Mixed Use - 1 Commercial & 8 Apartments

220 West 16th Street, New York, NY

$7,350,000

Price

6,250 sqft

Building Size

2,581 sqft

Lot Area

Overview
Building Size
6,250 sqft
Lot Area
2,581 sqft
Units
9
Zoning
R8B
Usable Air Rights
4,078 sqft
Price Per Unit
$887,777.78
Floors
5
Description

Brax Realty is the exclusive broker representing the sale of 220 West 16th Street.
Located in the heart of the Chelsea, 220 West 16th Street is located between 7th Avenue & 8th Avenue and within a few blocks from the A,C,E,L,1,2,3 Subway and 1 block from the Google Building. The 5 story walkup consists of +/- 6,250 SF with 8 Apartments and 1 Commercial Space. The lease for the commercial space expires in November of 2018 and there is a full usable basement.

Highlights
  • Mixed Use Building in the heart of Chelsea
  • 8 Apartments & One Store with Full Basement
  • 8 Large One-Bedroom Units
  • Long Term Ownership -35 Years
  • Tax Class - 2B
  • 4,078 Sq/Ft in Additional Usable Air Rights

Location
Gallery