Mixed-Use Property For Sale

Highlights:

• PRIME CHELSEA LOCATION - Located on the north side of West 19th Street in the vibrant Chelsea neighborhood, this six-story mixed-use building offers unmatched visibility and accessibility.
• PROTECTED LIGHT AND AIR - The neighboring co-op is built to 55% of the property's lot coverage on the upper floors, allowing for additional light & air on the fourth, fifth, and sixth floors.
• ELEVATORED BUILDING - The building is equipped with an elevator for easy access to all floors, providing convenience for both commercial and residential spaces.
• VACANT FLOORS - With ground floor vacancy and available loft spaces on the second, fourth, and fifth floors, the property provides ample opportunities for creative commercial or personal uses.
• HIGH CEILINGS - Some floors feature over 10-foot ceilings, contributing to the spacious and open feel, ideal for a variety of businesses or creative endeavors.
• FIBER OPTICS THROUGHOUT- Fully equipped with Pilot fiber optic wiring on every floor, ensuring high-speed internet access for modern tenants.
• PRIVATE PENTHOUSE - The top floor has potential for a luxury penthouse with expansive living space and a large private outdoor terrace-an exceptional urban retreat.

Description:

THE OPPORTUNITY
The 3rd Floor Office is under lease until 9/1/2025, the 6th floor penthouse is under lease until 5/31/2025. The balance of the property will be delivered vacant.

LOCATION - North side of West 19th Street, between Sixth & Seventh Avenues
UNIT MIX - (1) ground floor retail unit, (4) floor through office units, (1) free market penthouse apartment
UNIT STATUS - The 3rd floor office is occupied. The 6th floor penthouse is occupied. The remainder of the building is vacant.
RENTABLE SQUARE FOOTAGE - 13,863 SF (approx.)
GROSS SQUARE FOOTAGE - 11,160 SF (approx.)
ZONING / FAR - C6-3A/ 6.0, R-9A/ 7.52
LOT DIMENTIONS - 20.42' x 92' (approx.)
TOTAL ZFA / AVAILABLE AIR RIGHTS - Total ZFA: 14,127 (SF Approx.) Available Air Rights: 2,967 (SF Approx.)

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