Building Overview

  • Asking Price Submit Offers
  • Neighborhood Tribeca
  • Building Size ~7,692 SF
  • Lot Size ~2,639 SF

Avison Young, as exclusive agent, is pleased to offer for sale 2 Thomas Street / 317 Broadway (the “Site”), a prime development opportunity located at the corner of Thomas Street and Broadway in Tribeca—one of Manhattan’s most coveted neighborhoods. The Site measures approximately 2,639 SF with 25 feet of frontage on Broadway and 105.25 feet on Thomas Street. It is currently improved by a vacant, two-story former McDonald’s building. The property is located within the C6-4A / R10A zoning district, allowing for a 10.0 FAR residential, 12.0 FAR with Universal Affordability Preference, and 10.0 FAR commercial, presenting significant development potential in a high-demand luxury market.


Ownership intends to execute a transaction based on as-of-right zoning and massing. As an additional value-add, ownership is prepared to allow a cantilever over 315 Broadway to enable further expansion potential; however, no transaction can be contingent upon obtaining cantilever approval.

Frontage: 25 ft on Broadway, 105.25 ft on Thomas Street

Existing Structure: Vacant two-story former McDonald’s building

Zoning: C6-4A / R10A
Opportunity for Additional Air Rights + Cantilever over 315 Broadway

Corner site offering exceptional visibility and light

Prime Tribeca Market

Team

Charles Kingsley

Charles Kingsley

Principal
Avison Young - US - NY - New York
Eric Karmitz

Eric Karmitz

Director
Avison Young - US - NY - New York
Noah Kossoff

Noah Kossoff

Director
Avison Young - US - NY - New York
Erik Edeen

Erik Edeen

Principal, Senior Director of U.S. Investment Sales
Avison Young - US - NY - New York