181 CANAL STREET

For Sale - Manhattan - Chinatown

$34,500,000

Net Operating Income: $1,638,798

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Key Details

Property Type
Office Building
Neighborhood
Chinatown
Property Dimensions
42.0 x 75.0
Property Area
15,680 sq.ft.
Total Units:
5
Stories:
5
NOI
$1,638,798
Price
$34,500,000

Listing Description

Cushman & Wakefield has been retained on an exclusive basis to arrange the sale of 181-183 Canal Street. The property is a 5-story
15,680SF elevatored commercial building on the northeast corner of Canal Street & Mott Street. The building consists of 3 ground
floor retail spaces, lower level rentable space and offices on floors 2-5. The corner retail space is leased to Flushing Bank until 2029, the 2 store fronts on Mott St are also leased until 2029 and the 2,500 SF lower level space is currently vacant with a lease out. The offices on floors 2-5 are leased to Revcore until 2028.

Property Details

Block/Lot:
204/34 & 35
Lot Dimensions
42.0 x 75.0
Lot Area
3,136 sq.ft
Zoning:
C6-1G
FAR as Built:
5.8
Max FAR:
6.5
Bryan HurleyCushman & Wakefield
Contact Agent Download Listing Flyer

Sales & Transactions

AddressSale PriceSale DateProperty Type
126 HESTER STREET$3,750,00007/27/2018Office Building
79 WALKER STREET$19,000,00009/29/2016Office Building
84 BOWERY$9,375,00009/16/2016Office Building
28 ELIZABETH STREET$5,200,00003/28/2016Office Building
23 CHATHAM SQUARE$4,500,00002/24/2016Office Building
123 LAFAYETTE STREET$33,500,00001/12/2016Office Building
183 CANAL STREET$15,000,00011/20/2015Office Building
181 CANAL STREET$15,100,00011/20/2015Office Building
402 BROADWAY$4,300,00005/08/2015Office Building