273 Church Street

Townhouse in Tribeca, Listed on Jan 4, 2025 (76 days on market)

$12,950,000 $1,349 / ft²

7 beds, 5 baths | ~9,600 ft²

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Similar Townhouses

273 Church Street

Townhouse in Tribeca, Listed on Jan 4, 2025 (76 days on market)

$12,950,000
$1,349 / ft²

7 beds, 5 baths
~9,600 ft²

273 Church Street

$12,950,000 ($1,349 / ft²) | 7 beds, 5 baths | ~9,600 ft²

Townhouse in Tribeca, Listed on Jan 4, 2025 (76 days on market)

PRIME TRIBECA DEVELOPMENT OPPORTUNITY... Rare offering of a 5-story, 25 ft wide building, located on the best block in the Church Street corridor of East Tribeca, and can be an income producing property or converted to a development. CURRENT BUILDING: 7800 sf + 1800 cellar (approx). The ground floor, with almost 12’ ceilings, is prime for a new high-end retail or restaurant to take advantage of local foot traffic along Church Street. The 2nd and 3rd floors are currently used as office space, with new electrical, HVAC, and windows.

The 4th and 5th floor triplex residential unit with private terrace has 3 bedrooms and 2.5 bathrooms, and voluminous 11’ ceilings and is currently leased and operated by Rove Travel. It has been smartly renovated recently with new floors and bathrooms. The cellar is 1800sf with over 8’ ceilings. The commercial-grade elevator services the cellar up to the 5th floor. The building can be leased out commercially or as a mixed use property.

The building is currently built to an FAR of 4.14 with an allowable FAR of 6.5 to create a building up to 10,000sf+ with approximately 3,342sf of unused air rights. Contact your architect for feasibility and further details. This is a unique opportunity for a discerning investor in a location with high upside potential.

Highlights

Prime Tribeca Location: Situated on the best block of Church Street, this property offers unparalleled access to local amenities and foot traffic.
Spacious Triplex Unit: The 4th and 5th floor triplex features 3 bedrooms, 2.5 bathrooms, and a private terrace, providing luxurious living space.
Commercial Potential: The ground floor is ideal for high-end retail or restaurant opportunities, capitalizing on the vibrant neighborhood atmosphere.
Recent Renovations: Smart renovations include new floors and bathrooms, ensuring a modern and stylish living environment.
Development Opportunities: With an allowable FAR of 6.5 and 3,342 sf of unused air rights, this property presents significant upside potential for investors.
High Ceilings: Enjoy voluminous 11' ceilings in the residential unit and nearly 12' ceilings on the ground floor, enhancing the sense of space.

Listing viewed 108 times

Key Features

Duplex / Triplex
High Ceilings
Outdoor Space
Recently Renovated
Pre-war
Townhouse

Monthly Real Estate Taxes &
Estimated Mortgage

Monthly Real Estate Taxes

$11,467

$1.19 /ft² /mo

Estimated Mortgage

$67,057

Note: the above is only an estimate and is based on a down payment of 20% ($2,590,000) and a 30 year fixed mortgage at 6.73%.

Total Estimated
Monthly Cost

$78,524

$8.18 /ft² /mo

Nearby Subways

at Varick and North Moore 0.12 miles

at Thompson 0.17 miles

at Broadway 0.18 miles

at West Broadway 0.31 miles

at Lafayette and Duane 0.37 miles

Nearby Schools

Ps 130 Hernando De Soto
Grades: PK,KG,1,2,3,4,5
Ps 234 Independence School
Grades: KG,1,2,3,4,5,UG
Chelsea Career And Technical Education High School
Grades: 9,10,11,12
NYC iSchool
Grades: 9,10,11,12
Ps 89
Grades: PK,KG,1,2,3,4,5

Data courtesy of GreatSchools.org

Portfolio School
Grades: KG,1,2,3,4,5,6,7
The Washington Market School
Grades: PK,KG
Transfiguration Upper and Lower Campus
Grades: KG,1,2,3,4,5,6,7,8
Transfiguration School
Grades: PK,TK,KG,1,2,3,4,5,6,7,8
Olivet Academy
Grades: PK,TK,KG,1,2,3,4,5,6,7

Data courtesy of GreatSchools.org

Townhouse History

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Jan 4, 2025

Listed for $12,950,000 ($1,349 per ft²) by Grace Steel, Compass

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Pricing Comparison

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Listing courtesy of Compass

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.

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RLS IDX Data display by CityRealty.com, LLC. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.

All closed sales data has been provided by the New York City Department of Finance via the Automated City Register Information System (ACRIS). No warranty or representation is made as to the accuracy of any data provided by ACRIS or any other sources.

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273 Church Street

273 Church Street

Highlights

Key Features

Monthly Real Estate Taxes & Estimated Mortgage

Aerial Tour

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Nearby Schools

Townhouse History

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