241 14Th St New York, NY 10011
- Retail residential properties
- 8,689 SF
- 0.06 lot acres
Current Use by Public Records
- MRgreen RuUg Care / Corporate Office / Carpet Installer
- Morning Ritual nails & spa / Nail Salon / Facial Spa
Property Details for 241 14Th St
- Year built
- 1910
- Lot size
- 0.06 lot acres
- Property size
- 8,689 SF
- Zone code
- C16A
- Property type
- Retail residential properties
- APN
- 00896-0020
- APU
- 8960020
Description
This exceptional 12,320 square foot, four-story elevator building at 241 West 14th Street presents a significant value-add opportunity in Manhattan's coveted West Village. Built in 1847 and renovated in 2007, this historically and architecturally significant property boasts a prime location at the intersection of the West Village, Meatpacking District, and Chelsea, ensuring high foot traffic and strong neighborhood fundamentals. The C6-2A zoned property sits on a 3,011 square foot lot and offers flexible use options, currently configured as an apartment building and restaurant. The building features a commercial kitchen, a rear garden, and a rooftop deck, providing significant outdoor space. Excellent public transportation access is available via multiple subway lines (1, 2, 3, A, C, E, L, F, & M). The property's versatility allows for various uses, including retail, office, or conversion to single or multi-family residential. This presents a unique chance to capitalize on strategic lease-ups, tenant repositioning, and capital improvements to maximize cash flow. The asking price is $14,995,000.
Value Estimation
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9853
- Latitude
- 40.7328
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
