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REDEVELOPMENT SITE: BOUTIQUE HOTEL
20,000 Buildable SF
- A developers opportunity: over 20,000 buildable square footage for an income producing asset in one of the most coveted neighborhoods in New York City.
- Currently a commercial building, approved plans anticipate roughly 80 keys for a boutique hotel.
- Walking distance to many entertainment, retail, and dining establishments, tenants include: Whole Foods Market, Gotham Comedy Club, Eataly Flatiron, Chipotle, Chase Bank, and many more.
- Chelsea is known for its ultra luxury new construction developments with an average price tag of over $2,500 per square foot. You will find many high end art galleries, fine dining, and known attractions like the High Line that draw millions of tourists annually.