Home Quest Properties
Listed by Home Quest Properties
Unpriced
Commercial building for Sale
Details
Property Type Retail, Office
Sub Type Creative Office, Boutique hotel
Square Footage 7,500
Tenancy Multi
Stories 3
Investment Type Owner/User
Ground Lease No
Sale Condition 1031 exchange
Commercial Building for sale
Marketing description
525 West 29th Street presents a rare opportunity to acquire a mixed-use commercial property in the heart of West Chelsea, steps from Hudson Yards and the High Line. This asset offers tremendous repositioning or redevelopment potential with flexible delivery and strong zoning advantages.
Investment highlights
- Lot Size: 25 × 100 ft
- Existing Building Size: ~7,500 SF (no basement)
- Configuration: 1st Floor: Fully built-out Mexican restaurant 2nd Floor: Gallery space 3rd Floor: Gallery space
- Delivery: Can be delivered vacant
- Annual Taxes: ~$70,000
- FAR (As of Right): 5.0
- Approx. 12,500 SF buildable as-of-right
- Residential Buildable: ~20,000 SF
- Commercial Buildable: ~17,000 SF This site allows for ground■up development suitable for residential, boutique hotel, office, or gallery use.
- Adjacent to Hudson Yards, the High Line, Chelsea Piers
- Heart of the West Chelsea Arts District
- Surrounded by luxury developments, galleries, hotels, and restaurants
- High-demand corridor for creative, retail, and hospitality uses
- Delivered vacant — rare flexibility in West Chelsea
- Significant upside through redevelopment or re-leasing at market rents
- Exceptional long-term growth submarket
- Appealing to investors, developers, family offices, and owner-users
Listing Contacts
Home Quest Properties
Listed by Home Quest Properties
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