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Investment Highlights

  • Can be delivered vacant, option for tenant to renew is in play.

Executive Summary

Built in 1860 and renovated in 2007. This property is zoned C6.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 1W
  • 6,149 SF
  • Office/Retail
  • $2,999,999 ($487.88/SF)
  • -
Sale Type Investment or Owner User
Sale Status Under Contract
Description
Available for lease $25,000 per month

This Ground Floor + Cellar + sub-Cellar Condominium Unit may be used for Retail (current use), Office, Medical, Veterinary, or other commercial uses an has Residential Redevelopment potential. See Property Description Box Below.

THE BUILDING: Luxury 10-story + two sub-grade stories, condominium building known as The Trinity Stewart Condominium, located on Warren Street, just steps west of Broadway and City Hall. There is one private parking space in 1E.

THE UNIT: Subject Unit is the triplex Commercial Unit with retail entrance at 10 Warren St., a high-ceiling retail Ground Floor store, plus high ceiling finished cellar offices with 2 lavatories plus a semi-finished sub-cellar currently used for storage, private elevator, private entrance, small rear yard, dumbwaiter and other features. Giant rear skylight and multiple rear windows can be re-opened and the small rear courtyard used.
Sale Notes
NYC 2024-25 Real Estate Taxes: $64,808.36 (5,400.70 mo.)
Tax ID: Manhattan Block: 135; Lot: 1301 Commercial Unit
Common Charges: $38,620.80 p.a. (3,218.40 mo.)
Subject Unit is 13.0% of building pro-rata

Triplex Condominium Unit 6,149 Sq. Ft. in the Trinity Stewart Condominium, a luxury 10-story building, 222 feet west of City Hall Park, across Broadway. The subject unit includes: GF: 1,897.45 sq. ft. (20’ ceiling), LL: 2,080.86 sq. ft. (10’ ceiling), Sub-Cellar: 2,170.48 sq. ft. (9’ ceiling), private street entry, private elevator, dumbwaiter. There is a building Common Roof Deck. The unit is the only Commercial Unit in the building and it is suitable for conversion to residential or combined residential / commercial uses. Examples: 3,900 sq. ft. duplex residence with 2,000 sq. ft. Medical or Dental office served by a separate street entrance and elevator. Possible uses: Dental, Accounting, Veterinary, Law, School, Gym, Retail, Lobbyist, Government. Delivered Vacant. Zoning: Special Tribeca Mixed Use District, C6-3A, C5-3. The property is currently occupied by The Fountain Pen Hospital. Important note for Residential Conversion Developer/Builders: the adjoining similar unit is completing construction now and can be toured. It has a DOB permit for a sub-cellar (Master Bedroom, etc.) and cellar (Living room, etc.), residential use along with a private in-unit garage and curb cut. The grade level at the rear of the building allows is approx. at the floor level of the sub-cellar and the builder of the adjoining unit has installed French Doors onto the small rear yard (bottom level) and terrace (middle level). There is no guarantee a similar permit can be obtained for the subject unit. Purchasers must consult their professional advisors.
Unit Unit Size Condo Use Price NOI
Unit 1W 6,149 SF Office/Retail $2,999,999 ($487.88/SF) -

Unit 1W

Unit Size
6,149 SF
Condo Use
Office/Retail
Price
$2,999,999 ($487.88/SF)
NOI
-

Unit 1W

Unit Size 6,149 SF
Condo Use Office/Retail
Price $2,999,999 ($487.88/SF)
NOI -
Sale Type Investment or Owner User
Sale Status Under Contract
Description
Available for lease $25,000 per month<br> <br> This Ground Floor + Cellar + sub-Cellar Condominium Unit may be used for Retail (current use), Office, Medical, Veterinary, or other commercial uses an has Residential Redevelopment potential. See Property Description Box Below.<br> <br> THE BUILDING: Luxury 10-story + two sub-grade stories, condominium building known as The Trinity Stewart Condominium, located on Warren Street, just steps west of Broadway and City Hall. There is one private parking space in 1E.<br> <br> THE UNIT: Subject Unit is the triplex Commercial Unit with retail entrance at 10 Warren St., a high-ceiling retail Ground Floor store, plus high ceiling finished cellar offices with 2 lavatories plus a semi-finished sub-cellar currently used for storage, private elevator, private entrance, small rear yard, dumbwaiter and other features. Giant rear skylight and multiple rear windows can be re-opened and the small rear courtyard used.</li></ul>
Sale Notes
NYC 2024-25 Real Estate Taxes: $64,808.36 (5,400.70 mo.)<br> Tax ID: Manhattan Block: 135; Lot: 1301 Commercial Unit <br> Common Charges: $38,620.80 p.a. (3,218.40 mo.) <br> Subject Unit is 13.0% of building pro-rata<br> <br> Triplex Condominium Unit 6,149 Sq. Ft. in the Trinity Stewart Condominium, a luxury 10-story building, 222 feet west of City Hall Park, across Broadway. The subject unit includes: GF: 1,897.45 sq. ft. (20’ ceiling), LL: 2,080.86 sq. ft. (10’ ceiling), Sub-Cellar: 2,170.48 sq. ft. (9’ ceiling), private street entry, private elevator, dumbwaiter. There is a building Common Roof Deck. The unit is the only Commercial Unit in the building and it is suitable for conversion to residential or combined residential / commercial uses. Examples: 3,900 sq. ft. duplex residence with 2,000 sq. ft. Medical or Dental office served by a separate street entrance and elevator. Possible uses: Dental, Accounting, Veterinary, Law, School, Gym, Retail, Lobbyist, Government. Delivered Vacant. Zoning: Special Tribeca Mixed Use District, C6-3A, C5-3. The property is currently occupied by The Fountain Pen Hospital. Important note for Residential Conversion Developer/Builders: the adjoining similar unit is completing construction now and can be toured. It has a DOB permit for a sub-cellar (Master Bedroom, etc.) and cellar (Living room, etc.), residential use along with a private in-unit garage and curb cut. The grade level at the rear of the building allows is approx. at the floor level of the sub-cellar and the builder of the adjoining unit has installed French Doors onto the small rear yard (bottom level) and terrace (middle level). There is no guarantee a similar permit can be obtained for the subject unit. Purchasers must consult their professional advisors.</li></ul>

Property Facts Under Contract

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 46,910 SF
Property Type Multifamily (Condo)
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Building Class C
Floors 10
Typical Floor Size 4,691 SF
Year Built 1860
Lot Size 0.12 AC
Zoning C6-3A - Conforming Commercial and Residential District plus Tribeca Special Mixed Use District ("Loft Law") allows great flexibility.

Amenities

Site Amenities

  • 24 Hour Access
  • Elevator

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 14 - -
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100
  • Listing ID: 31114683

  • Date on Market: 3/4/2024

  • Last Updated:

  • Address: 10 Warren St, New York, NY 10007

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