40 W 22nd St
New York, NY 10010
Office/Retail Property For Sale

Retail co-op located in Flatiron District between 5th and 6th Avenues. The total unit size is 6,630 SF including c4,430 SF above grade with 35’ of frontage and high ceilings; and additional fully built 2,200 SF below grade.

Positioned in the heart of Manhattan’s Flatiron District, 40 West 22nd Street presents a rare opportunity to acquire a 6,630-square-foot retail co-op through a bankruptcy sale. With 35 feet of prime street frontage between Fifth and Sixth Avenues, this property offers exceptional visibility and foot traffic in one of New York City’s most dynamic commercial corridors. The space includes 4,430 square feet above grade and an additional 2,200 square feet of fully built-out cellar space, currently configured as a school with classrooms, offices, and assembly areas across two levels.

The property’s 14-foot ceiling heights and flexible layout make it ideal for a wide range of commercial uses, including retail, showroom, gallery, or deluxe professional office space. Delivered vacant, it allows for immediate occupancy or redevelopment. Located within walking distance of major landmarks such as the Flatiron Building, Empire State Building, Union Square, and Washington Square Park, the site benefits from unparalleled access to culture, dining, and entertainment. Nearby institutions like NYU, The New School, and St. John’s University further enhance the area’s vibrancy.

Transportation access is exceptional, with proximity to multiple subway lines (1/2/4/5/6/N/Q/R/W/F/M) and a Walk Score of 100, classifying the location as a “Walker’s Paradise.” This asset is being offered at a minimum bid of $2,200,000, subject to bankruptcy court approval. Interested parties should inquire for official bid procedures.