684 Sixth Avenue, #BLG

Project Manager, New Development
Licensed as Bryon Zapf

33 Irving Place, New York, NY 10003
C: (917) 365-7046  O: (646) 790-2620  F: (646) 545-5722
ListingID: 469662 | Type: Townhouse
*** CLOSED ***
Twnh Single Fam
Ft2/Mt2: 3,200/297 (aprx)
at 23rd St 0.1 miles
at 23rd St 0.2 miles
at 23rd St 0.2 miles
at 14th St 0.3 miles
at Union Square 0.4 miles
at 23rd St 0.4 miles



Chelsea’s most active retail location, 684 Avenue of the Americas, between 21st and 22nd Street. Located on the eastern side of the Avenue of the Americas, this 1850’s building is a rock solid retail-driven context and has the ability to achieve increased income, with all the essentials of a successful real estate investment.

• Block/Lot 823-83
• Building Size 25 ft. X 58 ft.
• Lot Size 25 ft. X 59 ft.
• Zoning C6-2A
• Historic Landmarked District
• Additional 5300 sf. potential developmental rights available on the property
TAXES $55,685

3 Story mixed-use walk-up building consisting 3 Units: a ground floor commercial unit, second floor presently commercial (can be residential), and the top floor residential unit.

Ground Floor Retail - 1200 SF, currently leased to Starbucks until 3/31/12, with another 5 year option. Water sub meter installed. Water and utilities are sub-metered, and tenant pays 75% of the rent increases over the base year rent.

Second Floor Retail - 800 SF, currently leased to Anagen Hair Salon and has use of an amazing 400 SF outdoor garden leading from the space. Sub-metered.

Third Floor Residential - 1 BR apartment, 800 SF, currently leased with a tenant on a month to month lease, paying $3650/month. The 3rd floor has a new boiler, and access to a large private roof deck, with spectacular views.

A strong retail environment and location, the improving rental marketplace allows potential upside for an investor seeking a long term hold. 684 Sixth Avenue is a well maintained building which has been owned by the same family for 41 years.

Points of Interest

All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice. No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all information should be confirmed by customer. The number of bedrooms listed above is not a legal conclusion. Each person should consult with his/her own attorney, architect or zoning expert to make a determination as to the number of rooms in the unit that may be legally used as a bedroom. All rights to content, photographs and graphics reserved to Town Residential LLC and its subsidiaries. Customer should consult with its counsel regarding all closing costs, including without limitation the New York State 1% tax paid by buyers on residential properties over $1 million. Town Residential LLC represents the seller/owner on Town Residential LLC's own exclusives, except if another agent of Town Residential LLC represents the buyer/tenant, in which case Town Residential LLC will be a dual agent with designated agents representing seller/owner and buyer/tenant. Town Residential LLC represents the buyer/tenant when showing the exclusives of other real estate firms. In all instances Town Residential LLC and its subsidiaries treats all parties fairly and honestly. Town Residential LLC and its subsidiaries actively supports equal housing opportunities. Listings from other companies are provided solely as a convenience to customers and Broker has not reviewed or confirmed any information from sources other than Broker.
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