273 Church Street

$11,500,000
Last Sold Price
2
Beds
2
Baths
5
1/2 Baths
7,800 Sq. Ft.
$1,474 / Sq. Ft.
7,800
Sq. Ft.
$1,474
per Sq. Ft.

Description

For the first time in decades this 5-story, 25 ft wide building, located on the best block in the Church Street corridor of East Tribeca, will be DELIVERED VACANT.
CURRENT BUILDING: 7800 sf + 1800 cellar (approx). The ground floor, with almost 12 ft ceilings, is prime for a new high-end retail or restaurant to take advantage of local foot traffic along Church Street. Comparables on the block leased for $250 per sf. The 2nd and 3rd floors have recently been white-boxed for office space, with new electrical,
...For the first time in decades this 5-story, 25 ft wide building, located on the best block in the Church Street corridor of East Tribeca, will be DELIVERED VACANT.

CURRENT BUILDING: 7800 sf + 1800 cellar (approx). The ground floor, with almost 12 ft ceilings, is prime for a new high-end retail or restaurant to take advantage of local foot traffic along Church Street. Comparables on the block leased for $250 per sf. The 2nd and 3rd floors have recently been white-boxed for office space, with new electrical, HVAC, and windows. The 4th and 5th floor duplex residential unit has 2 bedrooms and 2.5 bathrooms, 11 ft ceilings, and a rooftop terrace. It has been smartly renovated recently with new floors and bathrooms. The cellar is 1800 sf (not included in the sf) with over 8 ft ceilings. The commercial-grade elevator services the cellar up to the 5th floor. The building can be leased out from day 1 of ownership.

CONCEPTUAL RENDERINGS: 10,050 sf (approx) The renderings depict a completely reimagined building with a mansion on the roof! This elegant mansion is approximately 3000 sf, spans the 5th, 6th, and 7th floors, and is terraced on each floor, including the master bedroom level on the top floor. The design creates a warm, private respite, while paying homage to the existing architectural elegance of the building. Contact your architect for further details and feasibility. Are you a business owner? The current setup, with recent renovations, is perfect to use the first 3 floors as retail/office space and move into the duplex in the upper floors. Looking for a development opportunity? The conceptual renderings present one potential way to make use of the remaining 3,342 sf of unused air rights. Each floor can be converted to a floor-through 2BR residential condo, due to the width of the building, allowing for 2BR condos on floors 2-4 and an elegant penthouse mansion on floors 5-7. Setup and renderings available upon request. Showings by appointment.

Listing Agents

  1. Daniel Chun

    Daniel Chun

    Listing Agent

    Compass

Amenities

  • Duplex
  • Street Scape
  • City Views
  • Private Terrace
  • Private Patio
  • Private Roof Deck
  • Exposed Brick
  • Private Entrance

Location

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LISTING UPDATED: 01/16/2020 06:40 PM

Property Details for 273 Church Street

StatusSold
Days on Market119
Taxes$8,081 / month
Common Charges-
Min. Down Pymt-
Total Rooms8.0
Compass TypeMixed Use
MLS TypeCondominium
Year Built1910
CountyNew York County

Building

273 Church St

6 Units4 StoriesBuilt in 1910

Location

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Building Information for 273 Church Street

Building/Complex273 Church StFloor-Stories4Residences6Pet Policy-Year Built1910Building AgePre-warBuilding TypeLowrise

Payment Calculator

$70,841 per month

30 year fixed, 7.25% Interest

Principal and Interest

$62,760

Property Taxes

$8,081

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property History for 273 Church Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 273 Church Street

Taxable ValueLand-Additions-Total-
Home Facts
APN1001750013

Schools near 273 Church Street

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 6 to 8
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
Spruce Street School
PublicPK to 8

Lower Manhattan Community Middle School
Public6 to 8

Nyc Lab Ms For Collaborative Studies
Public6 to 8

Jhs 104 Simon Baruch
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.

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