TriBeCa
Commercial Real Estate
Manhattan's most exclusive neighborhood where historic cast-iron buildings meet luxury living. We specialize in off-market TriBeCa transactions for discerning investors.
Median Home Price
Prime Retail Rent
Avg. Cap Rate
Landmark Buildings
TriBeCa Submarkets
Deep expertise across all TriBeCa micro-markets and historic building types.
Historic Core
Cast-iron loft buildings between Canal and Chambers. Prime residential and boutique retail.
Avg. Rent
$90-$120/SF
Cap Rate
4.5-5.5%
West Broadway Corridor
High-street retail spine with ground-floor restaurants and boutiques above.
Avg. Rent
$150-$300/SF retail
Cap Rate
4.5-5.0%
Hudson River Waterfront
Modern development along the waterfront with office, residential, and hotel uses.
Avg. Rent
$75-$95/SF
Cap Rate
5.0-5.5%
City Hall Adjacent
Northern TriBeCa bordering City Hall. Government and professional services tenancy.
Avg. Rent
$55-$70/SF
Cap Rate
5.5-6.0%
TriBeCa Property Inventory
Loft Buildings
Avg: 50,000 SF
PremiumLuxury Retail
Avg: 3,500 SF
StableMixed-Use
Avg: 75,000 SF
StrongBoutique Office
Avg: 30,000 SF
Recent TriBeCa Transactions
Representative deals from our TriBeCa portfolio.
Why Invest in TriBeCa?
Ultra-High-Net-Worth Residents
TriBeCa has among the highest household incomes in the country. This wealthy residential base supports premium retail rents and service businesses.
Historic Architecture Scarcity
Many TriBeCa buildings are landmarked, limiting new supply and protecting the neighborhood's character. Scarcity supports values and attracts preservation-minded buyers.
Family-Friendly Urban Living
Excellent schools, parks, and safety make TriBeCa the top choice for wealthy families. This demographic stability reduces tenant turnover and supports long-term values.
Trophy Restaurant Scene
World-class restaurants like Nobu, Locanda Verde, and The Odeon draw diners from across the city, supporting foot traffic and street-level activity.
TriBeCa Real Estate FAQ
What makes TriBeCa unique for commercial real estate investment?
TriBeCa combines historic cast-iron architecture with one of NYC's wealthiest residential populations. The neighborhood attracts luxury retail, high-end dining, and boutique office tenants. Limited supply of buildings combined with strong demand creates low cap rates and stable values. Many properties carry landmark protections that limit supply and protect character.
What are typical cap rates for TriBeCa commercial properties?
TriBeCa commands some of Manhattan's lowest commercial cap rates at 4.5% to 5.5%. Trophy mixed-use buildings with luxury residential and prime retail can trade below 4.5%. The premium reflects the neighborhood's desirability, limited inventory, and high-net-worth tenant base. Waterfront and newer properties may trade at slightly higher rates.
What types of retail tenants succeed in TriBeCa?
TriBeCa retail favors high-end dining, specialty boutiques, and family-friendly concepts serving affluent residents. Successful tenants include upscale restaurants, designer boutiques, artisanal food shops, and premium fitness studios. The neighborhood resists mass-market retail, maintaining an exclusive, neighborhood feel that commands premium rents.
Are there office conversion opportunities in TriBeCa?
TriBeCa's office-to-residential conversion opportunity is largely realized - the neighborhood pioneered loft conversions in the 1970s-90s. Today, few pure office buildings remain. However, some mixed-use properties may have commercial components suitable for optimization. Contact us to evaluate specific properties and rezoning potential.
Own a TriBeCa Property?
Get a confidential valuation and learn about current buyer demand for your TriBeCa asset. Our network includes family offices, luxury retail operators, and hospitality investors.