Retail Development Opportunity Adjacent to a Boutique Hotel

By
Real Estate Agent with MRG.NYC
Stefany | Rutenberg Realty, LLC | (646) 450-8871
Lafayette St, New York, NY
Retail and Restaurant development adjacent to Boutique Hotel and Spa. Opportunity to join as one property.
Retail/Commercial
offered at $15,000,000
Year Built Unspecified
Sq Footage Unspecified
Floors 0
Parking Unspecified
Lot Size Unspecified
Maint $0 per month

DESCRIPTION

Retail Development Opportunity Adjacent to a Boutique Hotel

This proposed two level, 4,388 SF retail building is located in the trendy area known as Noho, in Manhattan. Currently, the property is a 3 story loft building, but it will need to be redeveloped as air rights were transferred from it's neighboring proeprty which is also available for redevelopment. New plans have been approved by Landmarks for a one story building with 20’ high ceilings.

The proposed retail building is located in one of the most desirable downtown locations. The area is home to such notable fashion tenants as Billy Reid, Rogan, John Varvatos and Blue & Cream. The property will also benefit from its proximity to the high end developments like Cooper Square Hotel, Ian Schrager’s 40 Bond Street, and the Bowery Hotel. Nearby hotel suites can go for as high as $650/night as seen at the Bowery and Cooper Square Hotels.
The site also benefits by its adjacent location to a 25’ wide contiguous 13 story, boutique hotel development which is available separately. It could be combined to enlarge the hotels food and beverage space if needed.
Ownership will consider an outright sale or a build to suit.

see additional photos below
PROPERTY FEATURES

- High Foot Traffic
- Internationally Known Area
- Celebrity Cache
- Affluent Neighborhood
- High End Shopping and Dining
- 24 Hour Clientele


LOCATION FEATURES

- Trendy area of Manhattan known world-wide
- Easy Transportation from All Airports
- In the heart of Noho


Contact info:
Stefany
Rutenberg Realty, LLC
40bl1142471
(646) 450-8871
For sale by agent/broker

Equal Opportunity Housing
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Posted: Oct 2, 2011, 12:48pm PDT
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    Licensed Real Estate Salesperson
     Investment Sales and Rentals 
     P646-450-8871
     Estefany@luxinvestor.com
 
   125 Maiden Lane, No. 2 | New York, NY 10038

A Manhattan Residential Group Company

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Stefany Blount

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