Property profile

300 21St St New York, NY 10011

OFF-MARKET
Retail properties & Spaces
25,924 SF Built 1930
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Property summary

AI-generated overview

This exceptional retail property, located at 300-302 W 21st St, New York, NY 10011-3373, presents a unique investment opportunity in the heart of Chelsea. The single-building property, constructed in 1930, encompasses 25,924 square feet and features 35 individual suites, ideal for multiple tenants. Situated on a 0.12-acre lot, the building benefits from a C1-6A zoning designation. Its prime location in Chelsea offers unparalleled visibility and accessibility, attracting significant foot traffic from both residents and tourists. The area is renowned for its vibrant mix of high-end boutiques, trendy restaurants, art galleries, and cultural landmarks, including the High Line and Chelsea Market. This ensures a diverse and affluent customer base for any business operating within the property. The building includes an elevator for convenient access to all floors. This property represents a rare chance to acquire a well-positioned retail asset in one of Manhattan's most desirable and dynamic neighborhoods. The property's proximity to major attractions and thriving residential areas guarantees consistent high foot traffic and strong tenant demand. This is an exceptional opportunity for investors seeking a high-return investment in a prime Manhattan location.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1930
Total area 25,924 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Building
  • HVAC Service General Contractor

Location

300 21St St New York, NY 10011
New York metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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