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189 7th Ave, New York, NY 10011, USA

$7,550,000

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Irresistible Investment Opportunity in Prime Chelsea, NYC! Unveil an extraordinary opportunity to own a prime multi-family commercial property in the heart of Chelsea, New York City. This gem, located at 189 7th Avenue, is perfectly poised for significant value-add and expansion, offering unparalleled potential for savvy investors. Property Highlights: Prime Corner Location: Situated in the vibrant and highly sought-after Chelsea neighborhood. Significant Value-Add Potential: Ready for innovative enhancements and expansion projects. Delivered Vacant: Perfectly positioned for immediate development or leasing opportunities. Historic Charm: Built in 1920, this property boasts classic architectural details with modern expansion possibilities. Property Details: Address: 189 7th Avenue, New York, NY Building Type: Commercial multi-family building Stories: 4 Units: 3 Frontage: 100' of wraparound exposure, maximizing visibility and foot traffic. Unmatched Connectivity: Transit Access: 1 Train at 23rd St (under 500 feet) 1 Train at 18th St (0.14 miles) F, M Trains at 23rd St (0.16 miles) PATH at 23rd Street Station (0.18 miles) C, E Trains at 23rd St (0.19 miles) Strategic Development Status: Development Status: Completed, ready for immediate action. District Information: Community District: 104 City Council District: 3 Police Precinct: 13 Hurricane Evacuation Zone: Zone 6 Building Class: K4 Why Invest? This property is a rare find in one of NYC’s most dynamic neighborhoods. The location’s proximity to multiple transit options ensures easy access, making it an attractive choice for future tenants. The vacant status of the building opens the door to unlimited potential for redevelopment, leasing, or transforming the space into a high-yielding asset. Financials (Upon Request): Listing Price: $7,550,000 Projected Returns: High ROI potential through strategic redevelopment and leasing. Seize the Opportunity: This is your chance to acquire a cornerstone property in Chelsea’s bustling market. With its prime location, significant value-add potential, and excellent transit connectivity, 189 7th Avenue is destined to attract strong interest and offers from top-tier investors. Don’t miss out on this irresistible investment. Contact us today to secure your stake in Chelsea’s future! Contact Information: [Desmond J. Hinds] [Email: dh@hindsventuregroup.co] [Phone: (917)-587-2009]