Development Site Chelsea
Investment Highlights
Chelsea NY corner redevelopment play 42ksqFt & fully vacant office. Good for condos. Normal sale owner asking $33.5m negotiable
Location
📍 Chelsea
🔒 The exact address and location are confidential and are released only after you sign the NCNDA and the listing broker approves your request.
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Approved off-market listings earn a week of our premium Crezly membership and other perks.
Who finances deals like this
The lenders with the most recorded development site mortgages in Manhattan since 2021, from public ACRIS filings.
- G4 18267, LLC — 3 loans, typically $1.5M–$68.64M
- Cerco Bl9 LLC — 3 loans, typically $3.07M–$6.91M
- Nw 10 West 17TH Lender LLC — 2 loans, typically $11.32M–$27.68M
- Canada Imperial Bank Of Commerce — 2 loans, typically $1.17M–$18.46M
- Levon 75-83 LLC — 2 loans, typically $4.97M–$5.72M
Crezly connects borrowers and lenders. Crezly is not a loan broker, does not negotiate terms, and receives no compensation contingent on any loan closing.
Underwrite this deal
Pro-forma, debt sizing against real recorded NYC leverage, cash flow, IRR and a sensitivity grid. Free account — no card.
