Marcus & Millichap - Tri Borough Multi-Family

125 Fulton Street Manhattan

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Price: $19,500,000
Building Size: 29,750 Square Feet
Property Type: Development Site
Description:

Marcus & Millichap is pleased to offer 125 Fulton Street, located between Nassau Street and William Street in the Financial District section of Manhattan. The subject property is a two story retail building that consists of two retail units. The property is built 25 ft x 118.92 ft and sits on a 25 ft x 119 ft lot with approximately 5,908 gross square feet. The property is zoned C6-4/LM allowing for approximately 29,750 buildable square feet as of right. (Block: 91, Lot: 11)

This property offers investors and developers the rare opportunity to purchase a retail property that can be repositioned or redeveloped with substantial available air rights in the Financial District section of Manhattan, New York.

Investment Highlights:

  • 2-Story Retail Property in Prime Financial District Location
  • Retail Rents Under Market/Tremendous Upside
  • Strong Candidate For Redevelopment
  • Approximately 29,750 Buildable Square Feet
  • C6-4 Zoning
  • Steps Away from the “1”, “2”, “A”, “C”, “J”, and “Z” Trains