821 6Th AveNew York, NY 10001

For Sale
Call for price

Prime Nomad location, high development potential.

Overview

Added:
Dec 11, 2024
Days on market:
97
This exceptional 7,832 square foot storefront, located at 821 Avenue of the Americas in New York City's vibrant Nomad neighborhood, presents a unique investment and development opportunity. The property boasts 24.67 feet of frontage on a bustling commercial corridor, offering unparalleled visibility and access to high foot traffic. Currently configured as five units with 7,545 square feet of net rentable space, the existing structure provides immediate income potential. However, the true value lies in the significant development potential. Zoned C6-4X (R10X equivalent), the property allows for high-density commercial, residential, or mixed-use developments. With 11,288 square feet of air rights and a 19,120 square foot buildable square footage, vertical expansion is readily achievable. The 1,912 square foot lot provides a solid foundation for redevelopment, capitalizing on the area's high demand. Minutes from Penn Station and major subway lines, the property enjoys unparalleled accessibility. Surrounded by luxury hotels, top-tier dining, and corporate offices, this location is a magnet for commerce and culture within one of Manhattan's most dynamic neighborhoods. This is a rare chance to acquire a property in a prime location with both immediate income and substantial long-term growth potential.

Highlights

  • 7,832 SF storefront at 821 Avenue of the Americas, Nomad, NYC, offering significant investment and development potential.
  • 24.67-foot frontage on a high-traffic commercial corridor provides exceptional visibility.
  • Currently generates income with 7,545 SF of net rentable space across five units.
  • C6-4X (R10X equivalent) zoning allows for high-density commercial, residential, or mixed-use development.
  • 11,288 SF of air rights and 19,120 SF buildable square footage enable substantial vertical expansion.
  • Prime Nomad location near Penn Station and major subway lines, surrounded by luxury hotels, restaurants, and corporate offices.

Property Details for 821 6Th Ave

Property type
Other retail properties, Individual retail properties
Square Feet
7,832 SF
Class
C
Year Built
1920
Buildings
1
Stories
5
Units
5

Location Insight

City
New York
County
New York
State
New York
Latitude
40.746335700923
Longitude
-73.990275863983
821 6Th Ave, New York, New York

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821 6Th Ave
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