Don't miss out on this rare opportunity to own a commercial/condo space. Due to its prime location, the restaurant has made cameos in several TV shows and movies. The unit is currently a fully operational restaurant complete with garden/event space in the back, fully functional and up to code kitchen, immaculate basement with private office, full bathroom, employee changing area, cellar, massive walk in cooler, and delivery shoot. upon entering the restaurant, you're greeted by the spacious well crafted open concept bar and the cocktail lounge area, the space gives way to the dining area decorated with a huge mirror and it's functional masterpiece, the Brick Gas Fire Place. Continue past the dining area to the 4 season enclosed Garden dining/event space in the back, perfect for meetings, events. and private parties. The kitchen is fully functioning and up to code. Basement has 3 egresses. Not interested in a restaurant, no worries, this condo can be converted into anything your heart desires, looking to use as an investment, perfect, the projected income based on recent market analysis puts this gem at $22K per month, allowing your cap rate to soar to an astonishing 7.5% post expenses, very rare in this suffering market. The condo was appraised for $3.6M this year, motivated seller. Don't miss out on this once in a lifetime opportunity to own a commercial/Condo that will yield dividends for decades to come. Located in Prime Chelsea, surrounded by the Chelsea Savoy Hotel, the Highline, Flatiron Building, Gotham Comedy club amongst other coveted shops and restaurant, make this the ideal place to maximize on not only foot traffic but car traffic.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
