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305 Seventh Ave
New York, NY 10001 Chelsea

$3,200,000 USD

Office Condo For Sale  •  6,300 SF

Property Details

  • Property Type Office
  • Total Building Size 119,248 SF
  • Lot Size 0.22 AC
  • Building Class B
  • Year Built 1920
  • Tenancy Multiple
  • Zoning M1-6, New York
100 Transit Score
98 Walk Score

1 Unit Available

Name Condo Use Size Price Details
4th Floor - Unit 400 Office 6,300 SF $3,200,000 USD
  • Unit Size: 6,300 SF
  • Condo Use: Office
  • Price: $3,200,000 USD
  • Sale Type: Owner User
  • Price/SF: $507.94 USD
Description
The 4th floor at 305 Seventh Avenue presents a rare opportunity to acquire a full floor totaling nearly 6,300 RSF. The corner location offers a bright space with direct access off the elevator.

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. 

Now in clean white box condition and highlighted by polished concrete floors, finished exposed 11' 6" ceilings, 4 passenger, and 3 freight elevators.

Common area maintenance, special assessments, and estimated real estate taxes total +/- 15,750 per month.

Sale Notes
The seller is a Chapter 11 debtor and any sale remains subject to Bankruptcy Court approval and the seller’s receipt of higher or better offers.  Any sale will deliver this property vacant and free of any tenancies and occupancies.  This property will only be sold free and clear of all liens, claims, and encumbrances.

Description 

305 Seventh Avenue was constructed in 1920 and designed by the architects Schwartz & Gross & B.N. Marcus. Spanning 20 floors, the building is a commercial co-op located in the fashionable Chelsea neighborhood situated opposite the Fashion Institute of Technology, and is known for its numerous galleries. Chelsea's favorite coffee shops and restaurants, a local Whole Foods Market, as well as the infamous restaurants offered in the neighborhood of Nomad to the east highlights an abundance of dining options available within a very short walk. Transportation is provided by the local 1 train a block away as well as rail links on the LIRR and Amtrak, plus multiple subways lines at nearby Penn Station and Herald Square.

Highlights

Steps to public transportation
Natural sunlight due to corner location
White box space

Amenities

  • Banking
  • Property Manager on Site
  • High Ceilings
  • Hardwood Floors

Public Transportation

Commuter RailDriveWalkDistance
New York Penn Station (NJT) (Montclair-Boonton Line - NJ Transit Commuter Rail (NJ Transit), Morris & Essex Gladstone Branch - NJ Transit Commuter Rail (NJ Transit), Morris & Essex Morristown Line - NJ Transit Commuter Rail (NJ Transit), North Jersey Coast Line - NJ Transit Commuter Rail (NJ Transit), Northeast Corridor Line - NJ Transit Commuter Rail (NJ Transit)) 3 min 8 min 0.4 mi
New York Penn Station (LIRR) (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, 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 8 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
23 Street (1,2 Line) (1 - New York MTA Subway (The Subway), 2 - New York MTA Subway (The Subway)) 1 min 5 min 0.2 mi
28 Street (N,R Line) (N - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) 2 min 6 min 0.3 mi
23 St (PATH) (Hoboken-33rd Street - Port Authority Trans-Hudson (PATH), Journal Square-33rd Street - Port Authority Trans-Hudson (PATH)) 2 min 7 min 0.4 mi
23 Street (F Line) (F - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway)) 2 min 7 min 0.4 mi
AirportDriveWalkDistance
LaGuardia 13 min - 9.7 mi
Newark Liberty International 16 min - 14.8 mi
John F Kennedy International 21 min - 17.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Marc Yaverbaum 347-273-1258 MYC & Associates Inc
Marc Yaverbaum 347-273-1258 MYC & Associates Inc