90 Nassau Street_Property for Sale
90 Nassau Street_Property for Sale
Nassau Street 90, New York, NY, 10038, US

90 Nassau Street

Asset Description

JLL has been retained on an exclusive basis to arrange for the sale of 90 Nassau Street (“The Property”), an outstanding corner mixed-use elevatored building in the heart of downtown Manhattan. The Property is situated on the southeast corner of Nassau and Fulton Streets featuring ~80 feet of wraparound frontage. The 12,560 GSF, 8-story building contains seven (7) free market full-floor loft apartments above two (2) ground floor retail stores. Due to the building’s corner exposure and large windows, the apartments receive excellent light and air, especially when compared to similar buildings located in the Financial District. The current residential unit mix consists of one (1) flex two-bedroom, and six (6) flex three-bedrooms. The 875 SF corner retail space is occupied by the famous Joe’s Pizza, a New York City staple since 1975. The second retail space is located within the adjacent subway entrance and is leased to Beauty Health Spa. Overall, 90 Nassau Street represents an incredible opportunity for an investor to purchase a cash-flowing, fully free market building with mark-to-market potential through light unit renovations.

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Attributes

Asking price
€11,177,000
Year built
1900
Number of floors
8 floors
Number of units
9 units
Building area gross
1,167 m²
Occupancy
100%

Media

Investment Highlights

  • Seven Full-Floor Loft Apartments
  • 100% Free Market
  • Value-Add Potential Through Light Renovation
  • Excellent Light and Air Due to Large Windows and Corner Lot Exposure
  • Strong Cash-Flowing Retail
  • 80' of Corner Frontage
  • Elevatored Building
  • Prime Downtown Manhattan Location

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90 Nassau Street (0 Properties)

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Last updated
21 Jun 2024