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116 W 14th St
New York, NY 10011
Office/Retail Property For Sale


Investment Highlights
- 30’ of prime retail frontage in Chelsea
- High ceilings: 16.5’ ground floor, 10.2’ cellar
- Bankruptcy sale with minimum bid of $2.25M
- Delivered vacant with flexible Use Group 6 zoning
- Steps from Union Square, NYU, and major transit
- Surrounded by top-tier retail, dining, and cultural assets
Executive Summary
The property is part of a mixed-use building located on the south side of West 14th Street in Manhattan’s dynamic Chelsea neighborhood. The building features expansive modern storefronts with wide glass panels that maximize visibility, connecting tenants to one of the city’s most active pedestrian corridors. Its central position between Sixth and Seventh Avenues ensures quick access to numerous subway lines, including the 1, 2, 3, L, F, and M, supported by excellent bus and bike routes. The structure was designed to accommodate retail and service-oriented tenants, with floorplates suitable for a variety of commercial concepts. Proximity to Union Square, the Meatpacking District, and the High Line reinforces the property’s integration within a thriving retail, dining, and cultural hub. Surrounded by top educational institutions and lifestyle destinations, this building benefits from constant activity and strong market fundamentals.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | Sale Conditions | Distress Sale |
| Sale Type | Investment or Owner User |
| Sale Conditions | Distress Sale |
The site is surrounded by a vibrant mix of cultural, educational, and commercial destinations, including Union Square, The High Line, NYU, and Whole Foods Market. With a Walk Score of 100 and a Rider’s Paradise transit rating, the location supports high-volume footfall and seamless connectivity. The property is zoned under Use Group 6, allowing for a wide range of retail and service uses such as boutique shops, salons, and food establishments. Offered through a bankruptcy sale with a minimum bid of $2,250,000, this condo presents a compelling value-add or owner-user investment in one of Manhattan’s most desirable neighborhoods.
Buyers are encouraged to review the virtual tour and floor plans, and to inquire about official bid procedures. All square footage and zoning details should be independently verified.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit Ground | 6,340 SF | Office/Retail | Upon Request | - |
Unit Ground
| Unit Size |
| 6,340 SF |
| Condo Use |
| Office/Retail |
| Price |
| Upon Request |
| NOI |
| - |
Unit Ground
| Unit Size | 6,340 SF |
| Condo Use | Office/Retail |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment or Owner User |
| Sale Conditions | Distress Sale |
| Description | |
| Location - south side of W 14th Street between 6th and 7th avenues, with access to the subway (1, 2, 3, L, F, M lines.) 30’ of frontage on West 14th Street. 16’ ceiling heights (ground floor) & 12’ ceilings (lower level.)</li></ul> | |
| Sale Notes | |
| Positioned in the heart of Chelsea, 116 West 14th Street #1 offers a rare opportunity to acquire a 30-foot wide retail condominium delivered vacant and primed for repositioning. This 6,340-square-foot asset spans two levels, with soaring 16.5-foot ceilings on the ground floor and 10.2-foot ceilings below grade, creating a dynamic environment for retail, showroom, or service-oriented uses. Located between Sixth and Seventh Avenues, the property benefits from exceptional pedestrian traffic and proximity to major subway lines (1, 2, 3, L, F, M), making it highly accessible to both local residents and visitors.<br> <br> The site is surrounded by a vibrant mix of cultural, educational, and commercial destinations, including Union Square, The High Line, NYU, and Whole Foods Market. With a Walk Score of 100 and a Rider’s Paradise transit rating, the location supports high-volume footfall and seamless connectivity. The property is zoned under Use Group 6, allowing for a wide range of retail and service uses such as boutique shops, salons, and food establishments. Offered through a bankruptcy sale with a minimum bid of $2,250,000, this condo presents a compelling value-add or owner-user investment in one of Manhattan’s most desirable neighborhoods.<br> <br> Buyers are encouraged to review the virtual tour and floor plans, and to inquire about official bid procedures. All square footage and zoning details should be independently verified.</li></ul> |
Property Facts
| Total Building Size | 48,312 SF | Floors | 12 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 3,543 SF |
| Property Subtype | Apartment | Year Built | 1912 |
| Building Class | C | Lot Size | 0.12 AC |
| Zoning | C6-2A - C6 districts permit a wide range of high-bulk commercial uses requiring a central location | ||
| Total Building Size | 48,312 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 12 |
| Typical Floor Size | 3,543 SF |
| Year Built | 1912 |
| Lot Size | 0.12 AC |
| Zoning | C6-2A - C6 districts permit a wide range of high-bulk commercial uses requiring a central location |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 19 | - | - |


