Off-Market Deal in Chelsea
$8,300,000
Investment Highlights
Chelsea dev site 20.83' x 98.75' lot (2,057 SF) zoned M1-6 / FAR 10 allowing approximately 20,569 BSF as-of-right. Property comes with BSA-approved residential plans (19,364 BSF) and DOB-approved plans for an 18-story hotel (20,012 BSF), creating multiple dev paths. Rare shovel-ready development opportunity in the heart of Chelsea between 6th & 7th Avenues. 8.3m (~$400/BSF).
Prepared via Crezly Marketplace (crezly.com) from owner/broker-supplied information and NYC public records. Information deemed reliable but not guaranteed; buyers must independently verify. Not an offer, solicitation, or investment advice.