40 W 22nd St - Apartments CONDO FOR SALE


New York, NY 10010- Flatiron District
$2,600,000 USD
212-544-9500
40 W 22nd St, New York, NY for Sale
$2,600,000 USD
Apartments CONDO - FOR SALE
1/17
null | Request Cap Rate

40 W 22nd St
New York, NY 10010
Flatiron District


HIGHLIGHTS

  • Prime Flatiron District location with 35 feet of street frontage
  • Delivered vacant with flexible layout across two levels
  • High 14-foot ceilings ideal for retail or showroom use
  • Surrounded by top-tier universities, dining, and retail
  • Exceptional transit access with multiple subway lines nearby
  • Offered via bankruptcy sale with minimum bid of $2.2M

OVERVIEW

Bidding Deadline: July 7th, 2026 & Auction Date: July 14th, 2026 Positioned in the heart of Manhattan’s Flatiron District, 40 West 22nd Street presents a rare opportunity to acquire a 6,630-square-foot retail co-op through a bankruptcy sale. With 35 feet of prime street frontage between Fifth and Sixth Avenues, this property offers exceptional visibility and foot traffic in one of New York City’s most dynamic commercial corridors. The space includes 4,430 square feet above grade and an additional 2,200 square feet of fully built-out cellar space, currently configured as a school with classrooms, offices, and assembly areas across two levels. The property’s 14-foot ceiling heights and flexible layout make it ideal for a wide range of commercial uses, including retail, showroom, gallery, or deluxe professional office space. Delivered vacant, it allows for immediate occupancy or redevelopment. Located within walking distance of major landmarks such as the Flatiron Building, Empire State Building, Union Square, and Washington Square Park, the site benefits from unparalleled access to culture, dining, and entertainment. Nearby institutions like NYU, The New School, and St. John’s University further enhance the area’s vibrancy. Transportation access is exceptional, with proximity to multiple subway lines (1/2/4/5/6/N/Q/R/W/F/M) and a Walk Score of 100, classifying the location as a “Walker’s Paradise.” This asset is being offered at a minimum bid of $2,200,000, subject to bankruptcy court approval. Interested parties should inquire for official bid procedures.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$392 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

61,100 SF

STORIES

12

BUILDING CLASS

B

YEAR BUILT

1909

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

C6-4A

APN/PARCEL ID

0823-0065-00001-000-0000011

ASK ABOUT THIS PROPERTY

Victor SozioAriel Property AdvisorsMore Info
212-544-9500

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Victor SozioAriel Property AdvisorsMore Info
212-544-9500

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