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101 Seventh Ave
New York, NY 10011

Retail Property For Sale · 1 Unit

PROPERTY FACTS

Unit Size 51,942 SF
No. Units 1
Total Building Size 195,190 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Sale Type Investment or Owner User
Building Class B
Floors 19
Typical Floor Size 10,273 SF
Year Built 1930
Lot Size 0.03 AC

1 Unit Available

Unit 1-5

Unit Size 51,942 SF
Condo Use Retail
Sale Type Investment or Owner User
Description

Unit Details

51,942 RSF across five floors, including a selling lower level.
Corner asset with 131 feet of frontage along Seventh Avenue.
$45 million renovation completed in 2015.

Multi-Level User Potential

Vacant possession allows for a blank canvas and re-positioning.
Rare opportunity to re-imagine a flagship space in an irreplaceable location.

Dynamic 24/7 Neighborhood

Vibrant area blending luxury, chic, with diverse professionals, residents, tourists.
Streets lined with destination eateries, retailers, and art galleries.

Strong Neighborhood Co-Tenancy

Nearby household brands include William Sonoma, Safavieh, Hastens, West Elm, The Container Store, Room & Board.
Local area favorites and Chelsea attractors include Cafeteria, Westville Chelsea, Chelsea Market, The Altman Building, Kleinfeld Bridal, Blick Art Materials, Barry’s Chelsea, F45 Fitness, Google, and Lenox Health.

Proximity to Transportation Allows for Seamless Connectivity

Two blocks north of the 1, 2 & 3 trains at Seventh Avenue / West 13th Street station.
One block from the 14th Street / Eighth Avenue station servicing the A, C, E & L trains and the Sixth Avenue / West 16th Street station servicing the F & M trains.
Path train at 14th Street / Sixth Avenue enabling easy travel between lower Manhattan and New Jersey.
Less than 5 minutes from the West Side Highway, offering expeditious access to the Holland and Brooklyn-Battery Tunnels linking to Brooklyn and New Jersey.

Sale Notes

Avison Young, as the exclusive agent, is pleased to offer for sale the retail condominium located at the base of 101 Seventh Avenue (the “Unit”). This exceptional multi-level flagship retail opportunity is situated along the dense Seventh Avenue retail thoroughfare. Formerly occupied by the iconic Barneys New York and nestled in the heart of Chelsea, the Unit comprises 51,942 RSF spread across five floors, including a selling lower level. It boasts 131 feet of frontage along Seventh Avenue. The $45 million renovations in 2015 have positioned the Unit ideally for a variety of occupiers, including museums, luxury or experiential retailers, medical spas and offices, and coworking spaces seeking to establish their flagship presence at this iconic address. Similarly, the Unit presents an opportunity for an investor to create value through a lease-up strategy with one or more tenants.

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Oven
  • Tub/Shower

Site Amenities

  • Controlled Access
  • On-Site Retail
  • Elevator
  • Public Transportation
  • Smoke Detector

zoning

Zoning Code M1-5M
M1-5M
  • Listing ID: 31520484

  • Date on Market: 2024-04-16

  • Last Updated:

  • Address: 101 Seventh Ave, New York, NY 10011

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