, located at 121 Reade Street in the heart of Tribeca, New York, NY 10013, offers a unique opportunity for a discerning tenant. The property boasts a total of 3,400 square feet, encompassing a single, expansive suite currently available for lease. The entire building is dedicated to this retail space, providing excellent visibility and branding opportunities. Situated in New York County, this location benefits from high foot traffic and proximity to a vibrant and affluent community. The address, 121 Reade Street, places the property within easy reach of numerous businesses, residential areas, and public transportation, ensuring maximum exposure and accessibility for your business. The property is classified as a commercial retail space with multiple tenancy potential, although currently only one suite is available. This presents a rare chance to secure a substantial, high-profile retail presence in one of Manhattan's most coveted neighborhoods. The property's size and location make it ideal for a wide range of retail concepts, from flagship stores to unique boutiques. Interested parties are encouraged to inquire further to explore the possibilities this exceptional Tribeca property offers. The property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $29,637,746

  6.5%

  $27,357,920

  7%

  $25,403,782

• Comparable approach

  Method

  Valuation

  Relative Method

  $29,278,346

  Geo Method

  $29,278,346

• Alternative Use

  Use

  Valuation

  Residential

  $27,357,920

  Hospitality

  $25,059,708

  Educational

  $20,849,382

  Medical

  $21,566,424

  Retail

  $32,432,372

Location Insight

City

New York

County

New York

State

New York

Latitude

40.7161

Longitude

-74.0096

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].