209 7th Ave - Storefront Retail/Residential FOR SALE


New York, NY 10011- Chelsea
$5,750,000 USD
646-868-0013
209 7th Ave, New York, NY for Sale
$5,750,000 USD
Storefront Retail/Residential - FOR SALE
1/3
null | Request Cap Rate

209 7th Ave
New York, NY 10011
Chelsea


HIGHLIGHTS

  • 209 Seventh Avenue is a recently renovated, fully leased, four-story corner mixed-use property located in the heart of Chelsea.
  • The ground floor features a fully-vented restaurant space leased by Tziki until 2034.
  • The above floors are configured as five apartments, of which two are studios, and three are one-bedrooms.
  • The average residential rent is $4,648, with all units being registered as free market.
  • The property benefits from being tax class 2A protected, and is a perfect opportunity for an investor seeking turn-key, renovated investment property

OVERVIEW

Broker of Record Cory Rosenthal License # 10991237833, 10311210106 (NY) Matthews Real Estate Investment Services, Inc 575 5th Ave., Ste 2810 New York, NY 10017 (866) 889-0550

FOR SALE DETAILS

PRICE

$5,750,000 USD

PRICE/SF

$1,531 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1901

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.02 AC

LAND SF

941 SF

ZONING

R8A/C2-5

APN/PARCEL ID

0798-0001

ASK ABOUT THIS PROPERTY

Brock EmmetsbergerMatthews Real Estate Investment ServicesMore Info
646-868-0013

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Brock EmmetsbergerMatthews Real Estate Investment ServicesMore Info
646-868-0013

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.