12-Story Chelsea Mixed Use Loft Building

New York, NY

For Sale

$24,500,000

OVERVIEW

LOCATION:
Chelsea, New York, NY 10001

Neighborhood: Chelsea

Asset Type: Mixed Use

Square Feet: 43,393

Stories: 12

Residential Units: 11

Commercial Units: 6

 

Description

Built in 1910, this 12-story loft building with 11 apartments and 6 stores consists of 43,393± SF. Last application to convert building to full residential use was rejected. IMD tenenats. Asking $600 per square foot.

 

$3 Million in building upgrades includes two new elevators; new lobby, entrance, and storefront; retail gutrenovated in 2015; new plumbing; new electric service and panels; new security cameras and intercom system; and fully sprinklered.

 

Nearby Transportation

Walking distance to the 28th Street Stations on the [1, N, R, W] trains.