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635 W 42nd St - Atelier
3,018 - 22,500 SF Retail Condo Units Offered at $5,000,000 - $15,000,000 Per Unit in New York, NY 10036
Executive Summary
Nestled just north of the dynamic Hudson Yards, the neighborhood surrounding 42nd St in NYC pulsates with an energy uniquely its own, beckoning entrepreneurs and investors alike to stake their claim in its bustling landscape. With its proximity to Times Square, the allure of this area is undeniable, offering a blend of modernity and history that captures the essence of midtown NYC. The area offers an eclectic mix of world-class dining establishments, high-end boutiques and theater venues. The allure of this neighborhood is palpable, promising endless possibilities for those with a keen eye for investment. Significant public art such as Vessel; dynamic cultural institutions including The Shed; Edge, the tallest observation deck in the Western hemisphere; modern residences; 14 acres of public plazas, gardens and groves; and the world’s first Equinox Hotel.
Property Facts
| Price | $5,000,000 - $15,000,000 | Building Class | A |
| Unit Size | 3,018 - 22,500 SF | Floors | 46 |
| No. Units | 3 | Typical Floor Size | 32,463 SF |
| Total Building Size | 373,671 SF | Year Built | 2007 |
| Property Type | Multifamily | Lot Size | 1.02 AC |
| Property Subtype | Apartment | Parking Ratio | 0.4/1,000 SF |
| Price | $5,000,000 - $15,000,000 |
| Unit Size | 3,018 - 22,500 SF |
| No. Units | 3 |
| Total Building Size | 373,671 SF |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | A |
| Floors | 46 |
| Typical Floor Size | 32,463 SF |
| Year Built | 2007 |
| Lot Size | 1.02 AC |
| Parking Ratio | 0.4/1,000 SF |
3 Units Available
Unit RETAIL
| Unit Size | 3,018 SF | Condo Use | Retail |
| Price | $5,000,000 | Sale Type | Investment |
| Price Per SF | $1,656.73 |
| Unit Size | 3,018 SF |
| Price | $5,000,000 |
| Price Per SF | $1,656.73 |
| Condo Use | Retail |
| Sale Type | Investment |
Sale Notes
CALL FOR OFFERS
Kassin Sabbagh Realty (KSR) has been retained to arrange for the sale of this Market Retail Condo space located at 635 West
42nd Street, positioned at the base of the esteemed Atelier condominium skyscraper. Situated in one of Manhattan’s most coveted locations, this Retail Condo offers unparalleled visibility and potential for savvy investors. Boasting a spacious layout of 3,018 square feet – the property presents an ideal canvas for diverse retail endeavors. Currently leased to West Pier Market, this is a rare opportunity to acquire a prime commercial property in the heart of Manhattan with a secure tenant in place.
635_W_42nd_Retail fp
Unit Garage
| Unit Size | 22,500 SF | Condo Use | Retail |
| Price | $8,500,000 | Sale Type | Investment |
| Price Per SF | $377.78 |
| Unit Size | 22,500 SF |
| Price | $8,500,000 |
| Price Per SF | $377.78 |
| Condo Use | Retail |
| Sale Type | Investment |
Sale Notes
CALL FOR OFFERS
Kassin Sabbagh Realty (KSR) has been retained to arrange for the sale of the Parking Garage Retail Condo located at 635
West 42nd Street – entrance on West 43rd Street, is positioned at the base of the esteemed Atelier condominium skyscraper.
Situated in one of Manhattan’s most coveted locations, this Garage Retail Condo Space offers unparalleled visibility and
potential for savvy investors. A rare opportunity to acquire a prime commercial property in the heart of Manhattan with a
potential for stable cash flow and capital appreciation, this Parking Garage at 635 West 42nd Street represents a lucrative
investment opportunity for discerning investors
Unit Event Spac
| Unit Size | 13,000 SF | Condo Use | Retail |
| Price | $15,000,000 | Sale Type | Investment |
| Price Per SF | $1,153.85 |
| Unit Size | 13,000 SF |
| Price | $15,000,000 |
| Price Per SF | $1,153.85 |
| Condo Use | Retail |
| Sale Type | Investment |
Sale Notes
CALL FOR OFFERS
Kassin Sabbagh Realty (KSR) has been retained to arrange for the sale of this Retail Condo space located at 635 West 42nd
Street, positioned at the base of the esteemed Atelier condominium skyscraper. Situated in one of Manhattan’s most coveted locations, this Retail Condo offers unparalleled visibility and potential for savvyinvestors. Boasting a spacious layout spanning 13,000 SF with an impressive 110-foot frontage on 42nd Street, the property presents an ideal canvas for diverse retail endeavors. Currently leased to LAVAN New York event space, renowned for its exceptional design concepts and bespoke experiences catering to brands, agencies, organizations, and individuals. With a recently signed ten+ year lease and two additional successful locations in New York City, LAVAN New York adds significant value to this investment opportunity. This luxurious ground floor event space was established exclusively for private, social events, weddings, product launches, corporate events, art exhibits, Bar Mitzvahs, Bat Mitzvahs, fundraisers, charities, private concerts, fashion shows, international conferences, corporate meetings, birthdays, Quinceaneras & Sweet 16, awards ceremonies and press events. Its interior is a modern, luxurious and high tech white canvas with ample space to design any type of event environment. The Main Room boasts a 20-foot-high ceilings surrounded by 145' of seamless projection mapping. Lavan Midtown can accommodate from 1 to 800 guests, and is fully equipped with a full chefs catering kitchen, audio visual equipment, VIP green rooms and built in bars. Lavan Midtown is fully ADA accessible and compliant with all commercial permits. A rare opportunity to acquire a prime commercial property in the heart of Manhattan with a secure tenant in place and potential for stable cash flow and capital appreciation, this Retail Condo at 635 West 42nd Street represents a lucrative investment opportunity for discerning investors.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 403 | - | 546 - 758 |
| 2+1 | 70 | - | 850 |
| 2+2 | 5 | - | 700 - 1,024 |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Washer/Dryer Hookup
- Hardwood Floors
- Stainless Steel Appliances
- Wheelchair Accessible (Rooms)
Site Amenities
- Clubhouse
- Concierge
- Courtyard
- Fitness Center
- Picnic Area
- Playground
- Tennis Court
- Basketball Court
- Breakfast/Coffee Concierge
- Doorman
- Dry Cleaning Service
- Gameroom
- Grill
- Volleyball Court
- Wi-Fi
- Elevator
zoning
| Zoning Code | C6-4/CL (C6 districts permit a wide range of high-bulk commercial uses requiring a central ¬location) |
| C6-4/CL (C6 districts permit a wide range of high-bulk commercial uses requiring a central ¬location) |
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635 W 42nd St - Atelier
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