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725 Sixth Ave., New York, NY 10010

$15,000,000
Active Listing
Listing Details:
$15,000,000 Price
Multi-Family Townhouse Property Type
Chelsea Neighborhood
-- Beds
0 Baths
-- Approx. Sq. Ft.
$11,500 RET
Key Features:
Prewar
Description:

Introducing 725 Sixth Avenue - An incredible and rare opportunity to purchase a building in one of the most desirable locations in Chelsea! The building is positioned in the heart of the neighborhood with 25 linear feet of prime frontage on the heavily trafficked Sixth Avenue "big box" retail shopping corridor.

4 Stories 6,272 SF above grade 1,800 SF below grade 10,500 SF air rights massive ceiling heights

Centrally located to Madison Square Garden, Chelsea Piers, the Empire State Building, as well as the Chelsea, Murray Hill, Flatiron and Union Square shopping, dining and entertainment districts.

Current monthly payments are as follows (current income total of $47,000 and $64,000 Pre-Covid):

1st Floor
- Video store $27,000
- Locksmith $4,500

2nd Floor
- Vacant (1,800 SF open space loft)

3rd Floor
- First apartment (approx. 900 SF) $ 4,700
- Second apartment (approx. 900 SF) $3,800

4th Floor
- First office $3,500
- Second office $3,500

All leases are free market and the building can be delivered vacant upon request.

Contact us for a private showing!


Listing courtesy of Douglas Elliman Real Estate

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