101 Seventh Avenue
New York, New York
Building
Stats
- Property Type Retail - Retail Condo
- Building size (SF) 51,942
- Size (Ac) 0.3
- Price $14,000,000
Overview
Avison Young, as the exclusive agent, is pleased to offer for sale the retail condominium located at the base of 101 Seventh Avenue (the “Unit”). This exceptional multi-level flagship retail opportunity is situated along the dense Seventh Avenue retail thoroughfare. Formerly occupied by the iconic Barneys New York and nestled in the heart of Chelsea, the Unit comprises 51,942 RSF spread across five floors, including a selling lower level. It boasts 131 feet of frontage along Seventh Avenue. The $45 million renovations in 2015 have positioned the Unit ideally for a variety of occupiers, including museums, luxury or experiential retailers, medical spas and offices, and coworking spaces seeking to establish their flagship presence at this iconic address. Similarly, the Unit presents an opportunity for an investor to create value through a lease-up strategy with one or more tenants.