News: Brokerage

Simons and Emmetsberger of Cushman & Wakefield retained to sell 3.537 s/f gallery condominium

Manhattan, NY Cushman & Wakefield has been retained on an exclusive basis to sell a gallery condominium located within the Metal Shutter Houses at 524 West 19th St., located between Tenth and Eleventh Aves. in the Chelsea neighborhood. Billy Simons and Brock Emmetsberger of Cushman & Wakefield are exclusively marketing the property. The ground floor unit contains approximately 3,537 s/f. It features approximately 32’ of frontage, an airy, open feel, natural light from a  skylight, and varying ceiling heights reaching as high as 24’. The unit is located in Metal Shutter Houses which was built in 2010 and designed by Pritzker Prize winning architect Shigeru Ban. The building consists of eight large residential units and features operating metal shutters and 20’ tall retractable window walls. The property is vacant. This condominium presents an opportunity for an investor or end-user looking to take advantage of its prime West Chelsea address, only steps from the Highline, directly next to Frank Ghery’s IAC of ce building, and across from the David Zwirner Gallery in the esteemed Art District. The apartment directly above the gallery is also available for sale. The two-bedroom, two-bathroom duplex apartment is on the market with Douglas Elliman’s Madeline Hult Elghanayan. “Vacant gallery space for sale in West Chelsea is nearly impossible to find,” said Simons . “This kind of prime art district location with these tremendous ceiling heights creates an ideal opportunity for a gallery looking for a new home or to expand into a second location.”
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.