Retail

Retail Condo for Sale in Prime Manhattan Location

Address: 116 West 14th Street, New York, NY 10011
Price: $4,800,000
Sale Type: Owner-User – Retail
Property Type: Retail Condominium

Property Overview:

• Gross Building Area (GBA): 48,312 sq. ft.
• Typical Floor Size: 3,543 sq. ft.
• Number of Buildings: 1
• Market Segment: All
• Rent Type: Market and Affordable
• Affordable Type: Rent Controlled

Key Features:

Exceptional Location in Manhattan’s Retail Corridor
Located on West 14th Street, this retail condo offers outstanding visibility and accessibility in a bustling Manhattan retail district, appealing to a diverse demographic. The area’s high foot traffic makes it a prime choice for retail businesses looking to thrive in a competitive market.

Expansive Space with Flexible Layout
This property offers a substantial Gross Building Area of 48,312 sq. ft., with individual floors averaging 3,543 sq. ft., ideal for businesses requiring spacious layouts. The versatile configuration provides ample opportunity to create a tailored retail environment suited to a variety of customer experiences.

Dual Rent Structure for Market and Affordable Needs
The condo offers a combination of market-rate and rent-controlled segments, which makes it attractive for businesses aiming to serve both the broader market and affordable segments. This dual rent type enhances income stability and makes the property adaptable for multiple business models.

Investment Opportunity for Owner-Users
This sale type is ideal for owner-users seeking a long-term investment in a high-demand retail location. It provides flexibility for business owners looking to establish a physical presence and build equity in a valuable Manhattan property.

Conclusion:

116 West 14th Street represents a unique retail condo opportunity in New York City’s vibrant retail landscape. With its prominent location, spacious layout, and adaptable rent structure, this property offers an ideal investment for owner-users ready to establish a foothold in one of Manhattan’s most dynamic neighborhoods.