JLL Capital Marketplaces introduced that it has been retained to organize the sale of 515 West 47th St., a 15-device, free-current market condominium developing with a person floor-flooring retail space found a shorter wander from the Theater District in Manhattan’s Hell’s Kitchen area community. The asking cost is $8.5 million.
Located on the north aspect of West 47th Road, amongst 10th and 11th avenues, the 10,675-sq.-foot developing was completely gut renovated in 2014 and has been meticulously taken care of considering the fact that. The retail is occupied by The Jolly Goat Espresso Bar, a community institution started in 2014 that has been rated amongst the city’s best espresso by the nearby W42ndSt.nyc blog.
515 West 47th Street is presently configured with a person a single-bedroom, 10 two-bedrooms, one particular a few bedroom and three four-bed room units. The floor-ground rear apartments attribute non-public outdoor areas as do the models on the 5th floor, which have private roof terraces. Each individual device features a stacked washer-dryer and superior-stop finishes.
The assets is located a short stroll from the Theater District and countless dining places, bars and entertainment together 8th, 9th and 10th avenues. There are also various Times Sq. transportation hubs in near strolling length providing accessibility to many subway traces and providing a practical subway experience to all pieces of the city.
The JLL team symbolizing the seller is currently being led by Taking care of Directors Hall Oster and Jonathan Hageman, Vice President Teddy Galligan and Associates Jake Russell and Braedon Gait.
“515 West 47th St. enjoys an unrivaled area in a community with a person of the liveliest environments in the city with Broadway and off-Broadway, prime dining establishments and nightlife,” said Oster. “The property is conveniently positioned around mass transit and the city’s main business enterprise districts.”
“The reopening of Broadway has led to a return to normalcy in the neighborhood, whilst the ongoing growth of the 18 million-sq.-foot Hudson Yards improvement will be a potent demand from customers driver for potential hire development,” extra Hageman. “The home has effective charm to investors trying to get a small-servicing, turnkey, totally free-market setting up.”
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