183 Duane Street

183 Duane St
TriBeCa

$6,950,000
Price
4
Beds
5,647 Sq. Ft.
$1,231 / Sq. Ft.
5,647
Sq. Ft.
$1,231
per Sq. Ft.
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Contract Signed
Contract Signed
a front view of a building with a street
a view of a storage & utility room
a view of a room with lots of gym equipment
a living room with furniture and a wooden floor
a bedroom with a bed and a couch
a kitchen with white cabinets and potted plant
a view of a dining room with furniture and wooden floor
a kitchen with stainless steel appliances kitchen island granite countertop a refrigerator a stove top oven and a dining table with wooden floor
a living room with furniture and wooden floor
a bedroom with a bed and a view of kitchen
a bedroom with a bed and cabinets
a living room with furniture and wooden floor
a bathroom with a granite countertop toilet sink and mirror
a outdoor space with furniture
a view of building with door
a view of buildings with cars
a view of a city with tall buildings
a black white and white photo of a living room

Description

Welcome to 183 Duane Street, a classic 5-unit mixed-use townhouse offering architectural charm, flexible configuration, and significant upside potential in Tribeca. Located on a prime block between Greenwich and Hudson Streets, this 20-foot wide, five-story masonry building sits in the heart of one of Manhattan's most prestigious and desirable neighborhoods. Built in 1920 and thoughtfully renovated, the property spans approximately 4,630 SF above grade plus 1,016 SF full height cellar for retail...Welcome to 183 Duane Street, a classic 5-unit mixed-use townhouse offering architectural charm, flexible configuration, and significant upside potential in Tribeca. Located on a prime block between Greenwich and Hudson Streets, this 20-foot wide, five-story masonry building sits in the heart of one of Manhattan's most prestigious and desirable neighborhoods. Built in 1920 and thoughtfully renovated, the property spans approximately 4,630 SF above grade plus 1,016 SF full height cellar for retail accessory use. It is currently configured as four full-floor residential units over a ground-floor retail space with storage. Each residential unit boasts approximately 800 Net SF with spacious open loft layout configured as 1-2 bedrooms with 1 bath with the potential to be converted into two-bedroom, two-bath units for higher rental income. The ground-floor commercial unit including basement space is leased to Nili Lotan New York (a luxury women's ready-to-wear brand) providing stable income and long-term tenancy. The building benefits from a Certificate of Occupancy, and Tax Class 2B designation. Zoned C6-2A within the Tribeca Mixed-Use district, the building permits both residential and commercial uses and retains approximately 451.6 square feet of available development rights. The combination of stable income and favorable tax treatment makes the property a secure long-term hold with several potential pathways for growth. The property offers strong financials with a current NOI (Net Operating Income) of approximately 299K and a projected proforma NOI of $395,000. At the asking price of $6,950,000, the proforma CAP rate is estimated at 5.69%, making this an attractive opportunity for investors and buyers alike. Whether you're looking to renovate and reposition the existing units, add a duplex with roof deck, or convert the building into a grand single-family residence over retail. Whatever the chosen strategy, 183 Duane Street combines enduring location fundamentals with multiple avenues to enhance returns, making it one of the most compelling opportunities available in today's market. Situated in the heart of Tribeca, the property is surrounded by world-class dining, boutique retail, cultural institutions, and excellent transit access. 183 Duane Street represents a rare opportunity to own a high-performing, developmentready asset in one of Manhattan's most iconic and enduring neighborhoods. All material herein is intended for information purposes only and has been compiled from sources deemed reliable. Though information is believed to be correct, it is presented subject to errors, omissions, changes, or withdrawal without notice. Buyers are advised to verify all information.
  1. Listed by Christopher V Cavorti • Corcoran Group
    P: (914)-804-7091 chris.cavorti@corcoran.com

Property Details for 183 Duane Street

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City
LISTING UPDATED: 05/08/2026 12:18 PM

Property Details for 183 Duane Street

StatusContract Signed
MLS IDRLS20046348
Days on Market244
Taxes$6,536 / month
Maintenance-
Min. Down Pymt-
Total Rooms12.0
Property TypeTownhouse
MLS TypeMixed Use
Year Built1920
Lot Size1,015 SF / 20' x 51'
CountyNew York County

