213-219 W 23rd St - Apartments CONDO FOR SALE


New York, NY 10011- Chelsea
$18,212,716 USD
918-510-6765
213-219 W 23rd St, New York, NY for Sale
$18,212,716 USD
Apartments CONDO - FOR SALE
1/10
null | 6% Cap Rate

213-219 W 23rd St
New York, NY 10011
Chelsea


HIGHLIGHTS

  • Generational Real Estate – High-Traffic Manhattan Location
  • Rare Triple-Net Lease in Manhattan
  • Significant Tenant Investment – Scaled, Multi-Level Fitness Facility

OVERVIEW

Surmount is pleased to present the exclusive listing for Gym U NYC located at 213 West 23rd Street, New York, NY. The site consists of roughly 27,000 rentable square feet of building space. Gym U NYC is subject to a 10-year net lease which commenced 10/01/2022 and has over 6 years remaining. The current base rent is $786,763 with scheduled increases of 3% annually. In addition, the tenant pays monthly percentage rent bringing the total NOI to $1,092,763. Reach out to listing agents for additional details.

FOR SALE DETAILS

PRICE

$18,212,716 USD

PRICE/SF

$675 USD /SF

CAP RATE

6%

# OF UNITS

1

CONDO SIZE

-

% LEASED

100%

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

27,000 SF

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1903

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

C6-2

APN/PARCEL ID

0773-1101

ASK ABOUT THIS PROPERTY

Daniel PriceSurmountMore Info
918-510-6765

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Daniel PriceSurmountMore Info
918-510-6765

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