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42-46 East 21st Street
New York, NY Flatiron District

Price Upon Request

General Retail For Sale  •  19,325 SF

3 Properties View all

Property Details

  • Property Type General Retail
100 Transit Score
100 Walk Score

Highlights

Significant upside through renovation of legacy residential units currently below market, driving mark-to-market rents upon turnover
Residential WALT of approximately 1 year provides near-term access to units, enabling capture of market rents
Three-building portfolio totaling ~25,145 SF in one of Manhattan’s most supplyconstrained, high-demand neighborhoods
Parlor-level retail plus two office units with 3.8-year WALT enable phased repositioning or recapture
Approximately 9,355 SF of unused development rights provide additional strategic optionality
The Nomad neighborhood is truly a mixed-use one, home to some of the city’s best residential, office, hospitality and retail properties

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)) 1 min 7 min 0.4 mi
14 St (Path) (Hoboken-33rd Street - Port Authority Trans-Hudson (PATH), Journal Square-33rd Street - Port Authority Trans-Hudson (PATH)) 2 min 12 min 0.7 mi
Transit/SubwayDriveWalkDistance
23 Street (4,6 Line) (4 - New York MTA Subway (The Subway), 6 - New York MTA Subway (The Subway)) 2 min 2 min 0.2 mi
23 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) 2 min 3 min 0.2 mi
14 St-Union 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 6 min 0.4 mi
28 Street (4,6 Line) (4 - New York MTA Subway (The Subway), 6 - New York MTA Subway (The Subway)) 3 min 7 min 0.4 mi
3 Avenue (L - New York MTA Subway (The Subway)) 2 min 10 min 0.5 mi
AirportDriveWalkDistance
LaGuardia 20 min - 9.4 mi
Newark Liberty International 23 min - 13.3 mi
John F Kennedy International 28 min - 17.5 mi
William Conrad 212-696-2500 Cushman & Wakefield
William Conrad 212-696-2500 Cushman & Wakefield