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305 Seventh Ave 6,300 SF Office Condo Unit Offered at $4,464,640 CAD in New York, NY 10001

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INVESTMENT HIGHLIGHTS

Steps to public transportation
White box space

Natural sunlight due to corner location

EXECUTIVE SUMMARY

305 Seventh Avenue was constructed in 1920 and designed by the architects Schwartz & Gross & B.N. Marcus. Spanning 20 floors, the building is a commercial co-op located in the fashionable Chelsea neighborhood situated opposite the Fashion Institute of Technology, and is known for its numerous galleries. Chelsea's favorite coffee shops and restaurants, a local Whole Foods Market, as well as the infamous restaurants offered in the neighborhood of Nomad to the east highlights an abundance of dining options available within a very short walk. Transportation is provided by the local 1 train a block away as well as rail links on the LIRR and Amtrak, plus multiple subways lines at nearby Penn Station and Herald Square.

PROPERTY FACTS

Total Building Size	119,248 SF	Typical Floor Size	5,678 SF
Property Type	Office (Condo) OfficeLoft Creative Space Office Medical	Year Built	1920
Building Class	B	Lot Size	0.22 AC
Floors	21
Zoning	M1-6, New York - Light industrial with offices, hotels, and most retail uses permitted.

Total Building Size	119,248 SF
Property Type	Office (Condo) OfficeLoft Creative Space Office Medical
Building Class	B
Floors	21
Typical Floor Size	5,678 SF
Year Built	1920
Lot Size	0.22 AC
Zoning	M1-6, New York - Light industrial with offices, hotels, and most retail uses permitted.

Banking

Property Manager on Site

High Ceilings

Hardwood Floors

1 UNIT AVAILABLE

Unit 400

Unit Size	6,300 SF	Condo Use	Office
Price	$4,464,640 CAD	Sale Type	Owner User
Price Per SF	$708.67 CAD

Unit Size	6,300 SF
Price	$4,464,640 CAD
Price Per SF	$708.67 CAD
Condo Use	Office
Sale Type	Owner User

DESCRIPTION

The 4th floor at 305 Seventh Avenue presents a rare opportunity to acquire a full floor totaling nearly 6,300 RSF. The corner location offers a bright space with direct access off the elevator.

The location of 305 Seventh Avenue is prime due to its proximity to Penn Station, Port Authority, Path train, and the plethora of subway lines for unparalleled access and convenience. Situated on the corner of 27th Street opposite of the Fashion Institute of Technology, other neighborhood highlights include Wholefoods, Ace Hotel, and Madison Square Garden.

Now in clean white box condition and highlighted by polished concrete floors, finished exposed 11' 6" ceilings, 4 passenger, and 3 freight elevators.

Common area maintenance, special assessments, and estimated real estate taxes total +/- 15,750 per month.

SALE NOTES

The seller is a Chapter 11 debtor and any sale remains subject to Bankruptcy Court approval and the seller’s receipt of higher or better offers. Any sale will deliver this property vacant and free of any tenancies and occupancies. This property will only be sold free and clear of all liens, claims, and encumbrances.