101 7Th AveNew York, NY 10011

Property Details for 101 7Th Ave

Year built

1920

Lot size

0.05 AC

Property size (Sq ft)

7,250 SF

Zone code

C4-5

Property type

Retail residential properties

APN

00591-0019

APU

5910019

Description

This exceptional retail condominium opportunity presents a substantial 56,870-square-foot storefront located at 101 7th Avenue in the vibrant Chelsea neighborhood of Manhattan, New York County, NY 10011. The property is a single-tenant space, currently entirely vacant, offering a unique chance for a large-scale retailer or a business seeking significant square footage in a high-traffic area. The building's total square footage mirrors the vacant space, indicating a complete and ready-to-occupy environment. Its location within the bustling Chelsea district provides unparalleled access to a dense population and high foot traffic, making it an ideal location for a variety of retail ventures. The property's size and prime location represent a rare opportunity for a business seeking to establish a significant presence in one of Manhattan's most sought-after neighborhoods. This is a single-tenant space, offering a cohesive and easily managed layout. The property is categorized as a retail storefront, perfectly suited for businesses requiring high visibility and direct street access. The address is 101 7th Avenue, New York, NY 10011. This is a substantial retail space ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $1,486,316

  6.5%

  $1,371,984

  7%

  $1,273,985

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,468,292

  Geo Method

  $1,468,292

• Alternative Use

  Use

  Valuation

  Residential

  $1,371,984

  Hospitality

  $1,256,730

  Educational

  $1,045,584

  Medical

  $1,081,544

  Retail

  $1,626,464

Location Insight

City

New York

County

New York

State

New York

Latitude

40.7331

Longitude

-74.0028

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].