Building Overview

  • Asking Price $13,750,000
  • Total Square Footage 24,619 SF
  • Stories 7
  • Neighborhood Financial District

Avison Young, as the exclusive agent, is pleased to offer for sale 47 Ann Street (the “Property”), a 24,610 square foot mixed-use elevator building located in Manhattan’s dynamic Lower Manhattan submarket, within the heart of the Financial District. The Property was converted from a commercial building to it’s current residential use in 1996 meaning that the building has never been subject to rent regulation and is verifiably 100% free market. The Property comprises 12 residential apartments and one ground-floor retail unit, and is situated on a 4,260 square foot lot on Ann Street between Nassau Street and William Street, offering investors immediate access to one of New York City’s most rapidly evolving and supply-constrained neighborhoods.

Significant Residential Mark-to-Market Upside

Value-Add Renovation Program

Vacant Retail Lease-Up Opportunity
Boutique Mixed-Use Asset

Verifiably Free Market

Strong Submarket Fundamentals

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