For Sale
$4,980,000

129 20Th StNew York, NY 10011

Prime Chelsea location, vacant, 5,141 SF.

Overview

Added:
Dec 11, 2024
Days on market:
124
This exceptional retail condominium, located at 129 West 20th Street in Manhattan's vibrant Chelsea neighborhood, presents a compelling investment opportunity. The property boasts 5,141 square feet of space, including 4,370 square feet on the ground floor and an additional 771 square feet in the basement. With approximately 40 feet of frontage on West 20th Street and 13-foot ceiling heights on the ground floor, this space offers significant flexibility. The layout can be easily divided into two separate storefronts, catering to a variety of retail uses. Currently vacant, this allows for immediate customization to suit the needs of both investors and end-users. The property is zoned for Use Group 6 on both the ground floor and basement levels. Natural rear light is provided by rear-facing windows. The building benefits from low carrying costs. This prime location offers excellent co-tenancy, including well-known businesses such as Barry's Bootcamp, Muze Salon, and Kleinfeld Bridal, ensuring high foot traffic and visibility. Its central Chelsea location provides easy access to three subway lines (1, 2, and PATH), maximizing accessibility for customers and employees. The asking price is $4,980,000, translating to $968.68 per square foot. This fee-simple ownership opportunity is ideal for those seeking a strong return on investment in a highly desirable Manhattan location.

Highlights

  • Prime Chelsea retail condominium, 5,141 SF total.
  • ~40' of frontage on West 20th Street.
  • 13' ceilings on the ground floor.
  • Low carrying costs.
  • Divisible space; two potential storefronts.
  • Excellent location near 1, 2, and PATH subway lines.

Property Details for 129 20Th St

Property type
Retail properties, Retail space
Square Feet
5,141 SF
Units
1

Location Insight

City
New York
County
New York
State
New York
Latitude
40.7417868
Longitude
-73.9953832
129 20Th St, New York, New York

FAQs

What type of property is this?
Retail property - Prime Chelsea location, vacant, 5,141 SF.
Where is the retail property located?
The property is located at 129 20Th St New York, NY.
What is the asking price?
The asking price for this property is $4,980,000.
What are key features of this property?
This property features: Prime Chelsea retail condominium, 5,141 SF total.; ~40' of frontage on West 20th Street.; 13' ceilings on the ground floor.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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129 20Th St
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