This exceptional 12,320 square foot, four-story elevator building at 241 West 14th Street presents a significant value-add opportunity in Manhattan's coveted West Village. Built in 1847 and renovated in 2007, this historically and architecturally significant property boasts a prime location at the intersection of the West Village, Meatpacking District, and Chelsea, ensuring high foot traffic and strong neighborhood fundamentals. The C6-2A zoned property sits on a 3,011 square foot lot and offers flexible use options, currently configured as an apartment building and restaurant. The building features a commercial kitchen, a rear garden, and a rooftop deck, providing significant outdoor space. Excellent public transportation access is available via multiple subway lines (1, 2, 3, A, C, E, L, F, & M). The property's versatility allows for various uses, including retail, office, or conversion to single or multi-family residential. This presents a unique chance to capitalize on strategic lease-ups, tenant repositioning, and capital improvements to maximize cash flow. The asking price is $14,995,000.
Highlights
$14,995,000 asking price for a value-add opportunity.
Prime West Village location at the crossroads of the Meatpacking District and Chelsea, with high foot traffic and excellent public transportation access (1, 2, 3, A, C, E, L, F, & M subway lines).
12,320 square feet, flexible use options including retail, office, or residential conversion; features a commercial kitchen, rear garden, and rooftop deck.
Historically significant 1874 building offering substantial value-add potential through lease-ups and capital improvements.
Elevator building.
Significant outdoor space including a garden and a deck.
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Contacts
Michael Gembecki
Andrew Berry
CHARLIE GRAVINA
Bobby Carrozzo
Evan Lush
Jason Greenstone
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241 14Th St, New York, New York, 10011
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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241 14Th St
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