39 Lispenard Street   Unit HOUSE

Excellent Investment Opportunity! 5% CAP Rate.
Two beautifully renovated loft buildings (326 Canal & 332 Canal/39 Lispenard) located on the northern edge of Tribeca.
Fully leased with 2 high traffic retail stores, 1 office and 10 gut renovated free market residential lofts. The five stunning lofts at 39 Lispenard range from 2150-4250SF with high ceilings.
Many lofts feature Poggenpohl and Valcucine kitchens and top of the line baths.
All the lofts have private key locked elevator access.
The five lofts at 326-332 Canal Street range from 1050-1300SF with high ceilings. They are all gut renovated and in mint condition. In addition, there is a large office space as well as the 2 retail stores.
The buildings have been meticulously maintained and updated.
Total Gross SF is ~34,350SF. The current rent roll is $1,509,540 and the current expenses are $331,947 (including real estate taxes, management and super). Canal Street is one of the busiest streets in NYC and is conveniently located near 12 subway lines