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111 Murray St
New York, NY 10007 Tribeca

$2,900,000 USD

Apartments Condos For Sale  •  2,700 SF

Property Details

  • Property Type Apartments
  • Total Building Size 433,000 SF
  • Lot Size 0.71 AC
  • Building Class A
  • Year Built 2018
  • Cap Rate 6.50 %
  • Zoning C6-4
100 Transit Score
100 Walk Score

2 Units Available

Name Condo Use Size Price Details
1st Floor - Unit 1 Retail Retail 2,700 SF $2,900,000 USD
  • Unit Size: 2,700 SF
  • Condo Use: Retail
  • Price: $2,900,000 USD
  • Sale Type: Investment
  • Price/SF: $1,074.07 USD
Description
2 ground floor retail condos

Sale Notes
Ground floor retail condos, 100% occupied w/ annual increases, outdoor plaza access, busy Tribeca corner
1st Floor - Unit 2 Retail Retail 2,700 SF $2,900,000 USD
  • Unit Size: 2,700 SF
  • Condo Use: Retail
  • Price: $2,900,000 USD
  • Sale Type: Investment
  • Price/SF: $1,074.07 USD

Description 

Rare Sale, Prime Tribeca corner location in a new construction luxury high-rise.
2 separate condos with 2 tenants, 100% occupied w/ annual increases.
Rare outdoor plaza for clients of the business, located on a busy corner.
NOI: $189k, Price: $3 million / 6.3% CAP Rate
Contact Josh for more info: Jg@highcapgroup.com

Highlights

Prime Tribeca Corner Luxury High-Rise
100% Occupied Retail w/ long leases
Ask: 6.3% CAP w/ annual increases

Financial Summary

Cap Rate: 6.50 %
Total Expenses: $0 USD

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Controlled Access
  • Concierge
  • Dishwasher
  • Disposal
  • Fitness Center
  • Pool
  • Property Manager on Site
  • Sauna
  • Spa
  • Waterfront
  • Heating
  • Doorman
  • Gameroom
  • Media Center/Movie Theatre
  • Package Service
  • Kitchen
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Tub/Shower
  • Bicycle Storage
  • Elevator
  • Lounge
  • Maintenance on site
  • Freezer
  • Wheelchair Accessible (Rooms)
  • Green Community

Public Transportation

Commuter RailDriveWalkDistance
New York Penn Station (NJT) (Montclair-Boonton Line - NJ Transit Commuter Rail (NJ Transit), Morris & Essex Gladstone Branch - NJ Transit Commuter Rail (NJ Transit), Morris & Essex Morristown Line - NJ Transit Commuter Rail (NJ Transit), North Jersey Coast Line - NJ Transit Commuter Rail (NJ Transit), Northeast Corridor Line - NJ Transit Commuter Rail (NJ Transit)) 14 min - 3.2 mi
New York Penn Station (LIRR) (Babylon Branch - Long Island Rail Road, Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Montauk Branch - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road, Port Washington Branch - Long Island Rail Road, Ronkonkoma Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 14 min - 3.2 mi
Transit/SubwayDriveWalkDistance
World Trade Center (Hoboken-World Trade Center - Port Authority Trans-Hudson (PATH), Newark Penn Station-World Trade Center - Port Authority Trans-Hudson (PATH)) 4 min 5 min 0.3 mi
Chambers Street (1,2,3 Line) (1 - New York MTA Subway (The Subway), 2 - New York MTA Subway (The Subway), 3 - New York MTA Subway (The Subway)) 1 min 5 min 0.3 mi
Park Place (2,3 Line) (2 - New York MTA Subway (The Subway), 3 - New York MTA Subway (The Subway)) 2 min 6 min 0.3 mi
World Trade Center (E - New York MTA Subway (The Subway)) 4 min 6 min 0.4 mi
Chambers Street (A,C Line) (A - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway)) 2 min 7 min 0.4 mi
AirportDriveWalkDistance
Newark Liberty International 20 min - 12.5 mi
La Guardia 22 min - 14.7 mi
John F. Kennedy International 34 min - 22.8 mi
Christen Portelli 646-546-5255 Highcap Group LLC
Christen Portelli 646-546-5255 Highcap Group LLC