2 Thomas Street

2 Thomas Street, New York, NY 10007

  • For Sale Guidance Upon Request
  • Property Type VacantLand
  • Lot Size 0.16 Acre
  • Additional Rent Contact for pricing
  • Date Updated Oct 28, 2024
Located at the southwest corner of Thomas Street and Broadway in Tribeca, Manhattan, the property at 2 Thomas Street presents a unique mixed-use redevelopment opportunity. The site features approximately 65 feet of frontage along Broadway and 105 feet along Thomas Street.BKREA has been retained on an exclusive basis to arrange for the sale of 2 Thomas Street (“The Site”), a rare mixed-use redevelopment opportunity in the heart of the Tribeca neighborhood in Manhattan. The site is located on the southwest corner of Thomas Street and Broadway and boasts roughly 65 feet of frontage along Broadway and 105 feet along Thomas Street. In its current state, 315 Broadway (Lot 29) is a five-story landmarked building, while 2 Thomas Street (Lot 28) is a vacant two-story commercial building that formerly housed a McDonald's. The site will be delivered completely vacant, allowing prospective developers the opportunity to demolish the rear portion of 315 Broadway and the full building at 2 Thomas Street. The 6,779 square-foot lot is within the C6-4A (R10 equivalent) zoning district, allowing for an as-of-right FAR of 10.0 for either commercial or residential use, which translates to an as-of-right ZFA of 67,790. Additionally, due to its R10A overlay, a developer could increase residential density to 12.0 FAR with inclusionary housing bonuses, which the seller has already purchased, resulting in a maximum ZFA for the site of 81,348. Current ownership has obtained plans, conducted by Morris Adjmi Architects, that have received Landmarks Preservation Commission (LPC) approval. The project involves the restoration of the façade at 315 Broadway which is landmarked. It also involves the removal of the rear portion of the 315 building such that the land can be combined with the land at 2 Thomas Street to create an “L” shaped land parcel which includes the corner of Broadway and Thomas. The plans include a 20-story building with 81,313 ZFA and feature 76 units, with retail at the base of the building. All information regarding these plans is readily available in the data room. 2 Thomas Street is truly an exceptional opportunity, as its location positions the site to capitalize on Tribeca’s unparalleled demand drivers. The neighborhood is home to some of the city’s most popular restaurants, retail outlets, prominent schools, and scenic parks. Additionally, many residents benefit from the convenience of walking to work, with several of the city’s largest office buildings nearby. Furthermore, the site is within walking distance of several subway lines, including the 1, 2, 3, 4, 5, 6, J, Z, N, Q, R, and W, providing easy access throughout Manhattan and the outer boroughs.

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Attachments

Highlights

  • 1. Ideal Corner Frontage: The roughly 105 feet of frontage along Thomas Street and 65 feet along Broadway enable the creation of efficient floor plates.
  • 2. Approved Redevelopment: Ownership obtained approval for redevelopment plans conducted by Morris Adjmi Architects from the LPC.
  • 3. Additional Air Rights: Ownership has already purchased additional Inclusionary Housing Air Rights, allowing developers to capitalize on the full 12 FAR.
  • 4. Tremendous Light and Air: The corner positioning of the site ensures ample natural light and air, benefiting from exposure in three directions: north, south, and east.
  • 5. Favorable Tribeca Location: The site will allow developers to benefit from Tribeca’s exceptional neighborhood demand drivers.
  • 6. Prime Retail Frontage: The plans include retail at the base, enabling a prospective developer to capitalize on the premier Broadway retail corridor.

Contacts

broker

Bob Knakal

BKREA

Location

Getting Around

  • Walk Score ®

    100/100 Walker's Paradise
  • Transit Score ®

    100/100 Rider's Paradise
  • Bike Score ®

    85/100 Very Bikeable
Powered by Walk Score ®
  • City New York, NY
  • Neighborhood TriBeCa
  • Zip Code 10007
  • Market Manhattan

Points of Interest

  • Nassau Street & Frankfort Street at Southeast Corner

    0.28 miles

  • World Trade Center

    0.37 miles

  • Greenwich St & Vesey St

    0.42 miles

  • Fulton Street

    0.44 miles

  • Spring Street

    0.62 miles

  • Broad Street

    0.71 miles

  • East Broadway (F)

    0.79 miles

  • Broadway & Houston Street at Southeast Corner

    0.79 miles

  • Broadway & Houston Street at Northeast Corner

    0.82 miles

  • Houston Street & Lafayette Street at Southeast Corner

    0.82 miles

  • ChargePoint

    0.31 miles

  • Blink

    0.37 miles

  • Tesla Supercharger

    0.71 miles

  • Mobil

    1.60 miles

  • BP

    2.10 miles

  • Emporium

    2.26 miles

  • Gulf

    2.42 miles

  • American Quick Start Auto Center

    2.45 miles

  • Citgo

    2.55 miles

  • Shell

    2.55 miles

  • Park Fast

    0.20 miles

  • Speedy Park

    0.26 miles

  • SP+

    0.36 miles

  • Beekman Parking

    0.36 miles

  • Enterprise Ann Parking

    0.38 miles

  • iPark

    0.47 miles

  • Icon Parking

    0.56 miles

  • 88 Madison Street Parking

    0.56 miles

  • Christie Garage

    0.59 miles

  • Edison ParkFast

    0.67 miles

  • Duane Street Hotel

    0.11 miles

  • The Frederick Hotel

    0.19 miles

  • Roxy Hotel

    0.23 miles

  • Walker Hotel Tribeca

    0.24 miles

  • Warren Street Hotel

    0.27 miles

  • Best Western Plus Soho Hotel

    0.27 miles

  • Soho Garden Hotel

    0.29 miles

  • Four Seasons Private Residences New York Downtown;Four Seasons Hotel New York Downtown

    0.30 miles

  • Hotel Mulberry

    0.32 miles

  • JG Sohotel

    0.33 miles

  • Pret A Manger

    0.01 miles

  • Atomic Wings

    0.02 miles

  • Dunkin'

    0.02 miles

  • Burger King

    0.04 miles

  • Subway

    0.04 miles

  • Mon Cher Market

    0.07 miles

  • Hawa Smoothie

    0.09 miles

  • Burrito Mariachi

    0.09 miles

  • Akimoto Sushi

    0.09 miles

  • Maxwell's

    0.10 miles

  • New York Law School

    0.11 miles

  • Pace University

    0.32 miles

  • Transfiguration Roman Catholic School

    0.33 miles

  • Spruce Street School

    0.33 miles

  • Public School 23

    0.35 miles

  • Murry Bergtraum High School for Business Careers

    0.37 miles

  • Borough of Manhattan Community College

    0.39 miles

  • Weill Medical College of Cornell University

    0.39 miles

  • Public School 130

    0.40 miles

  • Public School 124

    0.42 miles

  • KinderCare

    0.29 miles

  • CPC Chung Pak Day Care Center

    0.30 miles

  • Swan

    0.53 miles

  • Metrokids Preschool

    0.59 miles

  • Bright Horizons

    0.98 miles

  • Downing Street Playgroup

    0.99 miles

  • Elements Preschool

    1.01 miles

  • District 13 Pre-K Center

    1.12 miles

  • Esciela Hispana Montessori

    1.14 miles

  • First Steps Academy

    1.15 miles

Frequently Asked Questions

How much does 2 Thomas Street cost?

The sale price for 2 Thomas Street is available upon request. Contact the listing broker for more information.

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Contact Listing Broker

broker

Bob Knakal

BKREA