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JLL has been retained on an exclusive basis to arrange for the sale of 410 West 47th Street, a 23’ wide, elevatored, five-story commercial building located on the south side of West 47th Street between 9th and 10th Avenues. 410 West 47th Street provides an exceptional opportunity for a wide array of potential purchasers seeking to acquire a newly renovated mostly vacant commercial property.
410 West 47th Street contains approximately 11,035 gross SF above grade with roughly 2,564 SF of additional air rights. It lies within a R8 zoning district allowing for residential, commercial, and/or community facility uses. The building currently consists of one ground floor retail store with access to a usable 2,300 SF finished basement and four floorthru commercial spaces above which have all been recently renovated and are vacant with the exception of the retail and 3rd floor which expire 9/25 and 9/21 respectively. The building also contains an elevator shaft that is currently not in use but can be restored to service all floors. The property lies within the Special Clinton District.
Located in the northern part of Hell’s Kitchen, the property is within walking distance to major attractions such as Central Park, Columbus Circle, Lincoln Center, and the Hudson River Greenway. It is conveniently located near Manhattan’s major business districts and is accessible by the A, C, B, and D Subway lines. With major developments such as Hudson Yards and Manhattan West adding tremendous future value to westside neighborhoods. 410 West 47th Street is a unique opportunity with tremendous potential within one of the West Side’s rapidly expanding enclaves.