Tuesday March 19, 2024

Greenwich Street Office Space for Sale

Financial District

LISTING DETAILS FOR Greenwich Street Office Space for Sale

Unit Size 43564 SQ. FT
Type Sale
Price CALL FOR PRICING

DESCRIPTION

Located at the prime location of southwest corner of Greenwich and Rector Streets in Lower Manhattan, an expansive commercial condo is now available for sale. This Lower Manhattan Office Condo is divided over three floors of space with a total size of 43,564 SF. The condo includes the Lower Level, Ground Floor, and the Entire 2nd Floor.

The second floor of the office condo features ten private offices along the perimeter of the building, overlooking Washington Street. There are also eight breakout rooms that can be used as private offices instead. The remaining space is dedicated to support staff areas, including a reception desk and a large open work area.

The ground floor has two separate entrances along Rector and Greenwich Streets. The larger unit offers 1,943 SF of space, with outstanding frontage along two sides of the building. The other unit offers 1,132 SF of commercial space. Each of the two units offers direct access via dedicated elevators with the addition of staircases in the larger ground floor space.

The lower level runs from north to south along Greenwich Street and is partitioned into a number of areas and private offices. The space also has an open layout with access to both stairs and an elevator. Staff restrooms can also be found here.

This large Art Deco style commercial property has efficient floor plates with high ceilings and three sides of full-length ceiling windows. The building property is centrally located downtown, surrounded by the Financial District and TriBeCa.

With 25 feet of frontage on Greenwich Street, this prime location provides retailers with excellent visibility. The tower was built in 1929 and renovated into luxury residences in 2007. The available office condo was formerly occupied by The 9/11 Tribute Center who occupied 32,000 square feet at the property, including the entire second floor with an entrance on the first.

This unique building-within-a-building has a prominent entrance on Greenwich Street and an additional separate entrance and dedicated elevator on Rector Street. It offers modern infrastructure and a dedicated elevator. The building also has excellent access to transportation and is near ten different subway lines.

The available office condo at 88 Greenwich St Second Floor Space is a rare opportunity for a museum, foundation, medical practitioner, or business to own their space in the heart of Lower Manhattan and adjacent to the WTC Site.

Size:

  • Entire 2nd Floor: 33,649 RSF
  • Ground Floor: 3,075 RSF
  • Lower Level: 6,840 RSF
  • Total: 43,564 RSF

Price: $25,000,000

Common Charges: $181,076 ($4.16/RSF)

Real Estate Taxes: $388,528 ($8.92/RSF)

Features:

  • Class A-Building Multifamily (Condo)
  • Large Commercial Condo Space for User or Investor
  • 13-foot ceilings on the 2nd floor
  • Private ground floor lobby with a ceiling height of 17′
  • (2) Separate Dedicated Entrances
  • Efficient floor plates with high ceilings and three sides of floor-to-ceiling windows
  • Modern infrastructure and a dedicated elevator
  • Tremendous signage opportunity
  • Adjacent to the WTC Site

Transit/Subway:

  • Rector Street – New York MTA Subway
  • N, R, 1 (just 3 min walk 0.1 mi)
  • Broad Street
  • J, M, Z (6 min walk 0.1 mi)
  • Wall Street
  • 4, 5 (5 min walk 0.2 mi)
  • Bowling Green
  • 4, 5 (6 min walk 0)
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