Gabriel Weiser pays $4.8M for office in Tribeca

Gabriel Weiser through the entity 132 W Broadway LLC paid $4.8 million to the entity Joy B, LLC for the office building (O2) at 132 West Broadway in Tribeca, Manhattan.
The deal closed on May 21, 2026 and was recorded on June 4, 2026. The property has 2,500 square feet of built space and 5,102 square feet of additional air rights for a total buildable of 7,603 square feet according to a PincusCo analysis of city data. The sale price per built square foot is $1,940 and the price per buildable square foot is $637 per the PincusCo analysis. (The price per square foot analysis is the transaction price divided by square feet as reported in public records and assumes no air rights have been sold.)
The signatory for the seller was Neil Bradley. The signatory for Gabriel Weiser was Gabriel Weiser. The contract date was March 19, 2026.

Prior sales, articles and revenue

Prior to this transaction, PincusCo has records that the buyer Gabriel Weiser purchased one property in one transaction for a total of $2.7 million and has no record it sold any properties over the past 24 months.
The seller Neil Bradley had not purchased any other properties and had not sold any properties over the same time period. The 2,500-square-foot property generated revenue of $161,825 or $65 per square foot, according to the most recent income and expense figures.

The property

The office building in Tribeca has 2,500 square feet of built space and 5,102 square feet of additional air rights for a total buildable of 7,603 square feet according to a PincusCo analysis of city data. The parcel has frontage of 25 feet and is 50 feet deep with a total lot size of 1,263 square feet. The lot is irregular. The zoning is C6-2A which allows for up to 6 times floor area ratio (FAR) for commercial and up to 6.02 times FAR for residential with inclusionary housing. The city-designated market value for the property in 2022 is $798,000.

Violations and lawsuits

There were no lawsuits or bankruptcies filed against the property for the past 24 months. In addition, according to city public data, the property has not received any significant violations in the last year.

Development

There are no active new building construction projects or major alteration projects with initial costs more than $1 million on this tax lot.

The neighborhood

In Tribeca, The bulk, or 47 percent of the 15.3 million square feet of commercial built space are office buildings, with elevator buildings next occupying 28 percent of the space. In sales, Tribeca has 1.9 times the average sales volume among other neighborhoods with $656.5 million in sales volume in the last two years and is the 17th highest in Manhattan. For development, Tribeca has 2 times the average amount of major developments relative to other neighborhoods and is the 14th highest in Manhattan. It had 3.2 million square feet of commercial and multi-family construction under development in the last two years, which represents 21 percent of the neighborhood’s built space. There were 109 pre-foreclosure suit filed among other office buildings in the past 12 months.

The block

On this tax block, PincusCo has identified the owners of four of the nine commercial properties representing 836,540 square feet of the 855,501 square feet. The largest owner is Stahl Real Estate, followed by Kenneth Maisler and then George D. Yancopoulos.
There are no active new building construction projects on this tax block.

The majority, or 96 percent of the 855,501 square feet of built space are office buildings, with elevator buildings next occupying 2 percent of the space.

The buyer

The PincusCo database currently indicates that Gabriel Weiser owned at least one commercial property in New York City with 1,268 square feet and a PincusCo-determined asset value of $3.3 million. The portfolio consists of at least a single retail property.

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