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Prime Tribeca Gut Renovated Mixed Use Building
55 Warren Street, New York, NY 10007
Last Verified 5/31/2011
Listing ID 15669936
Description
Excellent Investment Opportunity! Offered at a 5.83% projected CAP. 1854 Italianate Style Limestone Loft Building delivered gut renovated with very high end Italian finishes designed by Leopoldo Rosati. Includes two maisonettes that could be used as retail, medical or live/work. The ground floor features 16 ft ceilings and the lower level features 10 ft ceilings and private outdoor space. There are three full floor 3 to 4 bedroom homes (4400SF gross, 3627SF sellable) with private elevator access. The crown jewel is the 6000SF Duplex Penthouse with 4 bedrooms and 4.5 baths plus 2 large terraces and a private pool. Total Gross SF is ~33,000SF+. Sellable SF is ~24,036SF (including ~1,768SF private outdoor). The building includes a private gym with a skylight plus large private storage units. Prime Tribeca location just one block from the top-rated PS 234 elementary school as well as Whole Foods Market. The new Smyth Hotel (Thompson Hotels) is around the corner. Delivered finished in May 2011. Projected rent roll is $2,082,000 with projected expenses of $339,660 (including real estate taxes, management and super). Approved Condo Offering Plan, projected sellout is $40,750,000.
Prime Tribeca just off West Broadway one block to PS 234 and Whole Foods Market.
Map of 55 Warren Street, New York, NY 10007 (New York County)
Created 4/17/2008
Additional Information for 55 Warren Street, New York, NY 10007
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The information above has
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it and make no guarantee, warranty or representation about it. It is your responsibility to independently
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for example only and do not represent the current or future performance of the property. The value of
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