facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal

Office Space Available at 305 Seventh Avenue

Office Space Available at 305 Seventh Avenue
FOR SALE
View more

$3,200,000

305 Seventh Avenue, New York, NY 10001

6,300 SF

Square Feet

$508

PPSF

Property Description

Available for purchase is the entire 4th Floor of 305 Seventh Avenue, a commercial condominium office building located in the heart of Chelsea. This unit offers +/- 6,300 square feet of white-box space boasting polished concrete flooring, finished exposed 11' 6" ceilings, and upgraded lighting throughout.

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.

This is a sale of real property by a Chapter 11 debtor in bankruptcy.  Any sale remains subject to Court approval and the seller's receipt of higher or better offers.


Property Details

Asset Type

Office

Year Built

1920

Neighborhood

Chelsea

Submarket

New York

ZIP

10001

Listing Type

sale


Offering Memorandum

Download

Net Operating Income (NOI)

$0

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)

-$182,036

Cash-on-Cash Return

-22.75%

Monthly Debt Service

$15,170

Annual Debt Service

$182,036

View on Map

Address

305 Seventh Avenue

Log in to see street view

Get exclusive comps and insights by logging in - it's free!

New York Office Market Snapshot

Boundary boundary · Office · Sale

No investors found in this market.

Contact the Listing Team

Marc Yaverbaum

Marc Yaverbaum

Vice President

2 closed

Call

Send a Message

Marc Yaverbaum

Marc Yaverbaum

Vice President

2 closed

Call