135 Reade Street

Home » All Multifamily Properties » New York & Tri-State » 135 Reade Street

Address: 135 Reade St, New York, NY 10013, USA

New York & Tri-State + 2-4 Units

Created date: November 7, 2024

Date last updated: November 17, 2024

Prime TriBeCa Location
100% FM
Mixed-Use
Tax Class Protected
Strong In-Place Cash Flow with Immediate Upside
Long-Term Retail Lease with Stable Yet increasing Cash-Flow
Transportation Hub

Property Description

Avison Young has been engaged by ownership as exclusive agent to sell 135 Reade Street, New York, NY (“The Property”), is a mixed-use property in the heart of TriBeCa. 135 Reade Street spans approximately 5,400 gross square feet and consists of four (4) total units, including three (3) residential apartments and one (1) ground floor retail space. The residential portion of the building includes an expansive, newly renovated 5BR/4BA duplex apartment with a large private roof deck, a 2BR/1BA (flex 3BR) unit, and a one-bedroom apartment. The retail portion of the property is occupied by the new-and-improved Reade Street Pub, taking its name from the prominent prior tenant that was in-place for 26 years. Reade Street Pub just signed a 10-year lease and is completing a substantial build out, allowing an investor stable yet increasing cash-flow. 135 Reade Street is a rare opportunity for an investor to acquire a 100% free-market, tax class protected property in the most desirable residential neighborhood in NYC.

Available

Request Information

Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Property Types:	2-4 Units
Price:	$6,850,000
No. of Units:	4
Lot Size:	5,400.00 Sq ft
Opportunity Zone:	No
Price per unit:	$1,712,500
Property Website	Click Here