114 Franklin Street

        

 

114 Franklin Street

 

Built in 1868 This 25-foot plus wide 100 deep, five-story store and loft building.,contains approximately 11,375 gross SF above grade and lies in a C6-2A zone within the TriBeCa Historic District.Mixed-Use. The building has a restaurant tenant on the ground floor (LXP 4-30-08), a commercial tenant on the second floor & 2 IMD tenants and a vacant apartment on the upper floors. The building has a projected gross income of $282,300. Expenses are estimated at $82,100. The projected NOI is $200,200. The design of this building, exhibiting elements of both the Italianate and Second Empire styles. . The first story retains its original cast-iron Corinthian columns and piers supporting a stone cornice.Vacant third floor is a sunny renovated two bed/two bath featuring 12 ft ceiling, recessed lighting, exposed brick, oak floors, gas fireplace in 1000 s.f. living room, central air, dual zone controlled heating, gourmet open kitchen and washer/dryer, Two full Marble bathrooms include jacuzzi Tons of storage. N/S exposures. South exposure is unobstructed.
Sold and closed

 

This listing courtesy of Douglas Elliman

Property Details:

  • 114 Franklin Street
  • Price: $6,900,000
  • Neighborhood: TriBeCa
  • Commercial
  • Approximate Sq. Feet: 13,800
  • Listing ID: 759808

Area Details:

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Patricia (Patty) LaRocco

Patricia (Patty) LaRocco

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M: 917.696.0699

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