225 WEST 17 STREET

For Sale - Manhattan - Chelsea

$4,500,000

Net Operating Income: $303,505

Ic expand

Key Details

Property Type
Retail Condo
Neighborhood
Chelsea
Property Dimensions
50.0 x 110.0
Property Area
4,307 sq.ft.
Total Units:
1
Stories:
6
NOI
$303,505
Price
$4,500,000
Price Per Unit
$4,500,000
Cap Rate
6.7%

Listing Description

JLL has been exclusively retained to market the sale of 225 West 17th Street, a ground floor and lower level retail condominium located between Seventh and Eighth Avenue in Chelsea. The property consists of 1,359 square feet on the ground level and 2,948 square feet on the lower level and features high ceilings throughout - with 11-foot heights on the ground level and 22-feet on the lower level. Located in the heart of Silicon Alley, 225 West 17th Street is a prime location to benefit from the large influx of tech companies into New York and offers full flexibility for retail-owner occupants and investors alike.

Property Details

Block/Lot:
767/7506
Lot Dimensions
50.0 x 110.0
Lot Area
5,550 sq.ft
Zoning:
C6-2A
FAR as Built:
6.97
Max FAR:
6.5
Brock EmmetsbergerJLL
Contact Agent View Setup

Sales & Transactions

AddressSale PriceSale DateProperty Type
525 WEST 24TH STREET$14,062,50003/02/2018Retail Condo
525 WEST 24TH STREET$14,062,50003/02/2018Retail Condo
521 WEST 23RD STREET$5,100,00012/02/2016Retail Condo
125 WEST 21ST STREET$12,250,00009/15/2016Retail Condo
555 WEST 21ST STREET$8,344,00005/26/2016Retail Condo
543 WEST 25TH STREET$4,500,00011/24/2015Retail Condo
500 WEST 30TH STREET-09/18/2015Retail Condo
529 WEST 29TH STREET$10,600,00008/25/2015Retail Condo
137 WEST 25TH STREET$2,550,00005/14/2015Retail Condo
405 WEST 23RD STREET$1,285,00005/05/2015Retail Condo