The Reel

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Massey Knakal has been retained to sell the TriStar Portfolio, which includes 380-386 Broome Street, 9 Christopher Street and 55-59 & 61-63 Delancey Street (AKA 105 Allen Street and 142-44 Eldridge Street). The offering consists of five mixed-use, walk-up buildings in the most desirable downtown neighborhoods: The West Village, The Lower East Side, and NoLIta. The properties have been well maintained, eliminating the need for substantial capital expenditures. The TriStar Portfolio delivers to an investor an immediate and dominant downtown position. It stretches to 360’ of street frontage with a total of 100 residential units and 14 fully leased retail units. The Delancey Street property alone controls an entire block front with valuable exposure on Allen and Eldridge Streets. The retail supplies strong in-place cash flow with long term upside, while the residential offers great stability and future potential.

Click here for listing details.

Neighborhoods: Greenwich Village, NoLIta, Lower East Side/ Agents: Michael DeCheser, Robert Burton