Multi-family

Located at 357 West 16th Street, New York, NY, 10011, this 6,000-square-foot, 4-star retail restaurant property is available for sale at $9,288,000. With a prime location in the CBD, this investment opportunity offers a blend of premium amenities and strategic positioning.

Property Overview:

• Price: $9,288,000 ($1,548/SF)
• Type: Retail Restaurant
• Gross Leasable Area (GLA): 6,000 SF
• Stories: 2
• Typical Floor Size: 3,496 SF
• Class: A
• Ceiling Height: 20′
• Docks: None

Key Features:

• Prime Location: Situated in the heart of the Chelsea neighborhood, this property benefits from high visibility and foot traffic, surrounded by vibrant businesses and cultural attractions.
• Premium Construction and Design: With 20-foot ceilings and Class A construction, the property offers a modern and upscale environment, perfect for high-end restaurants or flagship retail spaces.
• Investment Potential: Positioned in a thriving commercial district, this property promises strong rental income and long-term appreciation.
• Flexible Layout: The two-story design and expansive floor space provide versatility for customization to meet the needs of various business models.

Conclusion:

This Class A retail property at 357 West 16th Street represents a standout investment opportunity for those looking to establish a presence in one of Manhattan’s most dynamic neighborhoods. Its location, high-end amenities, and significant floor space make it a prime choice for upscale retail or restaurant use.