62 47Th St New York, NY 10036

This exceptional 1,352 square foot commercial condominium unit is located in the heart of Manhattan's Diamond District at 62 West 47th Street, unit 706, zip code 10036. The property, situated on an 11,652 square foot lot, is a prime investment opportunity for both owner-occupiers and investors. Currently configured as five separate rooms, each is leased to a different tenant, generating a stable monthly rental income of $8,500. The property can be delivered vacant upon request. Building amenities include 24-hour security. Importantly, the building's regulations stipulate that units must be used for jewelry-related businesses only. This industrial/office/retail space presents a unique blend of income-generating potential and a desirable location within a thriving commercial hub. The property's size and layout offer flexibility for various uses within the permitted industry. The asking price is $1,622,400. This is a rare opportunity to acquire a well-located, income-producing commercial condominium in a highly sought-after area of Manhattan. The property's ceiling height is noted as "Other" in the provided information.