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At the crossroads of history and modern commerce, 75 Murray Street stands as one of Tribeca's most distinctive and storied addresses. Known as the Bogardus Mansion, this extraordinary property was built in 1857-58 and showcases a striking cast-iron facade in the Venetian Renaissance style-an enduring testament to James Bogardus, a pioneer of cast-iron architecture.
Spanning approximately 15, 000 gross square feet (including 2, 500 square feet below grade), the building has played a meaningful role in New York City's commercial evolution. Originally home to the Hopkins brothers' glassware enterprise, it later became the headquarters of Knickerbocker Annunciator, a key supplier of elevator and electronic cable systems during a period of rapid urban expansion.
Today, the property is configured as a highly functional mixed-use asset. The basement, ground floor, and second floor are occupied by a restaurant tenant, providing stable, long-term commercial income. The third, fourth, and fifth floors consist of free-market residential apartments, offering flexibility for continued leasing, end-user occupancy, or a live/work configuration.
A thoughtful restoration in the mid-1990s transformed the property into a dynamic and adaptable space, preserving its architectural integrity while supporting modern use. The building continues to serve as both a workplace and a cultural venue, with its dramatic interiors lending themselves to private events and creative activations.
Positioned between West Broadway and Greenwich Street, 75 Murray Street sits in the heart of Tribeca-widely considered one of New York City's most coveted neighborhoods. Surrounded by world-class dining, boutique retail, and a thriving creative and business community, the location offers exceptional accessibility and long-term value.
Inside, modern infrastructure supports today's needs, including high-speed connectivity, updated systems, and flexible layouts that can accommodate a range of uses. This versatility makes the property equally compelling as an investment, an owner-occupied headquarters, or a hybrid live/work environment.
Rental Income Summary:
$32, 500/month $390, 000/year
$10, 000/month $120, 000/year
$10, 000/month $120, 000/year
$15, 000/month $180, 000/year
Total Rental Income:
$67, 500/month $810, 000 annually
This is a rare opportunity to acquire a trophy Tribeca asset offering stable commercial income, free-market residential upside, and exceptional flexibility. Whether as a pure investment, a flagship live/work headquarters, or a combination of both, 75 Murray Street represents a compelling blend of history, income, and future potential in one of New York City's hottest neighborhoods.
75 Murray Street is not simply a building-it is a legacy asset positioned for its next chapter.
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
$16,000,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $12,800,000 | $12,800,000 | $12,800,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.259% | 6.183% |
| Monthly Tax Payment | $10,317 | $10,317 | $10,317 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $72,677 | $77,774 | $108,014 |
| Total Monthly Payment | $83,119 | $88,216 | $118,456 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.