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American Bank Note Building 70 Broad St

3 Unit Apartment Building For Sale New York, NY 10004

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Executive Summary

• Historic 5-story 19,478 SF mixed-use, corner elevator building located in the heart of the Financial District
• Delivered VACANT
• Flexible zoning allows for multiple uses, including office, residential, social club, retail, and hotel
• Existing configuration: three commercial/office floors (1st floor, 2nd floor, and lower level). Three residential floors (3rd, 4th, and 5th floors) accessible by private elevator
• The property occupies the full blockfront along the west side of Broad Street between Beaver Street and Marketfield Street
• Special District: The Special Lower Manhattan District (LM) was established to enhance the vitality of Lower Manhattan, home of the city’s oldest central business district and a growing residential community.
• An assumable loan is also available to qualified buyers at an attractive 4.169% rate
Bid Deadline: Friday, December 6th, 2024 at 5:00 p.m. (ET)
Auction Date: December 13, 2024 at 11:00 a.m. (ET)
Subject to Bankruptcy Court Approval

Bankruptcy Sale-70 Broad St_Exclusive Offering Memorandum

Property Facts Under Contract

Sale Type	Investment	Building Class	A
Sale Conditions	Distress Sale	Lot Size	0.11 AC
No. Units	3	Building Size	22,195 SF
Property Type	Multifamily	No. Stories	5
Property Subtype	Apartment	Year Built/Renovated	1908/2008
Apartment Style	Mid Rise

Sale Type	Investment
Sale Conditions	Distress Sale
No. Units	3
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Mid Rise
Building Class	A
Lot Size	0.11 AC
Building Size	22,195 SF
No. Stories	5
Year Built/Renovated	1908/2008

Unit Mix Information

Description	No. Units	Avg. Rent/Mo	SF
2+3	3	-	4,439

1 of 1

Walk Score ®

Walker's Paradise (100)

Transit Score ®

Rider's Paradise (100)

Bike Score ®

Very Bikeable (82)

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.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number	0011-0015	Improvements Assessment	$4,881,571 CAD
Land Assessment	$1,280,916 CAD	Total Assessment	$6,162,487 CAD

PROPERTY TAXES

Parcel Number

0011-0015

Land Assessment

$1,280,916 CAD

Improvements Assessment

$4,881,571 CAD

Total Assessment

$6,162,487 CAD

zoning

Zoning Code	C5-5 (Central commercial district with continuous retail frontage intended for offices and retail establishments that serve the entire metropolitan region)
C5-5 (Central commercial district with continuous retail frontage intended for offices and retail establishments that serve the entire metropolitan region)