Chelsea Commercial Cooperative for Sale

LISTING DETAILS FOR Chelsea Commercial Cooperative for Sale

DESCRIPTION

Situated in the vibrant landscape of Chelsea, the commercial cooperative at 236 West 26th Street redefines the essence of contemporary office space. Offering an enticing Partial 4th Floor spanning 7,250 RSF, this property presents an extraordinary opportunity to acquire a plug-and-play office with the added allure of live/work conversion potential. Priced attractively at $4,966,250, reduced from its original $5,995,000, this space is not just an office; it’s an investment in a dynamic and evolving neighborhood.

Step into a modern work environment thoughtfully designed with functionality in mind. The layout features seven glass-front offices, a versatile glass conference room, and expansive bullpen areas that can comfortably accommodate up to 40 people. The well-appointed kitchen and brand-new bathrooms add a touch of sophistication and convenience. With three separate entrances, this unit offers flexibility for different access points, catering to various operational needs.

What sets this cooperative apart is its transformative potential. Beyond being a workspace, this unit can be adapted for residential or live/work loft use. Join the trend of other units in the Capitol Building that have undergone luxurious residential conversions, reflecting the evolving dynamics of this historic structure.

Built-in 1926, the Capitol Building has undergone recent renovations, enhancing its aesthetic appeal. The upgraded lobby and building infrastructure add a contemporary touch to the classic architecture. Positioned at the crossroads of Chelsea, Silicon Alley’s tech hub, Penn Station’s transport nexus, and the innovative landscape of Hudson Yards, this cooperative embraces the spirit of a diverse and interconnected community.

As an added bonus, enjoy access to the spectacular common roof area, providing outdoor seating and panoramic views of the iconic Empire State Building. Natural light floods the space through the glass front offices, fostering a bright and energizing ambiance.

Seize the opportunity for immediate possession and capitalize on the reduced price, which includes an annual maintenance cost of $84,245, covering real estate taxes. This listing isn’t just about office space; it’s an invitation to be part of Chelsea’s commercial legacy and the potential to create a unique live/work lifestyle in the heart of New York City. Don’t miss the chance to make this versatile and dynamic cooperative your own.

Space Features:

• Available for Immediate Possession
• Prebuilt as Plug-and-play office space
• Live/work conversion potential
• Modern design with glass-front offices
• Versatile glass conference room
• Large bullpen areas for up to 40 people
• Well-appointed kitchen and new bathrooms
• Three separate entrances for flexibility
• Potential for residential conversion
• Capitol Building: Historic charm with recent upgrades
• Strategic intersection: Chelsea, Silicon Alley, Penn Station, Hudson Yards
• Spectacular common roof area with Empire State Building views
• Abundant natural light through glass front offices
• Attractive investment opportunity