Listed by SERHANT
$3,400,000
48 West 22nd Street
Details
Property Type Retail
Sub Type Storefront
Square Footage 2,500
Units 4
Occupancy 100%
Tenancy Single
Lease Type NNN
Price per SqFt $1,360
Class B
Year Built 1925
Buildings 1
Ground Lease No
Prime Chelsea Retail Co-op
Marketing description
SERHANT. Commercial has been exclusively retained to offer for sale of a prime retail co-op at 48 West 22nd Street, located at the in the gateway of the Flatiron District and Chelsea, one of Manhattan’s most dynamic and in-demand retail corridors.
The property presents a rare opportunity to acquire a ground-floor retail asset in a neighborhood defined by strong retail fundamentals, dense office population, and a thriving residential community. Featuring approximately 19 feet of frontage along West 22nd Street, the space benefits from excellent street presence and consistent pedestrian traffic driven by nearby transit, destination dining, and major employers throughout the Flatiron and Chelsea submarkets.
Investment highlights
- Prime Flatiron District location with strong pedestrian traffic
- 19 feet of frontage on West 22nd Street
- 2,000 SF Ground Floor, 500 SF Lower Level
- Flexible layout across ground and lower levels
- Rare opportunity to own retail in one of Manhattan’s most sought-after commercial corridors
Listing Contacts
Listed by SERHANT
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