50’ OF VALUABLE RETAIL FRONTAGE: The Property maintains an impressive 50’ of frontage along the bustling 7th Avenue corridor, allowing for enhanced retail visibility and accessibility. STRONG, IN-PLACE CASH FLOW: Prospective ownership will benefit from having an in-place, credit tenant that is generating approximately $583,283 in annual revenue. CREDIT TENANT W/ TERM: Williams Sonoma, BBB Rating with strong financial standing, has occupied the space since 2003 and has four (4) years of term remaining. UNDER MARKET LEASE: The current lease extension was executed during the pandemic at a discount to current market rates. As a result, there is embedded upside in the rent upon lease renewal due to the previous reduction and significant retail resurgence in Manhattan. RETAIL RECOVERY LEADING TO FUTURE UPSIDE: Chelsea has undergone a remarkable retail transformation to become a diverse and eclectic shopping destination, with an influx of high-end retailers, boutique shops and unique cultural experiences. This resurgence positions 110 Seventh Avenue to capitalize on the available upside in rent upon renewal. LUXURY CONSUMER BASE: Recently completed / upcoming large-scale residential developments have added hundreds of new luxury units to Chelsea, contributing to substantial growth in foot traffic in the neighborhood. EXCELLENT CONNECTIVITY: 110 Seventh Avenue is well positioned near multiple major subway stations servicing the A C E L 1 2 3 trains, which offer accessibility to all points of Manhattan.