August 7, 2019
Avison Young’s Tri-State Investment Sales Group is marketing two retail condominiums totaling 7,733 square feet on two floors at 90 William St. in the Financial District. The asking price is $6.25 million.
James Nelson, head of tri-state investment sales, is marketing the offering on behalf of the current tenant and owner, a religious institution, along with director Brent Glodowski and associate Carter Lovejoy.
“This offering presents investors with an opportunity to acquire and re-tenant two impeccably located retail condos in the heart of one New York’s largest commercial hubs,” Nelson said. “Alternatively, the property is perfectly positioned for a user to purchase and operate their own concept with minimal initial improvement costs.”
The retail condos sit at the base of a 17-story residential condo building. Area retailers benefit greatly from the foot traffic generated by a multitude of office workers, residents and tourists.
For comments, questions or concerns, please contact Paul Bubny