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    140 22Nd St New York, NY 10011

    Sponsored
    For Sale
    $4,500,000

    4,200 SF Retail Condo, Owner/User

    Property size:
    4,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 4,200 square foot ground floor retail condominium, located at 140 West 22nd Street in New York City's Chelsea neighborhood, is offered at $4,500,000. Situated between 6th and 7th Avenues, this C6-3A zoned property boasts 38 feet of glass frontage and 12-foot high ceilings. The space includes a full build-out featuring glass conference rooms, bathrooms, and a kitchen, along with recently updated mechanicals, HVAC, and boiler systems. An additional 1,800 square feet of dedicated basement storage is also included. This prime location benefits from high pedestrian traffic and is surrounded by strong co-tenancy, including well-known retailers such as West Elm, Pottery Barn, Home Depot, and Whole Foods. Previously occupied by a skincare training center, the space offers abundant plumbing and electrical throughout, making it ideal for a variety of uses. The property is perfect for both owner-users and investors seeking a strong foothold in a vibrant and desirable area of Manhattan. The building is located in a dense residential area with superior transportation access.

    Property Features for 140 22Nd St

    General Information

    Property type
    Day care centers
    Square Feet
    4,200 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Novamute Record Company Ikon Model Management Modeling Agency Greater NY-LI Chapter Social Services Organization The Committee For Hispanic Children ... Food Bank Committee For Hispanic Child Association / Organization

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    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
    -73.99488649964
    Latitude
    40.742918292277

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    FAQs

    What type of property is this?
    Day care center - 4,200 SF Retail Condo, Owner/User
    Where is this day care center located?
    The property is located at 140 22Nd St New York, NY.
    What is the asking price?
    The asking price for this property is $4,500,000.
    Request Owner's contact information
    140 22Nd St New York, NY 10011
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    New York, NY 10011
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    140 22Nd St New York, NY 10011
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