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Staff Residence 69 Gold St

90 Unit Apartment Building $61,088,223 CAD ($678,758 CAD/Unit) New York, NY 10038

Executive Summary

C&W has been exclusively retained to offer for sale 69 Gold Street in the Financial District neighborhood of Manhattan in New York, NY. The offering features a 17-story elevatored multifamily property with over 165’ of frontage along the east side of Gold Street, north side of Ann Street and south side of Beekman Street. The property consists of 90 apartments and ground floor office space. There are 52 studios, 31 one bedroom and 7 two bedroom units. The building allows for additional apartments, amenities and the opportunity to add ground floor retail. The offering presents a rare opportunity for a new investor to acquire a FULLY FREE MARKET elevator building in Manhattan at a price point significantly below replacement cost. The units themselves have already been gutted (all kitchens, bathrooms, and flooring) allowing a buyer to come in and immediately start renovations. There is ample space to add amenities and create a brand new luxury rental or condo building. The building also has two roof decks that have views of downtown, uptown, the east river, Brooklyn skyline and Brooklyn Bridge. All of the one and two bedroom apartments have large living room space with a separate room for the kitchens. Half of the units have large balconies with views of the river, uptown or downtown. The 17th floor was previously used for laundry/amenity space and it has 12’+ ceilings. One to three additional penthouse apartments can be added with private outdoor space on the 17th floor. 69 Gold Street is situated in the heart of Manhattan’s Financial District. The neighborhood is the financial center of the world. Many of the major financial institutions, including the New York Stock Exchange and the Federal Reserve are located in the neighborhood. The Financial District is tourist hub, with visitors coming to see the many attractions; The Bull, Oculus, 9/11 Memorial, One World Observatory, South Street Seaport, The Battery, Wall Street, Federal Hall National Memorial, Trinity Church, Stone Street, etc.

Property Facts

Price $61,088,223 CAD
Price Per Unit $678,758 CAD
Sale Type Investment
No. Units 90
Property Type Multifamily
Property Subtype Apartment
Apartment Style High Rise
Building Class C
Lot Size 2.62 AC
Building Size 79,079 SF
Average Occupancy 0%
No. Stories 17
Year Built 1973

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 52 - -
1+1 31 - -
2+1 7 - -
Walk Score ®
Walker's Paradise (100)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0093-0034
Land Assessment
$1,882,946 CAD
Improvements Assessment
$7,971,909 CAD
Total Assessment
$9,854,855 CAD

zoning

Zoning Code C6-4
C6-4
  • Listing ID: 33885710

  • Date on Market: 2024-11-15

  • Last Updated:

  • Address: 69 Gold St, New York, NY 10038

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