34 Leonard Street, New York


Tribeca, New York

Current Use:

Residential & Retail


40,000 Square Feet including 16 Luxury Apartments 5,000 Square Feet Retail Space Fronting West Broadway



Impeccably situated in New York’s renowned cultural district Tribeca, this luxury residential and retail building includes 16 luxury loft-living apartments with amenities including a gym, private wine cellar and landscaped roof terrace with BBQ area.

Investment rationale
Built as a Condominium to a very high-level specification, the project was foreclosed by its lender in the downturn in 2009.

Asset management opportunities
EPIC purchased the building in 2010 with a view to running it as a high-end rental building.

The retail space was leased to Starbucks, Dry Bar (a hair salon) and boutique clothing company Gloria Jewel.

The residential lets were all leased within 90 days at rents exceeding expectation and continue to provide an excellent income stream for the short and longer term.