100 Washington Street

100 Washington Street, New York, NY 10006

  • For Sale Contact for pricing
  • Property Type Retail - Street Retail
  • Property Size 6,712 SF
  • Lot Size 0.69 Acre
  • Additional Rent $688,242
  • # of Floors 1
  • Average Floor Size 6,712 SF
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 1921
  • Year Renovated 2020
  • Date Updated Mar 1, 2023
  • Website www.veradaretail.com

Two-unit ground floor, corner, retail condominium located at 100 Washington (the “Unit”) with two long term tenants. The ground floor unit is located on the corner of Washington and Rector Street. The total unit is 6,712 square feet with the restaurant space is taking up 2,300 square feet (1,800 SF + 500 SF below grade) and the New York City Police Department (command center) occupying 4,412 square feet with more than 100 feet of frontage. NYPD is responsible for 67% of the base real estate taxes and increases as well as 67% of the increases in CAM. The restaurant is responsible for 33% of increases in real estate taxes and CAM; in addition, they will be paying 1% of gross revenue starting year 3 as well as 2% of gross revenue over a $500,000 breakeven point. Both tenants are responsible for utilities.

 

Key Features:

- 100% occupied and cashflowing

- Long-term leases in place with two grade A credit tenants

- High-end buildouts 

- Owner is only responsible for ~ $2,500 taxes/annum & $3,000 CAM/annum (basically NNN)

- Corner retail unit with over 100 ft' of wraparound frontage

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Attachments

Highlights

  • The Property is conveniently located in the heart of the Financial District, close to numerous local attractions such as the World Trade Center, Brookfield Place, the Hudson River Walkway, South Street Seaport, and a wide variety of excellent dining, shopping, and entertainment options. In addition, 100 Washington Street is conveniently located near several subway stops, providing easy access to the remainder of Manhattan and Brooklyn.

Contacts

broker

Brendan Thrapp

Verada

(201) 787-9679

Location

Getting Around

  • Walk Score ®

    100/100 Walker's Paradise

  • Transit Score ®

    100/100 Rider's Paradise

  • Bike Score ®

    85/100 Very Bikeable
Powered by Walk Score ®
  • City New York, NY
  • Neighborhood Financial District
  • Zip Code 10006
  • Market Manhattan

Points of Interest

  • Rector Street

    0.10 miles

  • Wall Street

    0.19 miles

  • WTC Cortlandt

    0.22 miles

  • Broad Street

    0.25 miles

  • Cortlandt Street

    0.25 miles

  • World Trade Center

    0.26 miles

  • Bowling Green

    0.29 miles

  • Fulton Street

    0.31 miles

  • Wall Street

    0.33 miles

  • Whitehall Street–South Ferry

    0.39 miles

  • ChargePoint

    0.44 miles

  • Blink

    0.58 miles

  • Tesla Supercharger

    1.09 miles

  • Blink

    1.35 miles

  • Blink

    1.39 miles

  • ChargePoint

    1.44 miles

  • ChargePoint

    1.69 miles

  • Mobil

    1.92 miles

  • American Quick Start Auto Center

    1.97 miles

  • Gulf

    2.01 miles

  • Battery Parking Garage

    0.11 miles

  • Icon

    0.35 miles

  • SP+

    0.48 miles

  • Speedy Park

    0.50 miles

  • Edison Park Fast

    0.57 miles

  • Park Fast

    0.76 miles

  • iPark

    1.13 miles

  • Christie Garage

    1.25 miles

  • Pier 40

    1.43 miles

  • Park Kwik

    1.51 miles

  • St. George Tavern

    0.04 miles

  • Sauce & Barrel

    0.05 miles

  • BLT Bar & Grill

    0.07 miles

  • ZAZA

    0.07 miles

  • Bill's Bar and Burger

    0.07 miles

  • Morton's The Steakhouse

    0.09 miles

  • George's New York

    0.09 miles

  • Tajin

    0.09 miles

  • Wogies

    0.10 miles

  • Benvenuti

    0.12 miles

  • Gristedes

    0.14 miles

  • Battery Place Market

    0.15 miles

  • Gristedes

    0.16 miles

  • Eataly

    0.19 miles

  • TJ Maxx

    0.24 miles

  • Le District

    0.26 miles

  • Up Market

    0.30 miles

  • Brookfield Place

    0.30 miles

  • City Acres Market

    0.42 miles

  • Target

    0.45 miles

Frequently Asked Questions

What is the total square footage of 100 Washington Street?

100 Washington Street totals 6,712 square feet.

When was this property built?

100 Washington Street was built in 1921.

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Contact Listing Broker

broker

Brendan Thrapp

Verada

(201) 787-9679