244 23Rd StNew York, NY 10011
- Investment properties
- 2,798 SF
Property Details for 244 23Rd St
- Year built
- 1910
- Lot size
- 0.05 AC
- Property size (Sq ft)
- 2,798 SF
- Zone code
- C28A
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 00903-0037
- APU
- 9030037
Description
This exceptional 3,500-square-foot retail space is available for lease at 244 W 23rd St, in the vibrant Chelsea neighborhood of New York City, New York County (zip code 10011). The property is a single-tenant space, offering complete flexibility for a wide range of retail businesses. The entire 3,500 square feet is currently vacant, presenting a unique opportunity for a business to establish a prominent presence in this high-traffic area. The property's location within New York City offers unparalleled access to a diverse and densely populated customer base. The address, 244 W 23rd St, places the property within easy reach of various transportation options, ensuring convenient access for both employees and customers. This prime location within Chelsea provides excellent visibility and foot traffic, making it an ideal space for a business seeking maximum exposure. The property is classified as commercial retail, suitable for a variety of retail uses. This is a single-tenant occupancy, allowing for complete customization and control over the space. Serious inquiries are encouraged to explore the possibilities of this exceptional retail opportunity in one of Manhattan's most sought-after neighborhoods. The property is located at latitude 40.744669 and longitude -73.9973791.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $462,593
- 6.5%
- $427,009
- 7%
- $396,508
-
Comparable approach
- Method
- Valuation
- Relative Method
- $365,587
- Geo Method
- $365,587
-
Alternative Use
- Use
- Valuation
- Residential
- $529,491
- Hospitality
- $485,011
- Educational
- $403,523
- Medical
- $417,401
- Retail
- $627,703
Location Insight
- City
- New York
- County
- New York
- State
- New York
- Latitude
- 40.7379
- Longitude
- -73.9816
- 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
FAQs
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