527 W 29th St
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527 W 29th St
10,717 SF 100% Leased Office Building New York, NY 10001 $7,750,000 ($723/SF)
Investment Highlights
- Exceptional Development / Residential Conversion Potential
- Architectural Plans & Well-Maintained Structure
- Irreplaceable Location
- Vacant Possession & Blank Canvas
- Rare Curb Cut
- Transportation Accessibility
Executive Summary
Avison Young has been exclusively engaged to offer for sale 527 West 29th Street (the “Property”), a four-story mixed-use commercial building situated on the north side of West 29th Street between 10th Avenue and 11th Avenues in the highly sought-after West Chelsea neighborhood. This to-be-delivered-vacant property offers remarkable development potential, positioned on a 25’ x 100’ lot.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
10,717 SF
Building Class
C
Year Built/Renovated
1900/2018
Price
$7,750,000
Price Per SF
$723
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
2,679 SF
Building FAR
4.00
Land Acres
0.06 AC
Zoning
C6-3, WCh - A wide range of high-bulk commercial uses requiring a central location
Amenities
- 24 Hour Access
- Kitchen
- Central Heating
- High Ceilings
- Natural Light
- Wi-Fi
- Hardwood Floors
- Air Conditioning
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Walk Score ®
Walker's Paradise (97)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Biker's Paradise (96)
PROPERTY TAXES
Parcel Number | 0701-0022 | Improvements Assessment | $755,550 |
Land Assessment | $191,250 | Total Assessment | $946,800 |
PROPERTY TAXES
Parcel Number
0701-0022
Land Assessment
$191,250
Improvements Assessment
$755,550
Total Assessment
$946,800
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527 W 29th St
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