Re-launching to the market is this exceptional medical condo unit located on the first floor of a luxurious complex in the heart of West Chelsea, Manhattan. Situated at 420 West 23rd St, this duplex unit spans over 1, 200 square feet and offers a unique blend of functional space and prime location.
This vacant unit, which can be delivered with its current furnishings if desired, is designed to accommodate a variety of low-traffic commercial uses such as offices, art studios, spas, or other medical spaces. The layout includes two spacious office rooms, a kitchen/breakroom, two bathrooms, and access to a stunning outdoor space, perfect for a relaxing break or small gatherings.
While the unit requires some TLC, it features hardwood flooring on the first floor and carpet on the upper level. The highlight is undoubtedly the beautiful outdoor area accessible directly from the kitchen, providing a serene escape in the bustling city.
The condo complex is well-maintained, ensuring a professional and welcoming environment for your clients and visitors. Although there are no additional amenities such as concierge service or a fitness center, the building does allow for signage on the exterior wall, enhancing visibility for your business.
Located in the vibrant and diverse neighborhood of West Chelsea, the property is surrounded by a plethora of amenities. Public transportation is conveniently available just seconds away, with both subway and bus options on the corner of the block. The area is bustling with a variety of restaurants, and the iconic Chelsea Hotel is only moments away, adding to the neighborhood's charm and appeal.
This commercial condo stands out in the market due to its competitive price point and the rare inclusion of a beautiful backyard, which is unmatched in the West Chelsea area. There are no strict operating hour restrictions, and noise levels are flexible due to the unit's private entrance, making it an ideal choice for various professional uses.
The condo association fee is $1, 063 per month, covering essential services and upkeep. The unit is available for immediate move-in, and potential tenants can schedule a viewing by calling or texting the listed contact.
Don't miss out on this unique opportunity to establish your business in one of Manhattan's most desirable locations. Contact us today to schedule a viewing and explore the potential of this exceptional space.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$935,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $748,000 | $748,000 | $748,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.723% | 6.284% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,425 | $4,790 | $6,363 |
Total Monthly Payment | $4,517 | $4,882 | $6,455 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.