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    1 Coenties Slip

    1 Coenties Slip
    New York, NY 10004
    Retail, Leasing/Rental
    • Address 1 Coenties Slip
    • neighborhood Financial District
    • borough Manhattan
    • owner Bernstein Real Estate
    • owner entity 66 PEARL STREET HOLDI
    • floors 6
    • Year Built 1920
    • residential units 42
    • commercial units 1
    • total units 43
    • square feet 44,097
    • block and lot 1-00007-7501
    • BIN 1077806
    • Event Sales
    • Address 66 Pearl Street
    • Neighborhood Lower Manhattan
    • Borough Manhattan
    • Square feet 12,445
    • Price $ 19,000,000
    • Price per foot $ 1,526.72
    • Publication Date 07/01/2016
    • Event Date 05/15/2016
    • Party 1 Northwind Group
    • Party 1 Brokerage Cushman & Wakefield
    • Party 1 Broker Robert Knakal, Will Suarez, Jonathan Hageman
    notes
    The retail condominium sold for $19 million.
    • Event Sales
    • Address 66 Pearl Street
    • Neighborhood Financial District
    • Borough Manhattan
    • Price $ 30,100,000
    • Event Retail Leasing
    • Address 38 Water Street
    • Neighborhood Financial District
    • Borough Manhattan
    • Square feet 800
    notes
    The restaurant signed a 10-year lease.
    • Event Retail Leasing
    • Address 66 Pearl Street
    • Neighborhood Financial District
    • Borough Manhattan
    • Square feet 1,500
    • Publication Date 10/01/2009
    • Event Date 08/22/2009
    • Party 1 Bernstein Real Estate
    • Party 1 Brokerage In-house
    • Party 2 Fika Espresso and Chocolate Bar
    • Party 2 Brokerage Cornerstone Real Estate Advisers
    • Party 2 Broker Andrew Hawkins
    notes
    The Swedish-style coffee bar inked a 12-year lease for its third location. The reported asking rent was $144 per square foot.
    • Event Sales
    • Address 66 Pearl Street
    • Neighborhood Financial District
    • Borough Manhattan
    • Square feet 44,012
    • Price $ 19,000,000
    • Price per foot $ 431.70
    notes
    The five connected buildings sold for $19 million, which represents a capitalization rate of 5.2, a gross rent multiple of 11.5 and a per square foot price of $432. The property totals five commercial stores and 42 residential units, of which 22 are free market and 19 are rent-stabilized.
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