300 21St St, New York, NY 10011
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.
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300 West 21st Street Apartment Building
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.