Featured Listing
2,000sf 10th floor, Lease term 3-5 yrs, Vacant, Office space, Right off of the Passenger elevator. Hardwood floors, 2 windows facing Broadway and great views.
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Soho, NYC, mixed-use building for sale $9.5 m. $633 per SF. [Contact for more information]
Description: 15,000 SF. five story elevator-ed Gorgeous brick building in fantastic SoHo location. Building has been completely gut-renovated. Fully built and fixtured restaurant on Lower Level, Ground, Second floor. Building will be delivered vacant. Incredible opportunity for luxury residential conversion. |
W 20s Chelsea building for sale $8.5 m $472 per SF [Contact for more information]
Description: Commercial Building for sale. 18,000 sf a 6 story, 40f wide, 6 unit building, located in the Chelsea gallery Neighborhood. contains a total above grade square footage of approximately 18,000 sf. The loft-type commercial floor-through units 2nd to 6th floors, available air rights. All units have great light and 11f ceilings, with the exception of the 2nd floor which has 12f ceilings. Can be delivered vacant the building poses an excellent opportunity for a user/converter. Asking Price: $8,500,000 |
W 32nd St. Coney Island Boardwalk. Brooklyn, NY Land for Sale, Development site [Contact for more information]
Description: Unique location right on Coney Island Boardwalk. First line from the sea. Lot size 40x155. Zoning R5. Excellent possibility for building a condo upto 11,000 sq.ft. Owner can finance. Motivated seller.
Asking Price: $900,000 negotiable
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West 17th Street, Chelsea NYC. for sale $8 m [Contact for more information]
Description: Mixed-Use Investment Building for sale, Live Plus Income Building
A 6 story, 20f wide, 5 unit (restaurant, 3 commercial floors and a residential duplex), mixed-use building, located in the Chelsea Neighborhood. Erected in 2000, the subject property is located on the north side of West 17th Street, contains a total above grade square footage of approximately 10,500 sf. The building consists of a turn-key restaurant on the ground floor and basement with a lease until 11/14 and its current rent is $174,000 per annum, loft-type commercial floor-through units on the 2nd, 3rd and 4th floors, and a residential duplex with a 20f deck off the 5th floor rear and access to a wooden rooftop area. The 3rd floor commercial tenant has a lease until 12/12 The building is zoned C6-2A which is an R8A equivalent with an FAR of 6.02, allowing approximately 1,900 square feet of available air rights. All units have great light and 10f ceilings, with the exception of the 2nd floor which has 12f ceilings. Actual/Projected Revenue: $538,400 (Appx.), Projected Net Operating Income: $565,000 (Appx.). Given that 4 floors can be delivered vacant the building poses an excellent opportunity for a user/converter. Asking Price: $8 mil
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East 19th Street, NY, NY, Broadway, Gramercy Park. [Contact for more information]
Description: Commercial Building for sale.
A 25f wide, 6 story plus basement, 6 unit, approximately 11,500 square foot commercial building with an elevator. The building has a newly renovated lobby with a fully automated elevator servicing all 6 floors and the basement. There are hardwood floors and new new double-pane windows throught the premise. Recently renovated with a residential sixth floor penthouse currently being added and would need to be completed. The building consists of a vacant night club on the ground floor and basement, four loft-type commercial floors with one being delivered vacant, and the sixth floor currently under construction into a residential penthouse. All prepurchased construction supplies will be itemized and are included in the sale of the property. The subject property is located on the north side of East 19th Street between Fifth Avenue and Broadway. The building is zoned M1-5 with an FAR of 5.0 allowing a total buildable square footage of approximately 11,500; all air rights have been used. All units have great light and 12f ceilings, with the exception of the ground floor floor which has 13f ceilings. Actual/Projected Revenue: $770,000 (Appx.), Projected Net Operating Income: $656,000 (Appx.). Given that the 4th and 6th floors along with the prime retail space will be delivered vacant the building poses an excellent opportunity for a user or investor. Asking Price: $9,200,000
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Soho, NY, Manhattan, Building for sale $8.2 m. $455 per square foot [Contact for more information]
Description: Commercial Building
A 5 story elevatored commercial loft building, and contains a total above grade square footage of approximately 18,000. The building currently has 2 retail stores on the ground floor. Floors two through five are being used commercially with one unit per floor. The building is zoned R8B with an FAR of 4.0 and is currently overbuilt meaning there are no available air rights. All floors, including the basement which is useable, have 11f ceilings and a freight elevator opening to the sidewalk. Actual/Projected Revenue: $650,000 (Appx.). Projected Net Operating Income: $510,000 (Appx.). Given that 5 floor can be delivered vacant the building poses an excellent opportunity for a user/investor. Asking Price: $8,200,000
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Soho, NYC, mixed-use building for sale -- $8,500,000 neg. [Contact for more information]
Description: A 6- story plus usable basement, mixed use building totaling approximately 12,000 square feet. There are fifteen residential units with two commercial spaces on the ground floor. New boilers and hot water systems have been installed, and plans have been filed to renovate 1,500 square feet of ground floor commercial space and 800 square feet of usable asement space; Therefore, a new owner has the option of renting out the entire ground floor 2,500 SF and basement 2,000 SF to a single tenant, or two tenants. The liquor license is transferable for a fee, so the location would be ideal for a bar/restaurant. |
East 40s Street, New York, NY, Third Avenue [Contact for more information]
Description: Mixed-Use User, Investor, Developer Building.
