21 17Th StNew York, NY 10003
- Mixed-use properties
- 10,529 SF
Property Details for 21 17Th St
- Year built
- 1915
- Lot size
- 0.05 AC
- Property size (Sq ft)
- 10,529 SF
- Zone code
- M15M
- Property type
- Mixed-use properties
- Property subtype
- Retail residential properties
- APN
- 00846-0016
- APU
- 8460016
Description
This exceptional 11,250 square foot, five-story commercial building at 21 E 17th Street, near the corner of Broadway and Union Square in New York City, presents a unique opportunity. Currently offering 9,300 square feet of vacant space, divisible into units as small as 2,325 square feet, with a maximum contiguous space of 2,325 square feet. The building, constructed in 1915 and classified as Class C, features high ceilings ranging from 12 to 14 feet depending on the floor, offering ample natural light with windows on both the front and back. The property boasts a 2,614 square foot lot and is zoned M1-M5. While there are no elevators, the building's 11,300 total square feet are spread across five floors. The landlord is offering significant tenant improvements, including new bathrooms, flooring, and lighting. The landlord is also open to discussing partitioning and other build-out requirements. Property taxes are $15 per square foot. This location provides excellent access to public transportation and is situated in a vibrant, high-traffic area. Ideal for retail, office, or restaurant use, this property offers a rare chance to establish a presence in a prime Manhattan location. Inquire today to explore the possibilities.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,158,540
- 6.5%
- $1,992,499
- 7%
- $1,850,177
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,132,365
- Geo Method
- $2,132,365
-
Alternative Use
- Use
- Valuation
- Residential
- $1,992,499
- Hospitality
- $1,825,118
- Educational
- $1,518,477
- Medical
- $1,570,700
- Retail
- $2,362,075
Location Insight
- City
- New York
- County
- New York
- State
- New York
- Latitude
- 40.7375
- Longitude
- -73.9908
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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