Building Overview

  • Asking Price $5,000,000
  • Total Square Footage 12,927 SF
  • Stories 5
  • Neighborhood Tribeca

Avison Young, as the exclusive agent, is pleased to offer for sale 71 Leonard Street (the “Property”), a 12,927 square foot mixed-use, cast-iron walk-up building located in the heart of Manhattan’s historic Tribeca neighborhood. The Property comprises eight residential units and one ground-floor retail space spanning 2,000 square feet at grade, situated on a 2,446 square foot lot within the C6-2A (R8A equivalent) zoning district. Originally built in 1866 and altered in 1978, the Property offers an investor a compelling blend of in-place income and meaningful upside through near-term lease mark-to-market opportunities.

Mixed-Use Asset

Retail Mark-to-Market Opportunity

Residential Upside Through Renovation
Historic Tribeca Location

Attractive Basis

Zoning

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