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Map
$15,378,002*
●
Commercial -
Off Market
676 6th Avenue
Other, NY 10010
Studio
0 Bath
$12,870,000 - $15,730,000
Reference Base Price*
7.54%
Since May 1, 2022
NY-New York
Primary Model
About This Property
Calling All Investors, Developers & End-Users!!! 7,200 Sqft.
Building/ Development Site For Sale!!! Located On The Corner Of 6th
Avenue & W. 21st Street (Only 2 Blocks Away From Madison Square
Park)!!! The Property Features High Ceilings, Great Exposure,
Excellent Signage, Huge Upside Potential, +++!!! Neighbors Include
Best Buy, Bounce, Michael's, McDonald's, Trader Joe's, +++!!!
According To The Owner Another 4.5 Stories (14,500 Sqft.) Can Be
Developed!!! The Property Is Currently Home To A Successful Liquor
Store, Lounge & T-Mobile. T-Mobile's Cell Tower Lease Has Expired.
The Cell Companies Are Aggressively Seeking A Lease. Income:
Liquor Store: $468,000 Lounge: $192,000 T-Mobile: $49,644 Roof:
$200,000 (Available) Gross Income: $899,644 (Proforma)
Expenses: Insurance: $17,000 Taxes: $165,000 Total Expenses:
$182,000 Net Operating Income (NOI): $717,644 (Proforma)
Unit Size
-
Days on Market
-
Land Size
0.05 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
1910
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 2, 2022 | No longer available | - | |
| No longer available | |||
| Apr 16, 2021 | Price Decreased |
$14,300,000
↓ $2M
(10%)
|
|
| Price Decreased | |||
| Mar 31, 2021 | Listed | $15,888,000 | |
| Listed | |||
Property Highlights
676 6th Avenue
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Condo
5
Beds
4.5
Baths
4,155 ft²
$3,442/ft²
$14,300,000
Jan 14, 2019
$14,300,000
May 1, 2019
$10,221/mo
Condo
3
Beds
3.5
Baths
3,199 ft²
$4,455/ft²
$14,250,000
Dec 4, 2020
$14,250,000
Oct 22, 2021
$8,964/mo
Condo
4
Beds
4.5
Baths
4,658 ft²
$3,113/ft²
$14,500,000
Oct 15, 2018
$14,500,000
Mar 9, 2020
$19,154/mo
Condo
4
Beds
4.5
Baths
3,309 ft²
$4,231/ft²
$14,000,000
Jul 11, 2013
$14,000,000
May 4, 2016
$4,146/mo
Condo
4
Beds
4.5
Baths
4,663 ft²
$2,995/ft²
$13,965,000
May 23, 2017
$13,965,000
May 31, 2017
$11,363/mo
Active
Co-op
Stu
4
Baths
6,000 ft²
$2,083/ft²
$12,500,000
Dec 14, 2021
-
$3,495/mo
In Contract
Townhouse
Stu
-
5,217 ft²
$3,258/ft²
$16,995,000
Sep 6, 2022
-
-
Condo
4
Beds
4.5
Baths
3,951 ft²
$3,605/ft²
$14,245,000
Sep 12, 2022
-
$14,484/mo
Active
Townhouse
8
Beds
8.5
Baths
4,638 ft²
$3,019/ft²
$13,999,999
Aug 24, 2022
-
-
Active
Condo
4
Beds
4.5
Baths
4,651 ft²
$2,999/ft²
$13,950,000
Nov 22, 2022
-
$18,335/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
03/31/2021
|
|
Loft
|
-
|
-
|
$15,888,000
Loft
-
|
-
-
|
-
|
Richard Shane
All Island Estates Realty Corp
|
Building Info
About Midtown Manhattan
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