109 - 111 West 24th Street - Map blueView Map

For Sale - Manhattan - Chelsea

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Property Details:

Price: $29,000,000

Estimated Annual Income: None Provided

Property Type: Mixed Use

Lot Dimensions (ft): 50.0 x 114.58

Lot Area: 5,712 sq. ft.

Building Dimensions (ft): 50.0 x 115.0

Building Area: 42,670 sq. ft.

Zoning: C6-4X


Block/Lot: 00800/0033

BIN: 1014982

Building Class: L8

Stories: 7

Total Units: 12

Corner Lot: No

Buildings on Lot: 2

Year Built: 1902

Landmark: none

Has Garage: no

Year Last Altered: n/a

Residential Units: 0

Residential Area: 15600 sq. ft.

Floor Area Ratio:

Max FAR: 10.0

Useable Floor Area: 42,670 sq. ft.

FAR as Built: 7.47


Neighborhood: Chelsea

Historic District: n/a

Community District: 104

School District: 2

Census Tract: 91

109 - 111 West 24th Street

"This property is being offered through our registered broker/dealer affiliate, Cushman & Wakefield Securities, Inc. A seven-story loft building located in the heart of Silicon Alley on the north side of West 24th Street between Sixth and Seventh Avenues. The building consists of a ground floor retail unit, commercial lofts and two IMD tenants. With 50' of frontage and floor plates of 5,200 SF on the above levels, the site provides open floor plans and high ceilings throughout. The property is steps away from public transportation on a block where office rents are pushing into the mid $60/RSF. 109-111 West 24th Street benefits from mixed-use zoning and the majority of the property can be delivered vacant. The property is owned by a general partnership, the 56.25% general partner interest of which is held by a C-corporation. 100% ownership of the property will be conveyed via purchase of all of the outstanding shares of the C-corporation and the outstanding limited partnership interests."



Cushman & Wakefield