For Sale
$2,500,000

124 18Th StNew York, NY 10011

1,724 SF Retail Condo, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
111
This exceptional Chelsea retail condo presents a lucrative investment opportunity. Located at 124 W 18th St, New York, NY 10011, this property boasts 1,724 square feet of ground floor retail space, complemented by an additional 800 square feet of basement area. Currently 100% occupied, the property offers immediate cash flow and strong potential for future appreciation. The asking price is $2,500,000, translating to a price per square foot of $1,450.12. The property is ideally suited for a variety of dry uses, making it an attractive option for both owner-occupiers and investors. The triple net (NNN) lease structure minimizes landlord responsibilities. The single tenancy simplifies management and provides a stable income stream. This prime Chelsea location offers high foot traffic and excellent visibility, ensuring strong potential for sustained success. The condo can be delivered vacant, providing flexibility for future tenants or owner-occupancy. This is a rare opportunity to acquire a high-performing retail property in a highly desirable New York City neighborhood. Don't miss out on this exceptional investment.

Property Details for 124 18Th St

Property type
Retail properties
Square Feet
1,724 SF

Location Insight

City
New York
County
New York
State
New York
Latitude
40.7401502
Longitude
-73.9962212
124 18Th St, New York, New York

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124 18Th St
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