821 6Th AveNew York, NY 10001

Property Details for 821 6Th Ave

Year built

1920

Property size (Sq ft)

7,832 SF

Property type

Retail properties

Property subtype

Retail space

Description

This exceptional 7,832 square foot storefront, located at 821 Avenue of the Americas in New York City's vibrant Nomad neighborhood, presents a unique investment and development opportunity. The property boasts 24.67 feet of frontage on a bustling commercial corridor, offering unparalleled visibility and access to high foot traffic. Currently configured as five units with 7,545 square feet of net rentable space, the existing structure provides immediate income potential. However, the true value lies in the significant development potential. Zoned C6-4X (R10X equivalent), the property allows for high-density commercial, residential, or mixed-use developments. With 11,288 square feet of air rights and a 19,120 square foot buildable square footage, vertical expansion is readily achievable. The 1,912 square foot lot provides a solid foundation for redevelopment, capitalizing on the area's high demand. Minutes from Penn Station and major subway lines, the property enjoys unparalleled accessibility. Surrounded by luxury hotels, top-tier dining, and corporate offices, this location is a magnet for commerce and culture within one of Manhattan's most dynamic neighborhoods. This is a rare chance to acquire a property in a prime location with both immediate income and substantial long-term growth potential.

Location Insight

City

New York

County

New York

State

New York

Latitude

40.7463

Longitude

-73.9903

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