Log In/Sign Up
Your email has been sent.
3-Unit Retail and Apartment Bundle 3 Retail Condos Offered at $2,981,790 CAD in New York, NY
Investment Highlights
- Centrally located in the heart of Chelsea, Manhattan’s art district.
- Close to major attractions including Chelsea Market, Chelsea Piers, Hudson Yards, Pier 57 at Hudson River Park, and Madison Square Garden.
- Beautiful area with tree-lined streets and numerous parks including Chelsea Park, Madison Square Park, and The High Line.
- Walking distance to Penn Station, 28th Street Station, and 23rd Street Stations.
- Near major retailers including Dunkin’ McDonald’s, Planet Fitness, Starbucks, and Whole Foods.
Executive Summary
Station Cities is pleased to present the fantastic value-add opportunity to acquire a bundle of retail and apartment condo units on the ground floor and basement level of 236 West 26th Street in the Chelsea neighborhood of New York. A 1,800-square-foot basement level unit and a 1,700-square-foot first-floor unit comprise the retail aspect of this offering. Also included is a 900-square-foot apartment unit on the first floor. All three units are fully leased.
Chelsea is renowned for its unique array of opulent high-rise apartments, trendy townhomes, and popular attractions, including The High Line, Chelsea Market, and Stephen Ross’ Hudson Yards. Beautiful hotels near the property include Hotel Chelsea, Hilton NY Fashion District, and Innside New York NOMAD. Chelsea TV Studios, KWP Studios, and the Fashion Institute of Technology Campus and Museum are sitting across the property. 236 W 26th St is in a very walkable area near Dunkin’, McDonald’s, Planet Fitness, Starbucks, and Whole Foods. Other local rentals are Chelsea Centro Apartment Building and Chelsea Park Apartment Building.
Chelsea is renowned for its unique array of opulent high-rise apartments, trendy townhomes, and popular attractions, including The High Line, Chelsea Market, and Stephen Ross’ Hudson Yards. Beautiful hotels near the property include Hotel Chelsea, Hilton NY Fashion District, and Innside New York NOMAD. Chelsea TV Studios, KWP Studios, and the Fashion Institute of Technology Campus and Museum are sitting across the property. 236 W 26th St is in a very walkable area near Dunkin’, McDonald’s, Planet Fitness, Starbucks, and Whole Foods. Other local rentals are Chelsea Centro Apartment Building and Chelsea Park Apartment Building.
Property Facts
| Price | $2,981,790 CAD | Status | Active |
| Price / SF | $677.68 CAD / SF | Number of Properties | 3 |
| Cap Rate | 6.91% | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 4,400 SF |
| Price | $2,981,790 CAD |
| Price / SF | $677.68 CAD / SF |
| Cap Rate | 6.91% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 4,400 SF |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
The Capitol Building
236 W 26th St, Basement - Unit B, New York, NY 10001 |
Retail Condo | 1,800 SF | 1925 | - |
|
The Capitol Building
236 W 26th St, 1st Floor - Unit Retail, New York, NY 10001 |
Retail Condo | 1,700 SF | 1925 | - |
|
The Capitol Building
236 W 26th St, 1st Floor - Unit A, New York, NY 10001 |
Retail Condo | 900 SF | 1925 | - |
1 1
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
3-Unit Retail and Apartment Bundle
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.