111 West 17TH
| Website: | https://www.nestseekers.com/5515129 |
|---|---|
| Address: | 111 W 17th St New York, NY 10011 |
| Ownership: | Building |
|---|---|
| Type: | Mixed Use |
Financials
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
| !TEMPLATE!group.thumb!VAR! | Phone: 9179681365 |
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100 Riverside Blvd, New York, NY Phone: +1 646-681-8811 |
