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225-227 West Broadway Property Snapshot

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225-227 West Broadway Property Snapshot 75 NASSAU 225-227 WEST BROADWAY PROPERTY SNAPSHOT JLL has been retained on an exclusive basis to LOCATION 225-227 West Broadway market for sale the 100% fee interest in 225-227 West Broadway located between White and BLOCK / LOT 178 / 19 Franklin Streets (the “Property”). The 4,324 SF LOT DIMENSIONS 35’ x 50.08’ 3-story building has an additional 4,426 SF of STORIES 3 unused FAR and 35 feet of prime West Broadway commercial frontage. GROSS SF 4,324 NET SF 3,700 The Property contains two ground floor retail RESIDENTIAL UNITS - tenants, including neighborhood favorites Café COMMERCIAL UNITS 3 Clementine (at 227 W Broadway), which is in its HOLLAND TUNNEL TOTAL UNITS 3 10th year of a 12-year lease and Attraversa Restaurant (at 225 W Broadway), in its 5th year ZONING C6-2A of a 12-year term. The upstairs commercial unit LOT SQUARE FOOTAGE 1,750 is leased to an office tenant in its 2nd year of a FAR 5.0 5-year lease. BUILDABLE SQUARE FEET 8,750 REMAINING AIR RIGHTS 4,426 Subway stations are steps away including Franklin Street - 1-2-3 - Canal and Lispenard - A- ASSESSMENT (20/21) $900,850 C-E - and Canal/Broadway – N-Q-R-W. And, of FULL TAXES (20/21) $94,922 course, some of the best hotels and restaurants surround the Property in every direction. Note: All square footages and measurements are approximate The Property offers a rare and truly unique WHITE ST opportunity to redevelop and/or reposition the building with significant upside potential. Meantime, the new owner will enjoy over $367,000 in net income from a fully occupied 19 building while long-term planning and strategies can be implemented. BLOCK 178 WEST BROADWAY WEST 6TH AVENUE 6TH FRANKLIN ST 3 JLL 225-227 WEST BROADWAY AREA MAP FOOD & DRINK 9 Patron of the New 6 Imagine Swimming 1 American Cut 10 Rag & Bone 7 Real Pilates 2 Atera 11 Shinola 8 3 Baked 12 Steven Alan SELECT RESIDENTIAL 225-227 4 Batard 13 Ted Muehling DEVELOPMENTS 16 5 Billy’s Bakery 14 Thom Browne Flagship 1 56 Leonard Street WEST BROADWAY 6 Brushstroke 2 15 Leonard Street 10 7 Bubby’s ART & DESIGN 3 11 North Moore Street 11 8 Edward’s 1 Dan Flavin Art 4 137 Franklin Street 9 Jungsik 2 Espasso 5 5 Franklin Place 6 100 Franklin Street 3 4 10 Locanda Verde 3 Johnson Trading Gallery 27 5 4 11 Marc Forgione 4 R & Company 7 24 Leonard Street 13 12 Maison Kayser 5 ROOM 8 443 Greenwich Street 8 8 10 13 Maman Tribeca 6 Salomon Arts Gallery 9 7 Harrison Street 26 5 3 14 2 4 5 14 Mr. Chow Tribeca 7 Tribeca Film Center 10 The Sterling Mason 13 24 2 6 8 Urban Archeology 11 11 Beach 6 7 1 3 15 The Odeon 3 4 2 12 7 16 Pepolino 3 9 4 5 SCHOOLS 10 7 14 2 25 17 Sarabeth’s Tribeca 23 21 2 19 6 18 Scalini Fedeli 1 New York Law School 22 1 19 The Square26 Diner 2 New York Academy of Art 1 7 4 1 3 11 9 1 20 Sushi of Gari27 3 PS 234 Independence School 6 12 2 21 Tamarind 4 PS 89 Intermediate School 9 22 Thalassa 5 Stuyvesant High School 17 23 Tribeca Grill 6 Washington Market School 6 24 Tutto il Giorno 18 25 Two Hands HOSPITALITY 7 8 15 26 Walker’s 1 Duane Street Hotel 20 27 Woldgang’s Steakhouse 2 The Frederick Hotel TRIBECA 1 6 3 Greenwich Hotel 1 4 The Roxy Hotel 11 RETAIL BOUTIQUES 1 The Armoury 5 Smyth, a Thomson Hotel 5 5 2 Egg by Susan Lazar 2 3 Gary Graham RECREATION & FITNESS 4 Gloria Jewel 1 AQUA Studios 2 Bari Studio 4 5 5 Grown & Sewn 3 6 Issey Miyake 3 Crunch 7 James Perse 4 Finn Square 8 Otte 5 Hudson River Park WEST BROADWAY WALKER STREET WHITE STREET FRANKLIN STREET FRANKLIN 6TH AVENUE / AVENUE OF THE AMERICAS 225-227 WEST BROADWAY JLL 32 225-227 WEST BROADWAY FOR MORE INFORMATION, PLEASE CONTACT EXCLUSIVE AGENTS: WILL SUAREZ BOB KNAKAL JONATHAN HAGEMAN HARRY HOCHMAN Managing Director Chairman Managing Director Associate +1 212 377 2824 +1 212 812 5973 +1 212 812 5995 +1 212 843 4655 [email protected] [email protected] [email protected] [email protected] FOR MORE INFORMATION ON POSSIBLE FINANCING, PLEASE CONTACT: KELLY GAINES Managing Director +1 212 812 5907 [email protected] 330 Madison Avenue, 3rd Floor New York, NY, 10017 jll.com.
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