Cushman & Wakefield has been exclusively retained to sell 156 West 29th Street, a 23’ wide, 4 story, completely rebuilt and meticulously maintained commercial elevator building at the cross-roads of Manhattan; in New York’s NoMad & North Chelsea neighborhoods.
The approximately 7,654± SF building consists of three (3) floor-through commercial units, and one (1) floor through caretakers’ apartment which features a large roof deck. The ground floor recently underwent an extensive buildout and is leased to a Piano Bar & Dinner Club through April 2032. The second-floor commercial space is occupied on five-year lease through 2027, and the third-floor commercial lease is coming due in June of 2023. The second and third floor commercial tenants pay roughly $50/SF, a 20% discount to market. The caretaker’s apartment features approximately 1,200± SF of hardwood floors, 10’ doorways, brand new large windows, top of the line Sub-Zero and stainless-steel appliances, a full size washer/dryer combination, stunning tiger wood and Robern Cabinets, and granite counter tops.
The Property also benefits from a modern intercom/security system and private elevator entry to each unit. 156 West 29th Street is situated on the south side of West 29th Street just off the corner of bustling Seventh Avenue. Nearby attractions include the newly built Virgin Hotel, the Empire State Building, the Fashion Institute of Technology, Madison Square Garden and Hudson Yards. The Property is w
