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304-306 Canal Street

304-306 Canal Street
New York, NY 10013
(212) 894-7992
Website
Retail, Residential, Leasing/Rental

The former Pearl Paint building on Canal Street between Broadway and Church Street offers 15,400 square feet of retail space over five stories, including 2,357 square feet on the ground floor. Vornado Realty Trust bought the building in 2014 from longtime owners the Sathue family. The $16.4 million deal was Vornados second retail acquisition on Canal Street south of Soho.

Vornados purchase was part of the slow transformation of the seven-block shopping district on Canal Street (from West Broadway to Centre Street south of Soho) from a discount stereo, perfume and knockoff handbag destination, into a more traditional retail area, as large owners buy up property.

-NE

  • Year Built 1910
  • square feet 12,060
  • block and lot 1-00210-0018
  • BIN 1002715
  • Event Sales
  • Building Name 304-306 Canal Street
  • Address 306 Canal Street
  • Neighborhood Tribeca
  • Borough Manhattan
  • Price $ 16,400,000
  • Price per foot $ 1,384.00
notes
The property sold for $16.4 million, or $1,384 per square foot. 5-story mixed-use bldg
  • Event Sales
  • Address 304-306 Canal Street
  • Neighborhood Tribeca
  • Borough Manhattan
  • Price $ 16,400,000
  • Publication Date 09/01/2014
  • Event Date 07/18/2014
  • Party 1 Brokerage Will Suarez