For Sale
$10,500,000

21 17Th StNew York, NY 10003

Historic 11,250 SF building, high potential.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional mixed-use property, located at 21 East 17th Street in New York City's Ladies' Mile Historic District, presents a unique investment opportunity. The 11,250 square foot building, constructed in 1915, features five stories and boasts a charming facade dating back to 1882. Currently at 20% occupancy, this Class C building offers significant upside potential. The property is zoned M1-5M, allowing for a Floor Area Ratio (FAR) of 5.0 for office/manufacturing and 6.5 for community facilities. There are no side yard requirements and a 20-foot rear yard. The building's permitted uses include business, mercantile, residential, and community facility options, providing flexibility for a variety of development scenarios. Concept designs showcase multiple layout options for retail spaces, including an elevator study. The lot dimensions are 25 feet by 97 feet, encompassing approximately 0.06 acres. The asking price is $10,500,000. Real estate taxes, as of August 1, 2023, were $169,926.16. The building's ceiling height is 11 feet. This property is ideal for an owner/user seeking a prime location in a thriving neighborhood with significant redevelopment potential. The building's versatility and advantageous zoning make it an attractive investment for both short-term and long-term growth. The Northwest corner of Union Square location provides excellent visibility and accessibility.

Highlights

  • Building Details: Five-story building plus contiguous lower level, approximately 11,250 rentable square feet (RSF).
  • Address: 21 East 17th Street, New York, NY.
  • Location: Northwest corner of Union Square.
  • Lot Size: 25' x 97', 0.06 acres; Block 846, Lot 16.
  • Zoning: M1-M5.
  • Real Estate Taxes: $169,926.16 (as of August 1, 2023).

Property Details for 21 17Th St

Property type
Specialty properties, Retail properties
Square Feet
11,250 SF
Class
C
Year Built
1915
Stories
5

Location Insight

City
New York
County
New York
State
New York
Latitude
40.7375479
Longitude
-73.9908109
21 17Th St, New York, New York

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
21 17Th St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message