$11,500,000
Updated 7 years ago
Sold

273 Church Street

Tribeca, Manhattan | Leonard Street & Franklin Street

8 Rooms2 Beds4.5 Baths7,800 Square FeetMixed Use

$11,500,000
floors / apts5 / 1
Lot Size25'x75'
Built Size25'x75'
Building TypeLow-Rise
RE Taxes$96,972
Price Per SF
$1,474

This property was sold for $10,500,000 on 01/16/20.

Outdoor space and views

  • Patio
  • Terrace
  • City Views

Building Amenities

  • Voice Intercom
  • Roof Deck

Property Description for 273 Church Street

For the first time in decades this 5-story, 25 ft wide building, located on the best block in the Church Street corridor of East Tribeca, will be DELIVERED VACANT. CURRENT BUILDING: 7800 sf + 1800 cellar (approx). The ground floor, with almost 12 ft ceilings, is prime for a new high-end retail or restaurant to take advantage of local foot traffic along Church Street. Comparables on the block leased for $250 per sf. The 2nd and 3rd floors have recently been white-boxed for office space, with new electrical, HVAC, and windows. The 4th and 5th floor duplex residential unit has 2 bedrooms and 2.5 bathrooms, 11 ft ceilings, and a rooftop terrace. It has been smartly renovated recently with new floors and bathrooms. The cellar is 1800 sf (not included in the sf) with over 8 ft ceilings. The commercial-grade elevator services the cellar up to the 5th floor. The building can be leased out from day 1 of ownership. CONCEPTUAL RENDERINGS: 10,050 sf (approx) The renderings depict a completely reimagined building with a mansion on the roof! This elegant mansion is approximately 3000 sf, spans the 5th, 6th, and 7th floors, and is terraced on each floor, including the master bedroom level on the top floor. The design creates a warm, private respite, while paying homage to the existing architectural elegance of the building. Contact your architect for further details and feasibility. Are you a business owner? The current setup, with recent renovations, is perfect to use the first 3 floors as retail/office space and move into the duplex in the upper floors. Looking for a development opportunity? The conceptual renderings present one potential way to make use of the remaining 3,342 sf of unused air rights. Each floor can be converted to a floor-through 2BR residential condo, due to the width of the building, allowing for 2BR condos on floors 2-4 and an elegant penthouse mansion on floors 5-7. Setup and renderings available upon request. Showings by appointment.

Listing History for 273 Church Street

Now
01/16/2020
$10,500,000
Sold and Closed by Daniel Chun
Compass
01/14/2020
Contract Signed by Daniel Chun
Compass

Building Details for 273 Church Street

OwnershipMixed Use
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts5/1
Learn More About the Building

Transit and Citi Bike

Subway

Franklin St
0.12 miles
Canal St
0.17 miles
Canal St
0.18 miles
Chambers St
0.31 miles
Canal St
0.32 miles

Citi Bike

Leonard St & Church St
0.07 miles
6 Ave & Walker St
0.1 miles

Contact Agents

Contact Agents

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: 68520TH