Updated 10 years ago
Off Market
85 Chambers Street
Tribeca, Manhattan | Broadway & Church Street
4 Rooms2 Beds2 Baths19,000 Square FeetIncome Property
$27,000,000
floors / apts5 / 10
Lot Size25'x150'6"
Built Size25'x150'
ZoneC6-3A
Building TypeLoft
RE Taxes$170,964
Price Per SF
$1,421
Building Amenities
- Voice Intercom
- Elevator
Property Description for 85 Chambers Street
SUITABLE FOR DEVELOPMENT AND RETAIL USE. Located in TriBeCa on the north side of Chambers Street, with an additional entrance at 67 Reade Street, between Broadway and Church Street. This elevator loft building is five-stories, with buildable space available, in addition to the cellar and sub-cellar. The mixed-use property is currently configured with two ground floor retail units and contains eight residential apartments. Each residential unit is equipped with a washer and dryer.
This offering presents investors with the opportunity to acquire a well-maintained building held under long-term family ownership in one of Manhattan's most desirable neighborhoods. The building offers tremendous upside potential with the opportunity to transition these units and upgrade the property as a high-end, boutique hotel, luxury rental or condominium building.
Building Details for 85 Chambers Street
OwnershipIncome Property
Building TypeLoft
Service LevelVoice Intercom
AgePre-War
AccessElevator
Year Built1920
Floors/Apts5/10
Transit and Citi Bike
Subway
Chambers St
0.09 miles
City Hall
0.09 miles
Chambers St
0.13 miles
Park Place
0.15 miles
Brooklyn Bridge-City Hall
0.19 miles
Citi Bike
Reade St & Broadway
0.07 miles
Warren St & W Broadway
0.11 miles
Tribeca | Manhattan
Quick Profile
TriBeCa, named after the small geographic triangle below Canal Street. It’s not really a triangle, it's a quadrilateral and it's bounded by West Street, Broadway, and Chambers Street. It’s a little too late for a name change and besides, QuaBeCa doesn't sound half as cool as Tribeca.
One of New York City’s more notable acronymed neighborhoods, TriBeCa is known for its trendy boutiques, fabolous restaurants, historical landmarks, and resident celebrity lofts. It still holds the title of one of the coolest places to live in New York City.
TriBeCa is one of the first residential neighborhoods of New York City. Way back in 1700’s wealthy New Yorkers built homes and maintained gardens in what is now TriBeca.
Later in history it shifted from residential to warehouses, commerce and markets. After the Civil War, shipping hubs moved from the East River to the Hudson River and revitalized areas like the South Street Seaport and TriBeca. When shipping and commerce increased, the area soon became a favorite spot for wholesalers to store their goods in large industrial warehouses.
Just like its neighbor SoHo, TriBeCa boasts one of the world’s largest collections of wrought-iron facades and Neo-Grecian architecture.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 57816TH
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