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    Nomad Development Opportunity on Sixth Title is generated by Realmo AI

    821 6th Ave, New York, NY 10001

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    Prime Nomad location with redevelopment and expansion potential.

    Type:Retail
    Property size:
    7,832 SF
    Lot size:
    0.04 Acres
    Price / SF:
    $1,276/SF
    Added:
    Sep 18, 2024
    Days on Market:
    626
    Last Refresh:
    May 12 at 10:00 pm

    Property Features for 821 6th Ave

    General Information

    Standard status
    Active
    Size
    7,832 SF
    Lot size
    0.04 Acres
    Property subtype
    Retail

    Building Details

    Year Built
    1920

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    Listing Contact
    Lillian Gorbachincky

    Listing agent Lillian Gorbachincky License #10491212452

    Listing office Gorbachincky Real Estate

    Listing date Sep 18, 2024

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Gorbachincky Real Estate

    HighLights

    • Prime Nomad Location: High‑traffic area, close to Madison Square Park and major transportation.
    • Significant Development Potential: 19,120 buildable square feet and 11,288 square feet of air rights.
    • Flexibility: Not landmarked, providing creative freedom.
    • Existing Income Stream: 7,832 square feet of gross building area and 7,545 square feet of net rentable space.
    • Dynamic Neighborhood: Rapidly developing area attracting tech firms and upscale retailers.
    • Ideal for Various Uses: Suitable for luxury retail, boutique hotels, or corporate offices.

    Overview

    Located in the Nomad neighborhood of Manhattan, 821 Avenue of the Americas offers visibility and access with 24.67 feet of frontage along a commercial corridor. The property is positioned in one of New York’s rapidly developing areas, near Madison Square Park, hotels, dining, and corporate offices. Zoned C6-4X (R10X equivalent), the property allows for commercial, residential, or mixed-use developments. The 10 FAR provides the opportunity to maximize the 19,120 buildable square feet. With 11,288 square feet of air rights, the property is poised for vertical expansion. The current structure includes 7,832 square feet of gross building area and 7,545 square feet of net rentable space. The 1912 square foot lot size creates a foundation for expansion or redevelopment. The property is minutes from Penn Station and major subway lines. The Nomad neighborhood attracts tech firms, retailers, and hotels, and is known for its mix of historic architecture and modern development. Surrounded by landmarks like Madison Square Park and the Flatiron Building, this property benefits from being at the nexus of commerce, lifestyle, and innovation. With its central location, foot traffic, and redevelopment potential, 821 Avenue of the Americas is suited for retail, hotels, or corporate offices. This property offers the opportunity to create a development in one of Manhattan's fastest-growing districts for office, retail, or residential use.
    Location Intelligence

    Current Use by Public Records

    FancyWholesale.com Big Box & Wholesale Store Caro Hair Shop Clothing & Fashion Store Broadway Sun Ben ... Big Box & Wholesale Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9921643
    Latitude
    40.65891

    FAQs

    What type of property is this?
    Commercial land - Prime Nomad location with redevelopment and expansion potential.
    Where is this commercial land located?
    The property is located at 821 6th Ave New York, NY.
    What is the asking price?
    The asking price for this property is $10,000,000.
    What are key features of this property?
    This property features: Prime Nomad Location: High‑traffic area, close to Madison Square Park and major transportation.; Significant Development Potential: **19,120 buildable square feet** and 11,288 square feet of air rights.; Flexibility: Not landmarked, providing creative freedom.
    More about this property
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