7 24Th St, New York, NY 10010

7 Unit Apartment Building | $16,000,000 ($2,285,714/Unit) | New York, NY 10010

Asking Price $16,000,000

Property Type
Multifamily
Square Feet
8,344 SF

Listing Contacts

Armen Meschian
Armen Meschian
  • Property Info

Property Overview

Superbly located and fully occupied, 7 West 24th Street is a five-story mixed-use building offering a turnkey income-producing investment or future development opportunity. The building includes ground-floor retail and six residential apartments above.
Built in 1925, this prime Flatiron gem measures 24 feet wide on a 98-foot-deep lot. The ground-level retail is occupied by a thriving dermatology practice. The residential units include two full-floor two-bedroom apartments and four half-floor one-bedroom apartments, all well-updated with great character and ceiling height.
Leases have built-in escalations and the building has development potential.
Setup available upon request.

Property Details

Class
C
Year Built/Renovated
1925/2015
Stories
5
Property Subtype
Storefront Retail/Residential, Office/Residential
Lot Size (sq. ft)
2,178 SF
Units
7

Highlights

  • Prime Flatiron Location
  • High Ceiling Spacious Lofts
  • Skylights
  • Private Decks
  • Exposed Brick and Tin Ceilings
  • Ground Floor Retail

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