725 SIXTH AVE , TOWNHOUSE

$15,000,000
Multi Family Townhouse

Property Description

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Introducing 725 Sixth Avenue - An incredible and rare opportunity to purchase a building in one of the most desirable locations in Chelsea! The building is positioned in the heart of the neighborhood with 25 linear feet of prime frontage on the heavily trafficked Sixth Avenue "big box" retail shopping corridor.

4 Stories 6,272 SF above grade 1,800 SF below grade 10,500 SF air rights massive ceiling heights

Centrally located to Madison Square Garden, Chelsea Piers, the Empire State Building, as well as the Chelsea, Murray Hill, Flatiron and Union Square shopping, dining and entertainment districts.

Current monthly payments are as follows (current income total of $47,000 and $64,000 Pre-Covid):

1st Floor
- Video store $27,000
- Locksmith $4,500

2nd Floor
- Vacant (1,800 SF open space loft)

3rd Floor
- First apartment (approx. 900 SF) $ 4,700
- Second apartment (approx. 900 SF) $3,800

4th Floor
- First office $3,500
- Second office $3,500

All leases are free market and the building can be delivered vacant upon request.

Contact us for a private showing!


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PROPERTY DETAILS

  • Interior
    8,072 Sq Ft.
  • Property Type
    Multi Family Townhouse
  • MONTHLY REAL ESTATE TAX
    $11,500
  • Year Built
    1920
  • MLS/Listing ID
    20865347

Amenities

  • Eastern Exposure
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LOCATION

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TRAVEL TIMEFROM725 Sixth Ave
TYPE OF TRANSPORTATION