An 80-year leasehold for a ground floor, mezzanine, and finished basement space. The leasehold may be convertible to co-op ownership.
It benefits from both high ceilings and tremendous exposure on this strong retail block off the Seventh Avenue corridor. This would be ideal for both users and investors alike.
The space was formerly occupied by Man Ray, a famous bar and lounge. The space has a C of O for commercial use group 6, but a liquor license was recently turned down. Thus, dry use is preferred. There may also be an opportunity to use as a live-work space if the DOB approves.
Neighborhoods: Chelsea