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209 7th Ave 3,756 SF 100% Leased Retail Building New York, NY 10011 $7,832,420 CAD ($2,085.31 CAD/SF)
Investment Highlights
- 209 Seventh Avenue is a recently renovated, fully leased, four-story corner mixed-use property located in the heart of Chelsea.
- The above floors are configured as five apartments, of which two are studios, and three are one-bedrooms.
- The property benefits from being tax class 2A protected, and is a perfect opportunity for an investor seeking turn-key, renovated investment property
- The ground floor features a fully-vented restaurant space leased by Tziki until 2034.
- The average residential rent is $4,648, with all units being registered as free market.
Executive Summary
Broker of Record
Cory Rosenthal
License # 10991237833, 10311210106 (NY)
Matthews Real Estate Investment Services, Inc
575 5th Ave., Ste 2810 New York, NY 10017
(866) 889-0550
Cory Rosenthal
License # 10991237833, 10311210106 (NY)
Matthews Real Estate Investment Services, Inc
575 5th Ave., Ste 2810 New York, NY 10017
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,756 SF
Building Class
C
Year Built
1901
Price
$7,832,420 CAD
Price Per SF
$2,085.31 CAD
Percent Leased
100%
Building Height
4 Stories
Building FAR
3.99
Lot Size
0.02 AC
Zoning
R8A/C2-5
Frontage
34’ on 7th Ave
Amenities
- Restaurant
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0798-0001 | Improvements Assessment | $641,104 CAD |
| Land Assessment | $224,279 CAD | Total Assessment | $865,383 CAD |
Property Taxes
Parcel Number
0798-0001
Land Assessment
$224,279 CAD
Improvements Assessment
$641,104 CAD
Total Assessment
$865,383 CAD
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209 7th Ave
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