Building

183 Duane St

5 Units5 StoriesBuilt in 1920
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Location

Listing Courtesy of Corcoran Group
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Building Information for 183 Duane Street

Stories5Residences5Year Built1920Lot Size1,015 SF / 20' x 51'Building AgePre-warBuilding Type-

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$41,533 per month

30 year fixed, 6.46% Interest

Principal and Interest

$34,997

Property Taxes

$6,536

Maintenance/Common Charges

$0

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Property Information for 183 Duane Street

Summary
Location and General Information
  • Subdivision Name: Tribeca
  • Stories Total: 5
  • Exposures: North, South
  • Garage Spaces: 0.0
  • View: Yes
  • Zoning Description: C6-2A
Taxes and HOA
  • Tax Lot: 0014
  • Tax Deduction Percent: .00%
  • Tax Block: 00143
  • Association Fee Frequency: Monthly
  • Flip Tax: $0
  • Building Tax Lot: 0014
  • Tax Monthly Amount: 6536.0
  • Tax Abatement YN: false
Parking
  • Garage: No
  • Garage Spaces Assigned YN: false
Property
Lot Information
  • Living Area: 5647.0
  • Living Area Units: Square Feet
Building Information
  • Landmark Status YN: false
  • Building Laundry Features: None
  • Building Pets Allowed: BuildingYes
  • Capital Reserves YN: false
  • Green Building YN: false
Property and Assessments
  • New Development: No
  • Sponsor Unit: No
  • Certificate Of Occupancy: Yes
  • Percent Of Common Elements: .00%
  • Common Interest: Rental Building
  • Number Of Shares: 0
  • New Construction: No
  • Structure Type: HighRise
  • Property Condition: Excellent
Interior and Exterior Features
Exterior Features
  • Basement: Other
  • Exterior Features: None
  • Patio And Porch Features: None
Interior Features
  • Cooling: Other
  • Entry Level: 5
  • Appliances: WasherDryerAllowed
  • Fireplace: No
  • Dining Type: Alcove
  • Kitchen Condition: Excellent
  • Floor Number: 5
  • Basement: No
  • Cooling: No
  • Laundry Features: WasherHookup, InUnit
  • Bathroom Condition: Excellent
  • ElevatorsTotal: 0
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
Rental
Rental Information
  • Pets Allowed: UnitYes
  • Attendance Type: None
  • Land Lease: No
  • Lease Type: Stabilized Lease

Property History for 183 Duane Street

DateEvent & SourcePriceAppreciationLink
May 6, 2026

Contract Signed

RLS RESO #RLS20046348

—
Oct 27, 2025

Price Change

RLS RESO #RLS20046348

$6,950,000—
Sep 4, 2025

Listed (Active)

RLS RESO #RLS20046348

$7,295,000—
DateEvent & SourcePrice
05/06/2026

Contract Signed

RLS RESO #RLS20046348

—
10/27/2025

Price Change

RLS RESO #RLS20046348

$6,950,000
09/04/2025

Listed (Active)

RLS RESO #RLS20046348

$7,295,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 183 Duane Street

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
P.S. 234 Independence School
Public - K to 5
Middle 297
Public - 6 to 8
Nyc Lab Ms For Collaborative Studies
Public - 6 to 8
Lower Manhattan Community Middle School
Public - 6 to 8
Rating
School
Distance
P.S. 234 Independence School
PublicK to 5

Middle 297
Public6 to 8

Nyc Lab Ms For Collaborative Studies
Public6 to 8

Lower Manhattan Community Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Tribeca
Tribeca
From industrial center to artists’ mecca. Tribeca is a combination of industrial sensibility and simple sophistication. While the renovated lofts and luxury buildings are a celebrity favorite, Tribeca is far from stuffy; downtown cool is a part of the fabric of this spacious and chic neighborhood.
Tribeca Guide

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Listing Courtesy of Corcoran Group

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2026, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2026 The Real Estate Board of New York, Inc., All rights reserved.