asking price: $3750000
Prime Chelsea Office Co-Op For Sale 127 West 24th Street – 5th Floor Cooperative New York, NY 10011 Building Information: Location: Block/Lot: Lot Size: Lot Area: Building Stories: Building Dimensions: Landmark Status: Zoning:
North Side of West 24th Street between Sixth and Seventh Avenues 800/23 50’ x 116’ (Approx.) 5,800 SF (Approx.) 7 50’ x 100’ None M1-6
Office Co-Op Information: Square Footage: Monthly Monthly Monthly Monthly Monthly
Maintenance: Refuse: Assessment: Insur. (Proj.): Misc. (Proj.):
4,445 Gross SF (Approx.) 5,600 Rentable SF (Approx.) $3,737 $112.50 $208 $417 $371
A fifth floor commercial cooperative unit located in the burgeoning Midtown South office market. The space comprises approx. 4,445 SF (5,600 RSF) and benefits from 9’ ceiling heights, tremendous light and air, and an open loft feel. Originally constructed in 1904, the building is a seven story office co-op that is zoned M1-6 and is home to a mixture of professional tenants. Highlights on the block include major capital improvements to the adjacent property at 119 West 27th Street, where office rents are asking over $60/SF. This property will be delivered vacant, making it an ideal opportunity for both investors and end users alike.
ASKING PRICE: $3,750,000
For Additional Information, Please Contact Exclusive Sales Agents: Robert A. Knakal Chairman [email protected] 212-696-2500 x7777
Brock Emmetsberger First Vice President of Sales [email protected] 212-696-2500 x7776
Jonathan Hageman Sales Team Manager [email protected] 212-696-2500 x7773
Billy Simons Senior Associate [email protected] 212-696-2500 x7794
The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.
North Side of West 24th Street between Sixth and Seventh Avenues 800/23 50’ x 116’ (Approx.) 5,800 SF (Approx.) 7 50’ x 100’ None M1-6
Office Co-Op Information: Square Footage: Monthly Monthly Monthly Monthly Monthly
Maintenance: Refuse: Assessment: Insur. (Proj.): Misc. (Proj.):
4,445 Gross SF (Approx.) 5,600 Rentable SF (Approx.) $3,737 $112.50 $208 $417 $371
A fifth floor commercial cooperative unit located in the burgeoning Midtown South office market. The space comprises approx. 4,445 SF (5,600 RSF) and benefits from 9’ ceiling heights, tremendous light and air, and an open loft feel. Originally constructed in 1904, the building is a seven story office co-op that is zoned M1-6 and is home to a mixture of professional tenants. Highlights on the block include major capital improvements to the adjacent property at 119 West 27th Street, where office rents are asking over $60/SF. This property will be delivered vacant, making it an ideal opportunity for both investors and end users alike.
ASKING PRICE: $3,750,000
For Additional Information, Please Contact Exclusive Sales Agents: Robert A. Knakal Chairman [email protected] 212-696-2500 x7777
Brock Emmetsberger First Vice President of Sales [email protected] 212-696-2500 x7776
Jonathan Hageman Sales Team Manager [email protected] 212-696-2500 x7773
Billy Simons Senior Associate [email protected] 212-696-2500 x7794
The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.
