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118-120 W 27th St
New York, NY 10001 Chelsea

Price Upon Request

Office Residential For Sale  •  39,528 SF

Property Details

  • Property Type Office Residential
  • Total Building Size 39,528 SF
  • Lot Size 0.09 AC
  • Building Class B
  • Year Built 1910
  • Tenancy Multiple
  • Zoning M1-8A / R11
100 Transit Score
100 Walk Score

Highlights

Phenomenal Location in Dynamic Midtown South
MSMX re-zoning allows conversion of 9,384 SF of office space to resi use, supporting transformation into a highly desirable 24/7 NYC neighborhood
City of Yes zoning revisions ease conversion of vacant commercial space to residential
Ideal Opportunity to use 467-M Tax Incentive Program to convert remaining vacant 3.5 floors to residential use
Proof of Residential Conversion Concept: 5 Free Market residential units have already created & rented @ $75/sf
84% of Building Legalization Work is Complete to obtain a mixed-use CofO

Property Flyers

Amenities

  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
23 St (Path) (F - New York MTA Subway (The Subway), Hoboken-33rd Street - New York MTA Subway (The Subway), Journal Square-33rd Street - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway)) 2 min 5 min 0.3 mi
New York Penn Station (Njt) (Babylon Branch - Long Island Rail Road, Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Montauk Branch - Long Island Rail Road, Montclair-Boonton Line - Long Island Rail Road, Morris & Essex Gladstone Branch - Long Island Rail Road, Morris & Essex Morristown Line - Long Island Rail Road, North Jersey Coast Line - Long Island Rail Road, Northeast Corridor Line - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road, Port Washington Branch - Long Island Rail Road, Ronkonkoma Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 3 min 6 min 0.4 mi
Transit/SubwayDriveWalkDistance
28 Street (1,2 Line) (1 - New York MTA Subway (The Subway), 2 - New York MTA Subway (The Subway)) 2 min 2 min 0.1 mi
28 St (Broadway Express - Q - MTA New York City Transit, Broadway Local - N - MTA New York City Transit, Broadway Local - R - MTA New York City Transit, Broadway Local - W - MTA New York City Transit) 3 min 4 min 0.2 mi
23 Street (1,2 Line) (1 - New York MTA Subway (The Subway), 2 - New York MTA Subway (The Subway)) 1 min 5 min 0.3 mi
34 St-Herald Sq (Broadway Express - Q - MTA New York City Transit, Broadway Local - N - MTA New York City Transit, Broadway Local - R - MTA New York City Transit, Broadway Local - W - MTA New York City Transit) 2 min 8 min 0.4 mi
23 Street (A,C,E Line) (A - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway), E - New York MTA Subway (The Subway)) 1 min 8 min 0.5 mi
AirportDriveWalkDistance
LaGuardia 20 min - 9.6 mi
Newark Liberty International 22 min - 14.8 mi
John F Kennedy International 28 min - 17.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Christoffer Brodhead 212-544-9500 Ariel Property Advisors
Christoffer Brodhead 212-544-9500 Ariel Property Advisors