246-248 10 AVENUE

For Sale - Manhattan - Chelsea

$25,950,000

Net Operating Income: Contact Agent

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Key Details

Property Type
Mixed Use
Neighborhood
Chelsea
Property Dimensions
25.0 x 86.0
Property Area
10,635 sq.ft.
Total Units:
15
Stories:
5
NOI
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Price
$25,950,000

Listing Description

246-248 Tenth Avenue are two contiguous mixed-use walkup buildings in the heart of West Chelsea. Recently renovated inside and out, these two buildings feature 15 apartments, of which, 14 will be free market (FM) and one is currently rent stabilized (RS). The free market apartments feature updated finishes and appliances in addition to spacious terraces for all 2BR and 3BR units. Residential rents currently average approx. $58/SF in a market that commands pricing well above $85/SF.

Property Details

Block/Lot:
722/3, 4
Lot Dimensions
24.67 x 100.0
Lot Area
4,965 sq.ft
Zoning:
R7B
FAR as Built:
4.31
Max FAR:
3.0
Brock EmmetsbergerJLL
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Sales & Transactions

AddressSale PriceSale DateProperty Type
203 10TH AVENUE$22,318,32007/12/2018Mixed Use
159 WEST 23RD STREET$7,000,00004/17/2018Mixed Use
125 WEST 16TH STREET$41,409,87904/05/2018Mixed Use
192 8 AVENUE$8,250,00012/16/2016Mixed Use
559 WEST 23RD STREET$4,600,00011/29/2016Mixed Use
130 TENTH AVENUE$10,581,81811/04/2016Mixed Use
155 WEST 18TH$2,341,97510/28/2016Mixed Use
137 WEST 19TH STREET$10,500,00009/30/2016Mixed Use
161 8 AVENUE$4,060,00008/30/2016Mixed Use
235 NINTH AVENUE$800,00008/23/2016Mixed Use