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332 CANAL STREET, #BLG

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ROBERT DVORIN
Senior Vice President, Associate Broker

110 Fifth Avenue, New York, NY 10011
C: (917) 365-0040  O: (646) 998-7472  F: (212) 633-1005
rdvorin@townrealestate.com
IAN WOLF
Representative, Licensed Salesperson

110 Fifth Avenue, New York, NY 10011
C: (646) 269-7236  O: (646) 998-7475  F: (212) 633-1005
iwolf@townrealestate.com
YOUNG LEE
Vice President, Associate Broker

110 Fifth Avenue, New York, NY 10011
C: (917) 273-8674  O: (646) 998-7473  F: (212) 633-1005
ylee@townrealestate.com
EBEN MACNEILLE
Representative, Licensed Salesperson

110 Fifth Avenue, New York, NY 10011
C: (347) 619-3917  O: (646) 738-6941  F: (646) 738-7426
emacneille@townrealestate.com
332 Canal Street, #Blg
NEIGHBORHOOD: TRIBECA
*** IN CONTRACT ***
ListingID: 418246 | Type: Townhouse
Price: $23,500,000
Excellent Investment Opportunity! 5% CAP Rate.
Two beautifully renovated loft buildings (326 Canal & 332 Canal/39 Lispenard) located on the northern edge of Tribeca.
Fully leased with 2 high traffic retail stores, 1 office and 10 gut renovated free market residential lofts. The five stunning lofts at 39 Lispenard range from 2150-4250SF with high ceilings.
Many lofts feature Poggenpohl and Valcucine kitchens and top of the line baths.
All the lofts have private key locked elevator access.
The five lofts at 326-332 Canal Street range from 1050-1300SF with high ceilings. They are all gut renovated and in mint condition. In addition, there is a large office space as well as the 2 retail stores.
The buildings have been meticulously maintained and updated.
Total Gross SF is ~34,350SF. The current rent roll is $1,509,540 and the current expenses are $331,947 (including real estate taxes, management and super). Canal Street is one of the busiest streets in NYC and is conveniently located near 12 subway lines
All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice. No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all information should be confirmed by customer. All rights to content, photographs and graphics reserved to Town Residential LLC. Customer should consult with its counsel regarding all closing costs, including without limitation the New York State 1% tax paid by buyers on residential properties over $1 million. Town Residential LLC represents the seller/owner on Town Residential LLC's own exclusives, except if another agent of Town Residential LLC represents the buyer/tenant, in which case Town Residential LLC will be a dual agent with designated agents representing seller/owner and buyer/tenant. Town Residential LLC represents the buyer/tenant when showing the exclusives of other real estate firms. In all instances Town Residential LLC treats all parties fairly and honestly. Town Residential LLC actively supports equal housing opportunities. Listings from other companies are provided solely as a convenience to customers and Broker has not reviewed or confirmed any information from sources other than Broker.