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$1,980,000

For Sale

In contract 4/9/2024

1,000 ft²

$1,980 per ft²

1 room

Studio

1 bath

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Listing by New York Residence, Corporate Broker, 1501 Broadway Ste, New York, NY 10036

Common charges

$390/mo

Estimated payment

Arrow icon$12,923/mo

Legal disclaimerAll calculations are estimates provided by StreetEasy for informational purposes only. Actual amounts or financing terms may vary. Please contact your mortgage provider for specifics.

Taxes

$2,390/mo

Tax abatement

No info

About

Seller’s agent

/

Thomas Guss

Licensed Real Estate Broker

New York Residence

description

Calling all Investors: Prime investment opportunity in the heart of TriBeCa - up to 6.5% CAP!

The retail condominium space at 129 Duane Street was leased on September 1, 2023 to an upscale vintage furniture gallery and interior design firm. The lease is for 5 years with an option to extend. Gross rental income is $144,000 for the first year with 3% annual rent escalations thereafter.

Policies

Sorry, policy info isn’t available right now. Check back later.

Home features

  • Central air

  • Hardwood floors

  • View

    City

Building amenities

Services and facilities

  • Elevator

  • Live-in super

Wellness and recreation

No info on wellness and recreation

Shared outdoor space

No info on shared outdoor space

About the building

129 Duane Street

129 Duane Street, New York, NY 10013

Hybrid building inTribeca

7 units

5 stories

1915 built

Property history

  • Price Change: No changes
  • Days on market: 54 daysThis is the number of days the listing has been on StreetEasy.
DatePriceEvent

4/9/2024

$1,980,000

In contract

2/15/2024

$1,980,000

Listed by New York Residence

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Explore Tribeca

Transit

LocationDistance

ACE23at Chambers St

0.1 miles

123at Chambers St

0.11 miles

1at Franklin St

0.18 miles

RWat City Hall

0.2 miles

Eat World Trade Center

0.23 miles

About Tribeca

Rental prices shown are base rent before any fees. Visit listings for cost and fees breakdown.

SalesMedian asking price

Studio

$1.98M

RentalsMedian asking base rent

Studio

$4,525

Tribeca is an upscale neighborhood known for high-end real estate and well-heeled residents — a downtown haven for European cars and pedigreed dogs. It's also a truly gorgeous area that mixes glorious old cast-iron lofts, wide cobblestone streets, and dramatic new buildings. Decades ago, these lofts housed artists and squatters. But the bohemians have given way to cool-seekers with bigger bank accounts. Now, this neighborhood is among the most expensive places to live in the city. That hasn't cost the neighborhood much of its sophistication, though. Nightlife in Tribeca remains busy but refined, attracting a cosmopolitan crowd with an appreciation for the finer things in life.

Learn more about Tribeca