23 CHATHAM SQUARE

For Sale - Manhattan - Chinatown

$6,000,000

Net Operating Income: $281,648

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Key Details

Property Type
Office Building
Neighborhood
Chinatown
Property Dimensions
22.0 x 62.0
Property Area
4,675 sq.ft.
Total Units:
4
Stories:
4
NOI
$281,648
Price
$6,000,000

Listing Description

Cushman & Wakefield has been retained on an exclusive basis to arrange the sale of 23 Chatham Square, NYC. 23 Chatham Square is 4 story retail and office building located on Kim Lau Square, at the intersection of Bowery, East Broadway, and Oliver Street. The building is occupied by a bank and will soon be vacant. The ground floor is set up as a bank branch, with usable basement. The upper floors are offices. The property lies in a Commercial District (C6-1G). Conversion to residential use would require a special permit. There are approx. 1,910SF of unused commercial air rights.

Property Details

Block/Lot:
279/67
Lot Dimensions
22.42 x 62.0
Lot Area
955 sq.ft
Zoning:
C6-1G
FAR as Built:
4.9
Max FAR:
6.5
Bryan HurleyCushman & Wakefield
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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