117-119 West 21st Street
NEW
Rare Vacant Development Site/User-Redevelopment Opportunity In The Heart Of Chelsea
117-119 West 21st Street $34,300,000
Property Type: Development Location: New York, New York Neighborhood: Midtown Sub-District: Chelsea Number of Units: 2 Square Footage: 34,312
117-119 West 21st Street is a superb development/redevelopment opportunity in a premier location that straddles the Chelsea and Flatiron Districts and commands a midblock, ideally residential site bounded by the major retail thoroughfares of Sixth and Seventh Avenues. The existing vacant 4-story building is built full on the 98’9” deep lot and consists of ±18,608 square foot (including usable basement) plus 18,088 square feet of additional air rights. It also includes a substantial double curb cut which could add value to a future redevelopment of the property. While the structure could be repositioned and redeveloped by an end-user, the highest and best use would probably involve an Alt-1 conversion with demolition of a large portion of the structure. A reciprocal egress with the adjacent property on 22nd Street must also remain intact. To that end, current ownership has filed plans for just such a development which can be made available for a prospective purchaser’s review. Ownership believes their plans will be approved at, or shortly after the closing of this potential sale.
PREVIOUS (/PROPERTIES/116-119-AND-108-SOUTH-STREET/?PROPERTIES_TYPE=FOR_SALE) NEXT (/PROPERTIES/121416-AND-18-MESEROLE-STREET/?PROPERTIES_TYPE=FOR_SALE)
Listing Contact Info Brian Ezratty (/people/brian-ezratty) Vic e Chairman 212.499.7700
email (mailto:[email protected])
Scott Ellard (/people/scott-ellard) Vic e President, Information Tec hnology and Financ ial Servic es 646.658.7322
email (mailto:[email protected])
Location
Photos
(https://easternconsolidated.s3.amazonaws.com:443/../images/property(https://easternconsolidated.s3.amazonaws.com:443/../images/propertygalleries/117-119%20West%2021st%20Street/117galleries/117-119%20West%2021st%20Street/117119%20West%2021st%20Street%20Aerial%202.jpg) 119%20West%2021st%20Street%20Aerial.jpg)
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Contact Us (/company/contact/) Privacy Policy (/company/privacy-policy/) © 2014 Eastern Consolidated. All Rights Reserved.
Rare Vacant Development Site/User-Redevelopment Opportunity In The Heart Of Chelsea
117-119 West 21st Street $34,300,000
Property Type: Development Location: New York, New York Neighborhood: Midtown Sub-District: Chelsea Number of Units: 2 Square Footage: 34,312
117-119 West 21st Street is a superb development/redevelopment opportunity in a premier location that straddles the Chelsea and Flatiron Districts and commands a midblock, ideally residential site bounded by the major retail thoroughfares of Sixth and Seventh Avenues. The existing vacant 4-story building is built full on the 98’9” deep lot and consists of ±18,608 square foot (including usable basement) plus 18,088 square feet of additional air rights. It also includes a substantial double curb cut which could add value to a future redevelopment of the property. While the structure could be repositioned and redeveloped by an end-user, the highest and best use would probably involve an Alt-1 conversion with demolition of a large portion of the structure. A reciprocal egress with the adjacent property on 22nd Street must also remain intact. To that end, current ownership has filed plans for just such a development which can be made available for a prospective purchaser’s review. Ownership believes their plans will be approved at, or shortly after the closing of this potential sale.
PREVIOUS (/PROPERTIES/116-119-AND-108-SOUTH-STREET/?PROPERTIES_TYPE=FOR_SALE) NEXT (/PROPERTIES/121416-AND-18-MESEROLE-STREET/?PROPERTIES_TYPE=FOR_SALE)
Listing Contact Info Brian Ezratty (/people/brian-ezratty) Vic e Chairman 212.499.7700
email (mailto:[email protected])
Scott Ellard (/people/scott-ellard) Vic e President, Information Tec hnology and Financ ial Servic es 646.658.7322
email (mailto:[email protected])
Location
Photos
(https://easternconsolidated.s3.amazonaws.com:443/../images/property(https://easternconsolidated.s3.amazonaws.com:443/../images/propertygalleries/117-119%20West%2021st%20Street/117galleries/117-119%20West%2021st%20Street/117119%20West%2021st%20Street%20Aerial%202.jpg) 119%20West%2021st%20Street%20Aerial.jpg)
(https://easternconsolidated.s3.amazonaws.com:443/../images/propertygalleries/117119%20West%2021st%20Street%202/117119%20West%2021st%20Street%20Aerial%203.jpg)
Contact Us (/company/contact/) Privacy Policy (/company/privacy-policy/) © 2014 Eastern Consolidated. All Rights Reserved.
