17 WEST 24 STREET

For Sale - Manhattan - Flatiron District

$10,950,000

Net Operating Income: $684,076

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Key Details

Property Type
Mixed Use
Neighborhood
Flatiron District
Property Dimensions
26.0 x 60.0
Property Area
7,900 sq.ft.
Total Units:
5
Stories:
5
NOI
$684,076
Price
$10,950,000

Listing Description

JLL has been retained on an exclusive basis to arrange for the sale of 17 West 24th Street, a five-story commercial building on the north side of West 24th Street between 5th Avenue and 6th Avenue. The property is comprised of one retail unit and four units above. The subject property will be delivered vacant, and contains over 25,000 buildable square feet. Located steps from Eately and Madison Square Park, the property is incredibly accessible with subway entrances for the F, M, N, R, and W trains located at the end of the block. Since the 2013 renovations, Madison Square Park has seen a revitalization in new developments throughout the NoMad neighborhood. This is a perfect opportunity for an investor looking to redevelop a property or a user looking to occupy the retail space and occupy the offices above.

Property Details

Block/Lot:
826/28
Lot Dimensions
26.0 x 98.75
Lot Area
2,568 sq.ft
Zoning:
M1-6
FAR as Built:
3.08
Max FAR:
10.0
Brock EmmetsbergerJLL
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