A 30f wide, four-story, approximately 10,000 SF commercial building. The first two floors of the building were previously a restaurant and many of the fixtures remain. The top two floors were most recently used as office space with windows on three sides. The building is as-of-right for commercial and/or residential use. The building will be delivered vacant at the time of sale, and will include approximately 12,000 SF of air rights. Asking Price: $7,000,000
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West 50s Street, New York, NY, Between Fifth and Sixth Avenues [Contact for more information]
Description: Mixed-Use Building, Live Plus Income Building
A 25\′ wide, seven-story, approximately 13,725 square feet mixed-use building. The building features eight large, recently renovated one-bedroom units that are individually metered for heat and electric. Of these eight apartments, one (the penthouse) is currently vacant, two are month to month tenants, four have lease expiration on 12.12 and one is set to expire on 4.13 All of these units are free market.The gross projected annual income is $578,400 with a projected NOI of $406,155. Asking Price: $7,600,000
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Lexington Avenue, New York, NY, Commercial Building [Contact for more information]
Description: A 39.58` wide, 5 story, approximately 12,274 sq. ft. commercial building with a manual elevator. Built in 1910, the building is located on the east side of Lexington Avenue between East 25th and East 26th Streets. The property is currently occupied by a medical supply company and used for retail sales, storage and distribution. The layout consists of the ground floor and basement used primarily for the retail sales and mail order distribution with an extension in the rear of the site having a lower and upper mezzanine area. The 2nd, 3rd, and 4th floors are built 39` x 60` having an open layout used primarily as storage space. The 5th floor which is set back 20` feet from the street is 39` x 40` and consists of a large open area. All floors are serviced by the manual elevator, have 12` ceilings (basement is 10`) and will be delivered vacant. This site is zoned C6-2A/R8A equivalent which has an FAR of 6.02 for commercial or residential. There are currently approximately 9,197 SF of available air rights. Since the property will be delivered vacant, it poses an excellent opportunity for a single user or for a developer as a commercial or residential project.
Asking Price: $6,900,000
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East 40s NY, NY Development-Conversion Site [Contact for more information]
Description: East 40s NY, NY Development/Conversion
The subject development site is a 50` x 100` lot consisting of a vacant 5-story commercial building and its available air rights yielding a total buildable footage of approximately 50,000 square feet based on an FAR of 10.0 as derived from the site`s C6-4 zoning designation. The zoning also qualifies for a potential 20% bonus in inclusionary air rights for the creation of low income housing, bringing the FAR up to 12.0. See zoning computation below. Asking Price: $19,000,000
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West 50s between Fifth and Sixth Ave Apartment Building [Contact for more information]
Description: A pre-war, elevatored apartment building conveniently located between Fifth and Sixth Avenue and have a total of 125 feet of frontage. Of the 64 apartments in the property, 44 are already free market, 17 are rent stabilized, and 3 are rent controlled. Several of the units have been recently renovated and plans are in place to combine the lobbies and add additional retail space. An entirely new elevator system has been installed within the last year and 95% of the windows have been replaced. There are presently four retail tenants in the property including two restaurants. Located right off Fifth Avenue, and only a short walk to Central Park, it would make a tremendous Midtown condominium in an attractive \"walk-to-work\" neighborhood. Asking Price:$58,000,000
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W 26th Street, New York, NY [Contact for more information]
Description: Sale Price: $39,000,000
Building Type: Class C Office, RBA: 90,010 SF, Typ Floor Size: 13,344 SF Stories: 6, Sale Type: Investment OR Owner/UserWest Chelsea Special District three doors down from the High Line, is approximately 90,010 rentable square feet on 6 floors not including a fully built-out roof deck. With an impressive 150+ feet of frontage on 26th Street, the 1st floor has 13,344 square feet of usable space. Starting on the 2nd floor and continuing through the 6th floor, there are rear setbacks
which result in up to 14,327 square feet of rentable space per floor. The ground floor has been lowered and the middle of the 2nd floor has been removed creating a sunken 1st floor with soaring 30+ foot ceilings. Between the ground floor and the 2nd floor there is a 6,519 rentable square foot mezzanine that has access from and a commanding view of the lower level. This configuration could be ideal for a new main entrance to a commercial space or a grand hotel.
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Brooklyn, NY Downtown multi-family Building for sale [Contact for more information]
Description: Sale Price: $5,800,000 Building Size: 14,100 SF, Cap Rate: 8.00%
Building Type: Apartment Units Year Built: 2009, 14,100 square foot newly constructed elevator building consisting of 18 residential apartments. Six stories include a penthouse floor with private terraces and a basement with fitness room, laundry, and an indoor garage with 11 parking spaces. Common courtyard at the back. Property is located on Avenue, two blocks to the “J”, “M”, and “Z” subway stop and six to the “L”. Completion scheduled for the fall of 2009. Will be delivered as a finished condominium building,
rental, or student housing facility (with a comprehensive business plan in place).
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Brooklyn, NY Investment Property, Brighton Beach Area [Contact for more information]
Description: Cap Rate: 9.0% , Zoning: C8-2, 52,000 SF, 2-story, elevatored commercial building on the busy block create non-stop pedestrian and automobile traffic. The property generates nearly $1,100,000 in gross income and with a net income of $874,000 the offering price represents a 9.0% capitalization rate. A savvy investor may see added value in approximately 20,000 SF of air rights the C8-2 zoning allows.
Asking price: $8,950,000
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ALTHOUGH ALL INFORMATION REGARDING PROPERTY FOR SALE, RENTAL OR FINANCING IS FROM SOURCES DEEMED RELIABLE SUCH INFORMATION HAS NOT BEEN VERIFIED, AND NO EXPRESS REPRESENTATION IS MADE NOR IS ANY TO BE IMPLIED AS TO THE ACCURACY THEREOF, AND IT IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE.Contact us today and get detailed up-to-date property survey that meets your criteria. Listings pages last updated on 12.04.2011
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