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Highlights

  • Modern upgrades with new HVAC and advanced lighting throughout the property.
  • Expansive 13’7” ceiling heights enhancing natural light and open sightlines.
  • Located in Tribeca’s dynamic cultural and art district near galleries and fine dining.
  • Historic architectural details including restored cast-iron columns and stone façade.
  • Two separate entries on Franklin Street and Cortlandt Alley for improved access.

All Available Space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • Basement, Ground
  • 5,600 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Retail
  • Full Build-Out
  • 30 Days

The 2 spaces in this building must be leased together, for a total size of 5,600 SF (Contiguous Area):

Basement - 1,800 SF
Ground - 3,800 SF

Spectacular turn-key gallery available for lease. The ground floor recently underwent a stunning renovation overseen by Trimble Architecture, including façade renovation. Existing installation features an +/-715sf front gallery, +/-1,364sf main gallery, +/-324sf rear gallery/private viewing room, +/-382sf private viewing/conference room. Reception area with desk, office areas, pantry. Lower level provides art handling and storage areas, two private restrooms. The space features new HVAC, extensive state-of-the-art lighting. Plywood-backed walls. Approx. 13’7” ceilings throughout. Entrances on Franklin Street and Cortlandt Alley. Neighbors include Jack Shainman, Artists Space, Almine Rech, Alexander Gray, R & Company, among others. Shown by appointment.

  • Fully Built-Out as Standard Retail Space
  • Space is in Excellent Condition
  • Private Restrooms
  • Entrances on Franklin Street & Cortlandt Alley
  • Located in-line with other retail
  • Central Air Conditioning
  • Finished Ceilings: 13’7”
Space Size Term Rental Rate Space Use Build-Out Available
Basement, Ground 5,600 SF Negotiable Upon Request Upon Request Upon Request Upon Request Retail Full Build-Out 30 Days

Basement, Ground

The 2 spaces in this building must be leased together, for a total size of 5,600 SF (Contiguous Area):

Size
Basement - 1,800 SF
Ground - 3,800 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Retail
Build-Out
Full Build-Out
Available
30 Days

Basement, Ground

The 2 spaces in this building must be leased together, for a total size of 5,600 SF (Contiguous Area):
Size
Basement - 1,800 SF
Ground - 3,800 SF
Term Negotiable
Rental Rate Upon Request
Space Use Retail
Build-Out Full Build-Out
Available 30 Days

Spectacular turn-key gallery available for lease. The ground floor recently underwent a stunning renovation overseen by Trimble Architecture, including façade renovation. Existing installation features an +/-715sf front gallery, +/-1,364sf main gallery, +/-324sf rear gallery/private viewing room, +/-382sf private viewing/conference room. Reception area with desk, office areas, pantry. Lower level provides art handling and storage areas, two private restrooms. The space features new HVAC, extensive state-of-the-art lighting. Plywood-backed walls. Approx. 13’7” ceilings throughout. Entrances on Franklin Street and Cortlandt Alley. Neighbors include Jack Shainman, Artists Space, Almine Rech, Alexander Gray, R & Company, among others. Shown by appointment.

  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air Conditioning
  • Private Restrooms
  • Finished Ceilings: 13’7”
  • Entrances on Franklin Street & Cortlandt Alley

Property Facts

Total Space Available 5,600 SF
No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Size 34,153 SF
Year Built/Renovated 1920/1984

About the Property

54 Franklin Street stands at the corner of Cortlandt Alley in the heart of Tribeca, offering a distinctive historic façade complemented by modern upgrades. This building combines classic architectural charm with state-of-the-art systems, featuring new HVAC, extensive lighting, and updated finishes. Soaring 13’7” ceilings create an exceptional sense of space, while original cast-iron columns and exposed detailing preserve its character. Multiple points of entry enhance accessibility, including entrances on Franklin Street and Cortlandt Alley. The layout accommodates flexible configurations for galleries, creative offices, or showroom uses, supported by robust infrastructure and thoughtful design elements. Positioned within a vibrant cultural district, this property is near renowned art institutions, dining destinations, and major transit lines, offering unmatched connectivity. Its blend of historic elegance and contemporary functionality makes 54 Franklin a rare opportunity for businesses seeking presence in one of Manhattan’s most desirable neighborhoods.

Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100

Nearby Major Retailers

CrossFit
Planet Fitness
Barry's
Blue Bottle Coffee
Chase
Bank of America
Valley National Bank
Fogo de Chão
Five Guys
Just Salad
  • Listing ID: 40443556

  • Date on Market: 5/8/2026

  • Last Updated:

  • Address: 54-56 Franklin St, New York, NY 10013

Contact the Leasing Agent

Chinatown | 54-56 Franklin St

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