Property
| Ownership: | Building |
|---|---|
| Type: | Mixed Use |
Financials
Licensed as 'Andy Kim'
111 West 17TH
Description
111 West 17th Street presents a rare opportunity to acquire an entire mixed-use investment building in one of Manhattan’s most sought-after locations. Positioned in the heart of Chelsea, this well-maintained property is fully occupied with excellent long-term tenants, with the exception of the vacant third floor offering immediate upside potential for an owner-user or additional rental income.
| Zoning District | C6-2A |
| Lot Area | 1,840 sq ft |
| Building Area | 8,900 sq ft |
| Current FAR | ~4.8 |
| Max As-of-Right FAR | 6.5 (commercial) |
| Max FAR with Bonuses | 15.0 |
| Unused Development Rights | ~3,000 – 18,700 sq ft |
| Building Details | 5 stories, built 1920 |
| Current Use | Mixed-use – retail/restaurant + commercial lofts + residential penthouse |
| Height Regulation | Sky exposure plane + tower setbacks (Special Midtown District) |
| Community Board | Manhattan CB4 |
Key Investment Highlights:
Prime Chelsea Location – Between 6th and 7th Avenues, near transit (F, M, L, 1, 2, 3 at 14th St)
Significant Upside – Vacant third floor ready for immediate income or owner occupancy
Development Potential – Substantial unused air rights available for transfer or future build-out
Stable Cash Flow – Fully occupied with long-term tenants in place
Exposures
- South
Neighborhood
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
