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109-111 W 24th St
New York, NY 10011 Chelsea

$28,000,000 USD

Loft Creative Space For Sale  •  46,564 SF

Property Details

  • Property Type Loft Creative Space
  • Total Building Size 46,564 SF
  • Lot Size 0.13 AC
  • Building Class B
  • Year Built 1902
  • Tenancy Multiple
  • Zoning C6-4X/M1-6
100 Transit Score
99 Walk Score

Highlights

The building benefits from 90 feet of retail storefront frontage - great for flagship investment.
The subject has been renovated with brand new finishes, an elevator, and electric throughout.
This is an incredible opportunity for leveraging the CITY OF YES Initiative.
The sale has a projected 7.02% cap rate with ability for an owner/ end-user option.
There are open floor plans or the ability to subdivide.

Property Flyers

Amenities

  • Bus Line
  • Metro/Subway

Public Transportation

Commuter RailDriveWalkDistance
23 St (Path) (F - New York MTA Subway (The Subway), Hoboken-33rd Street - New York MTA Subway (The Subway), Journal Square-33rd Street - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway)) 2 min 1 min 0.1 mi
New York Penn Station (Njt) (Babylon Branch - Long Island Rail Road, Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Montauk Branch - Long Island Rail Road, Montclair-Boonton Line - Long Island Rail Road, Morris & Essex Gladstone Branch - Long Island Rail Road, Morris & Essex Morristown Line - Long Island Rail Road, North Jersey Coast Line - Long Island Rail Road, Northeast Corridor Line - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road, Port Washington Branch - Long Island Rail Road, Ronkonkoma Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 3 min 10 min 0.5 mi
Transit/SubwayDriveWalkDistance
23 Street (1,2 Line) (1 - New York MTA Subway (The Subway), 2 - New York MTA Subway (The Subway)) 1 min 3 min 0.2 mi
23 Street (N,R Line) (N - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) 2 min 5 min 0.3 mi
28 Street (1,2 Line) (1 - New York MTA Subway (The Subway), 2 - New York MTA Subway (The Subway)) 2 min 6 min 0.3 mi
28 Street (N,R Line) (N - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) 1 min 6 min 0.3 mi
23 Street (A,C,E Line) (A - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway), E - New York MTA Subway (The Subway)) 2 min 7 min 0.4 mi
AirportDriveWalkDistance
Laguardia 19 min - 9.4 mi
Newark Liberty International 22 min - 14.9 mi
John F Kennedy International 27 min - 17.4 mi
Jade Shenker 786-300-2869 Serhant
Jade Shenker 786-300-2869 Serhant