358 West 23rd Street, Unit RETL
358 West 23rd Street, Unit RETL
$2,495,000
Studio
1
2
3,900
3,900
$640
Virtual Tour
Description
Motivated Seller - GROUND LEVEL with BASEMENT Commercial/condo Ground space for sale in Chelsea, NYC. Not the entire building, just the commercial space is for sale. Due to its prime location, the restaurant has made cameos in several TV shows and movies. The unit is currently a fully operational restaurant complete with garden/event space in the back, fully functional and up to code kitchen, immaculate basement with a personal office, full bathroom, employee changing area, cellar, massive cooler,...Motivated Seller - GROUND LEVEL with BASEMENT Commercial/condo Ground space for sale in Chelsea, NYC. Not the entire building, just the commercial space is for sale. Due to its prime location, the restaurant has made cameos in several TV shows and movies. The unit is currently a fully operational restaurant complete with garden/event space in the back, fully functional and up to code kitchen, immaculate basement with a personal office, full bathroom, employee changing area, cellar, massive cooler, and delivery shoot. Restaurant is a spacious, well crafted open concept bar and cocktail lounge. The space gives way to the dining area decorated with a huge mirror and it's functional dramatic brick gas fireplace. Continue past the dining area to the glass enclosed garden dining/event space in the back, excellent for meetings, events, and parties. The industrial kitchen is fully equipped and up to code. The basement has 3 egresses. The projected income based on recent market analysis puts this gem at $25K per month, allowing your cap rate to soar to an astonishing 7.5% post expenses, very rare in this market. Conveniently located by the West Side Highway and the High Line, this property location makes it the ideal place to maximize on, not only foot traffic, but car traffic. Surrounded by tourist hot spots like The Chelsea Hotel, The High Line, Gotham Comedy Club, Flatiron Building, The Standard Hotel, The Vessel, Rubin Museum, as well as 15 of the most reputable art galleries in the United States! Why rent when you can acquire a great commercial opportunity.
Property Details for 358 West 23rd Street, Unit RETL
Zoning
C1-6A
ViewOther
Location
LISTING UPDATED: 06/10/2024 04:48 PM
Property Details for 358 West 23rd Street, Unit RETL
Status | Active |
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MLS ID | RPLU-33423016693 |
Days on Market | 27 |
Taxes | $4,891 / month |
Common Charges | $1,240 / month |
Min. Down Pymt | 10% |
Total Rooms | 7.5 |
Compass Type | Condo |
MLS Type | Condo |
Year Built | 1910 |
County | New York County |
Building
Location
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Building Information for 358 West 23rd Street, Unit RETL
Building/Complex358 W 23rd StFloor-Stories1Residences6Pet Policy-Year Built1910Building AgePre-warBuilding TypeTownhouse
Payment Calculator
$21,449 per month
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Property Information for 358 West 23rd Street, Unit RETL
Property History for 358 West 23rd Street, Unit RETL
Date | Event & Source | Price | Appreciation | Link |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 358 West 23rd Street, Unit RETL
This home is within New York City Geographic District # 2.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 6 to 8 | |||
Public - | 6 to 8 |
Rating | School | Distance |
---|---|---|
P.S. 11 William T Harris PublicPK to 5 | ||
Middle 297 Public6 to 8 | ||
Lower Manhattan Community Middle School Public6 to 8 | ||
Nyc Lab Ms For Collaborative Studies Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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