NEW YORK CITY-As investors continue to flock to Lower Manhattan, Cassidy Turley is marketing four commercial condominiums within Setai Wall Street at 40 Broad St. in the Financial District, GlobeSt.com has learned. “There is a lot of activity,” says David Lebenstein, senior managing director and principal at the brokerage, who is offering roughly 70,000 square feet on floors four through seven inside the class A building. Asking prices start at $375 per square foot—a price that he describes as a “bargain” compared to other Manhattan submarkets.

“If you look at the pricing, it is significantly more favorably priced than buying a commercial condominium in Midtown, which could range $550 to $750 a foot,” he says, noting that the units are attracting a whole host of potential users thus far. “It’s been a real mix. There has been foreign buyers, law firms, some nonprofits,” he adds.

Last year, floors four through seven inside the 33-story building were acquired by a joint venture of CTNY Investors, LLC, Declaration Management & Research LLC and Cassidy Turley shareholders from Waterbridge Capital for a rumored $10 million, according to Real Capital Analytics. The mixed-use building also consists of 159 residential units on floors 8-33 above, owned separately by Zamir Equities.