The Fotis Group at Marcus & Millichap Closes Sale of 47 Broadway for $12,250,000

The Fotis Group at Marcus & Millichap has just closed 47 Broadway aka 23 Trinity Place, a rare five-story block through mixed-use building in the heart of The Financial District. Located between Rector Street and Morris Street, the property benefits its close proximity to The New York Stock Exchange, Battery Park, One World Trade Center & Whitehall Terminal.

 The property totals 27,640 square feet and no air rights. Uniquely features retail spaces on both Broadway and Trinity Place. The building, formerly home to TGI Fridays and China Chalet, was delivered vacant.

 

 

47 Broadway traded at $12,250,000. Matt Fotis, Robert Aaron, & Jonathan Zarin were involved with the transaction. 

Buyer: Broadway Trinity LLC

Seller: 47 Bway Acquisition Corp

Broker: Matt Fotis, Robert Aaron, & Jonathan Zarin – The Fotis Group at Marcus & Millichap