34 Gansevoort St

Manhattan, NY

Location: Manhattan
Neighborhood: Meatpacking District
Status: Realized
Acquisition Date: April 2016
Date Sold: January 2021
Asset Type: High Street, Mixed-Use
Tenant(s): Rebecca Taylor
Gross Square Footage: 10,500
34 Gansevoort St is located in the red-hot Meatpacking District, home to Google’s NYC headquarters, Chelsea Market, Gansevoort Row, which features ultra-high-end retailers like Hermès and Brunello Cucinelli, and the new Restoration Hardware and Starbucks Roastery flagships. L3 acquired the property in 2016 in a joint venture with Arizona State Retirement System.  The building was partially leased at acquisition, so L3 leased the remaining vacancy and has positioned the asset for redevelopment upon rollover of the existing leases.

Property Highlights

  • Historic Building
  • ## FT of Frontage
  • ## FT Ceilings
  • Unique Architectural Elements
  • Prime Location
  • Single-Tenant Flagship Potential
  • Walk-Up Boutique Office

Leave a Comment