Land plot for construction in Chelsea, New York

Additional information is provided after the signing of an NDA

Land plot for construction in Chelsea, New York

$13,000,000
$32,258 /m²
Learn the property location
Send the listing to yourself
  • Total area
    403 m²
  • Land area
    1,928 m²

Land plot for construction of a boutique hotel.

Description

There is an approved plan to build a boutique hotel that could generate roughly 70–75 keys.

Financial performance

The cost of the property is $ 13,000,000.

Location and nearby infrastructure

The plot is located in walking distance to many entertainment, retail and dining establishments, tenants include: Whole Foods Market, Gotham Comedy Club, Eataly Flatiron, Chipotle, Chase Bank, and many more.

Chelsea district combines modern art, trendy restaurants, tall skyscrapers and stocky storage buildings, elegant architecture and night parties.

This is a prestigious and expensive residential area with luxury apartments and prestigious boutiques. The western part of Chelsea is widely known thanks to a large number of art galleries — this is one of the recognized art centers in New York, where about 350 galleries are concentrated.

New York is one of the most famous cities in the world, where financial institutions, numerous historical and cultural attractions, museums, shops, theaters are concentrated.

As a financial center, New York is a city with the most liquid stock markets in the world. This is facilitated by high investor confidence, which is manifested in large volumes of foreign direct investment (FDI).

New York is chosen to host its headquarters for organizations like Citigroup, J. P. Morgan Chase & Co., American International Group, Goldman Sachs Group, Morgan Stanley, Merrill Lynch, etc.

In the city there are such exchanges as the New York Stock Exchange, NASDAQ, the American Stock Exchange, the New York Commodity Exchange. The New York financial industry focuses on Wall Street in lower Manhattan.

More properties

If this property wasn’t for you, take a look at other investment land for sale in New York City.

All ads in the country: investment land for sale in the USA.

Similar listings

We select ads that may interest you.

Not sure what to start with? Send an advice request
Our expert will contact you to help with selecting real estate.
Ask a question
    I confirm that I have read and accept the Privacy Policy and Personal Data Processing Guidelines.
    Marina Filichkina,
    Head of Sales
    flag icon
    Limassol, Cyprus
    Tranio Cyprus LTD, 38 Karaiskaki Kanika Alexander Center, Block 1, 1st Floor office 113b, 3032 Limassol Cyprus
    flag icon
    Barcelona, Spain
    Tranio LLC, Carrer d'Aragó, 366, 08009 Barcelona
    flag icon
    Athens, Greece
    Tranio LLC, Vissarionos, 4, 10672 Athens
    flag icon
    Torrevieja, Spain
    Tranio LLC, Calle del Palangre, 14, 03182 Torrevieja
    flag icon
    Dubai, UAE
    Tranio Global Real Estate, Wafi Residence, Oud Metha Rd - Umm Hurair 2 - Dubai - United Arab Emirates
    flag icon
    Berlin, Germany
    Tranio Germany GmbH, Schlüterstraße 38, 10629 Berlin
    Send a request