Massey Knakal Realty
Services has been retained by the ownership to arrange for the sale of 137-39
West 25th Street. The property is floors 2-11 in a 12-story commercial
condominium building. The ownership interest is as follows: 2nd & 4th FL has
8% share on each floor.; 5th FL has 8.01% share; 6th-7th has 8.02% share;
8th-11th FL has 8.32% share on each floor. Zoned M1-6, the property can be used
for commercial or hotel use. This presents a rare opportunity for both investors
and users to capitalize on the emerging Chelsea commercial real estate market.
Each floor offers 5,900 SF (Approx.) for a total of 59,000 gross square feet
(Approx.). A majority of the property can be delivered vacant by year's end. The
commercial condominiums at 137-39 West 25th Street will be offered separately or
as a package. Ownership requests proposals for either possibility.
Bank
of America is offering SBA financing for qualified buyers. Please see the
attached information from Bank of America for further information.
Click here for listing details.
Neighborhoods: Chelsea/ Agents: Robert Burton