109-111 W 24th St - Loft/Creative Space FOR SALE


New York, NY 10011
$28,000,000 USD
786-300-2869
109-111 W 24th St, New York, NY for Sale
$28,000,000 USD
Loft/Creative Space - FOR SALE
1/34
null | 7.02% Cap Rate

109-111 W 24th St
New York, NY 10011


HIGHLIGHTS

  • 90' frontage Retail storefront - GREAT FOR FLAGSHIP
  • Renovated with brand new finishes, elevator, and electric
  • Incredible opportunity for leveraging CITY OF YES Initiative
  • Projected 7.02% cap rate with ability for an owner-end user option
  • Open floor plans or ability to subdivide

OVERVIEW

SERHANT. & Okada & Co, as the exclusive agents, are proud to present 111 West 24th Street in the coveted Flatiron NoMad neighborhood. 111 West 24th Street is a premier 46,560-square-foot, 7-story office and retail building offering an exceptional blend of timeless architecture and modern design. Key features: $5,000,000 in recent renovations delivering space in white box condition Modern interiors with elevator and add value opportunity with rooftop deck Ideal for flagship retail with 90' of frontage Exposed brick with large triple window exposures and hardwood floors Large keyed elevator International marketing exposure on the largest streaming platform, Netflix With state-of-the-art interiors and a classic façade, this building is thoughtfully equipped with an elevator and a rooftop deck, providing an unmatched experience for tenants and owner end users alike. Its strategic location, just one avenue from Madison Square Park, the Flatiron Building, and the Empire State Building, connects seamlessly to the vibrant Chelsea and Flatiron neighborhoods. KEY WORD SEARCHES : skylight, natural light, high exposed ceilings, exposed brick, polished concrete floors, storage area, tenant controlled central AC, HVAC after hours, meatpacking, creative, restaurant, cafe, venting, photography, architect, design, fashion, showroom, tech, technology, media, finance, financial, venture capital, private equity, trophy, high end, beautiful, amazing, spectacular, Alibaba, Apple, Audemars Piguet, Asics, Bally, Belstaff, Brunelli Cucinelli, Catch, Chelsea Market, Diane von Furstenberg, Fjallraven, Frame, Gansevoort Hotel, Giorgio Armani, Google, Gucci, High LIne, Hermes, Intermix, Kiehl's, Palantir, The Kooples, Live Nation, Loro Piana, lululemon Athletica, Marni, Patagonia, Rag & Bone, Restoration Hardware, Rolex, Samsung, Soho House, Standard Hotel, Starbucks Reserve, Tesla, Theory, Vans, Vince, Whitney Museum of American Art

FOR SALE DETAILS

PRICE

$28,000,000 USD

PRICE/SF

$601 USD /SF

CAP RATE

7.02%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Storefront Retail/Office, Office/Residential, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

7

BUILDING CLASS

B

YEAR BUILT

1902

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,711 SF

ZONING

C6-4X/M1-6

APN/PARCEL ID

0800-0033

ASK ABOUT THIS PROPERTY

Jade ShenkerSerhantMore Info
786-300-2869

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Jade ShenkerSerhantMore Info
786-300-2869

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.