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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
  • Unit Ground
  • 6,340 SF
  • Office/Retail
  • Upon Request
  • -
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.)
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.

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) &amp; 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

The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
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 - -
  • Listing ID: 38334917

  • Date on Market: 11/5/2025

  • Last Updated:

  • Address: 116 W 14th St, New York, NY 10011

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