129 20Th StNew York, NY 10011

Property Details for 129 20Th St

Property size (Sq ft)

4,370 SF

Zone code

C63A

Property type

Retail properties

Property subtype

Retail space

APN

00796-1201

APU

7961201

Description

This exceptional 1,900-square-foot retail space is ideally situated at 129 W 20th St in the vibrant Chelsea neighborhood of Manhattan. The property features a ground floor and lower level, offering a versatile layout perfect for a variety of retail businesses. Zoned C6-3A, this single-tenant space benefits from its prime location, just steps from the beautifully landscaped Chelsea Green Park. The area boasts exceptional foot traffic and is surrounded by a diverse mix of high-profile tenants, including Barry's Bootcamp, Whole Foods Market, West Elm, Trader Joe's, and numerous other popular brands. This ensures high visibility and a strong customer base. Convenient access to public transportation is a key advantage, with the 1 & 2 trains at 18th Street, the F & M trains at 23rd Street, and several bus lines (M55, M7, M20, & M23) all within easy reach. The property's location between 6th and 7th Avenues further enhances its accessibility and appeal. This is a rare opportunity to secure a thriving retail space in one of Manhattan's most sought-after neighborhoods. The property is located in New York County, New York, with a zip code of 10011.

• CAP approach

  CAP return

  Valuation

  6%

  $1,062,062

  6.5%

  $980,365

  7%

  $910,339

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,438,880

  Geo Method

  $1,438,880

• Alternative Use

  Use

  Valuation

  Residential

  $826,975

  Hospitality

  $757,505

  Educational

  $630,235

  Medical

  $651,910

  Retail

  $980,365

Location Insight

City

New York

County

New York

State

New York

Latitude

40.7418

Longitude

-73.9954

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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