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242 Tenth Ave
New York, NY 10001 Chelsea

$10,750,000 USD

Apartments For Sale  •  5,620 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,738 SF
  • Lot Size 0.05 AC
  • Building Class C
  • Year Built 1910
  • Zoning R7B / C2-5, New York
100 Transit Score
100 Walk Score

Highlights

Prime West Chelsea Location: Positioned on the northeast corner of West 24th Street and Tenth Avenue
Turnkey Mixed-Use Asset: Four-story, mixed-use building featuring one retail unit and six residential apartments, all of which are free-market units
Fully Renovated Residential Units: The residential component has undergone a comprehensive gut renovation
Vacant Retail Opportunity: The ground-floor retail space, formerly occupied by Orchard Townhouse, will be delivered vacant
Unique Restaurant Features: The retail component includes charming outdoor garden seating and a separate building for takeout operations
High-End Investment Profile: Ideal for investors seeking a stabilized, luxury mixed-use asset with Tax Class 2B status

Major Tenants

Tenant SF Occupied Lease End Date
Orchard Townhouse

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Dishwasher
  • Microwave
  • Tenant Controlled HVAC
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Freezer
  • Public Transportation
  • Walk-Up
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Ny Moynihan Train Hall At Penn Station (Crescent - Amtrak, Ethan Allen Express - Amtrak, Keystone Service - Amtrak, Lake Shore Limited - Amtrak, Northeast Regional - Amtrak) 4 min 13 min 0.7 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 17 min 0.9 mi
Transit/SubwayDriveWalkDistance
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 7 min 0.4 mi
23 Street (1,2 Line) (1 - New York MTA Subway (The Subway), 2 - New York MTA Subway (The Subway)) 1 min 10 min 0.5 mi
34 St-Hudson Yards (7 - New York MTA Subway (The Subway)) 4 min 11 min 0.6 mi
28 Street (1,2 Line) (1 - New York MTA Subway (The Subway), 2 - New York MTA Subway (The Subway)) 2 min 13 min 0.7 mi
34 Street-Penn Station (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)) 3 min 15 min 0.8 mi
AirportDriveWalkDistance
LaGuardia 21 min - 10.0 mi
Newark Liberty International 21 min - 14.7 mi
John F Kennedy International 29 min - 18.1 mi
Brock Emmetsberger 646-868-0013 Matthews Real Estate Investment Services
Brock Emmetsberger 646-868-0013 Matthews Real Estate Investment Services