546-548 WEST 29 STREET
ZONING DISTRICT C6-3 COMMERCIAL.
LAND USE INDUSTRIAL & MANUFACTURING.
50FT. X 98.75FT
LOT SQ FT. 4937.5 SQ FT.
FAR 5.0 INCREASE TO 7.5.
HIGH LINE AND AIR RIGHTS.
MULTI FACETED DEVELOPMENT SITE WHICH CAN OPERATE AS A FULLY LEASED COMMERCIAL PROPERTY CONSISTING OF 17,381 SQ.FT. 15,285 SQ. FT. OF OFFICE SPACE AND 4,465 OF RETAIL SPACE. ANNUAL NET INCOME $375.000. ADDITIONALY THE PROPERTY HAS AVAILABLE AIR-RIGHTS EQUIVALENT TO 17,000 SQ.FT. LOT DIMENSIONS:50FT X 98.75FT, STORIES: 4, YEAR BUILT: 1914
Location: 57 West 21st North Side of West 21st Street between Fifth & Sixth Avenues
Block: 823 Lot: 06
Lot Size: 23 X 98.75 (2,271.25)
Building Size: 23 X 95
Stories (Above Grade) 2
Gross Square Foot: 5,238
Assessment (05/06) $387,470.00
Real Estate Taxes: $42,610.00
Zoning/FAR: 6-4A /10 FAR-22,712 BSF
Property Description:
Built in 1936, this 2-story commercial building with Curb Cut currently contains a 2,271 ground floor, 16’ High Ceilings and 2 Mezzanines. Commercial loft unit of approx 2,271 SF 2nd fl, (usable basement), located in the Chelsea/ Flatiron neighborhood. There are a significant amount of new Residential/Commercial/Hotels & Retail developments in the area. Located 100 feet off of 6th Ave, making this building an excellent opportunity for a Retail User/Development Site. The site has approx, 22,712 square feet of air rights and located in the Ladies' Mile Historic District.
Permitted Uses: Commercial, light manufacturing, residential
Maximum FAR: 10 (2 FAR bonus for inclusionary housing)
Minimum Street Wall: 60 feet
Maximum Street Wall: 125 feet (or up to 150 feet to match adjacent, building) Maximum Building Height: 185 feet
NEW TO MARKET BLDG FOR SALE Lot Dimensions: 25 ft. x 98.75 ft
Lot SF: 2,468 sq. ft
Building Dimensions: 25 ft. x 87.75 ft
Building SF: 6,500 sq. ft
Office SF: 1,500 sq. ft
Storage SF: 5,000 sq. ft
FAR as built: 2,63
Max allowed FAR: 5.0 (7.5 with 1.25 HLTC & 1.25 IHB
SF under FAR: 12,068 sq. ft.
Stories: 3+ basement
Year built: 1930
EXCELLENT RETAIL OPPORTUNITY STEP FROM PEN STATION 2600SF OF GROUND FLOOR PLUS 1500SF MEZZANINE ALL USES WILL BE CONSIDER LOCATED ON WEST 30TH STREET BETWEEN 7TH & 8TH AVENUE
Location: 57 West 21st North Side of West 21st Street between Fifth & Sixth Avenues
Property Description:
Built in 1936, this 2-story commercial building with Curb Cut currently contains a 2,271 ground floor, 16’ High Ceilings and 2 Mezzanines. Commercial loft unit of approx 2,271 SF 2nd fl, (usable basement), located in the Chelsea/ Flatiron neighborhood. There are a significant amount of new Residential/Commercial/Hotels & Retail developments in the area. Located 100 feet off of 6th Ave, making this building an excellent opportunity for a Retail User/Development Site. The site has approx, 22,712 square feet of air rights and located in the Ladies' Mile Historic District.
Permitted Uses: Commercial, light manufacturing, residential
Maximum FAR: 10 (2 FAR bonus for inclusionary housing)
Minimum Street Wall: 60 feet
Maximum Street Wall: 125 feet (or up to 150 feet to match adjacent, building) Maximum Building Height: 185 feet
2nd Floor (1 Flight up )
*Hard Wood Floors
*New HVAC
*BA
*Sprinkler system
Neighboring tenants:
Briggs Robinson, Peter Blum, Alona Kagan, Sean Kelly, Christopher Henry, Morgan Lehman
*In the last 2 years, Far West Chelsea has become the most Vibrant, Trendiest Destination for New Residential Developments, Night Life, Art Establishments, Galleries, Restaurants, Lounges & Clubs.
As well the rehabilitation of the High Line Corridor to become an elevated Park, from the Meat Market to 30th Street and 10th Ave
20‘S West By 10Ave
Area:Desirable West Chelsea by galleries, clubs, Starrett Lehigh Bldg etc.
Use: Most use considers, Galleries, Restaurant, Lounge, club.
Description:1 Story 25X100 2500 SF on Ground no column, sky light, , 2500 SF Roof, 1 Drive-in door.14’ceiling .
Estimated Re Tax:$14,000Annum
Lease Term: 10 Years 3.5% increase NNN
Rent: $10,500
Lease Commencement: Arranged
ID
