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Property investment in Manhattan's Chelsea district


Commercial space

4180

Located in the heart of Manhattan's vibrant Chelsea neighborhood, 548 West 22nd Street is an exceptional property with versatile development potential.

With 45,000 square feet of interior space, a parking lift serving all levels and additional air rights, 548 West 22nd Street is a blank canvas for your real estate projects. Whether you want to create a residential building, office space, exhibition or event space, or retail, this property will fit your vision perfectly.

Once a thriving art centre, 548 West 22nd Street carries a rich legacy of creativity and innovation. Its 15.5 to nearly 18-foot ceilings, combined with authentic wrought iron windows, create captivating spaces bathed in natural light. The building's 4,000 AMP power ensures seamless operation, accommodating regular and electric vehicles on all levels.

Located in one of Manhattan's most sought-after neighbourhoods, 548 West 22nd Street puts you at the heart of the city's excitement. Enjoy the vibrant dining and nightlife scene, explore renowned art galleries and embrace the tranquility of the High Line, Chelsea Piers, Little Island, Chelsea Market, the Whitney Museum of Art, the Meatpacking District and Hudson Yards.

548 West 22nd Street is more than just a property; it's an opportunity to shape the future of this iconic neighbourhood. With its mixed-use zoning, encompassing M1-5/C6-3/West Chelsea Special District, the possibilities are endless.

Contact GADAIT International today to discover the limitless potential of this extraordinary property.

Status

Buy

Reference

83588689

Handicapped accessibleAlarm systemArchitectElevatorParkingNear elementary schoolNear child careNear shopsNear middle schoolNear public gardenNear train stationNear golfNear high schoolNear subwayNear parking
Pierre-Axel Gadait
Pierre-Axel Gadait

CEO & Founder

Quick read

What to retain.

A concise read to understand the property, its format and rarity before opening the full dossier.

Price

US$78,000,000

Interior

4180 m²

Reference

83588689

Address

New York, United States. A location to read precisely before any comparison.

Format

Commercial space · 4180 m². Volume, use and comfort are read together.

Presentation

Handicapped accessible · Alarm system. Concrete markers of presentation quality.

Advisory

Confidential benchmark against the strongest available alternatives.

Floor plans


Private dossier

Receive the useful details before arranging a visit.

Dossier, comparison points and relevant alternatives around New York, United States.

Local insight

New York, United States

In New York, United States, the right reading depends on location, scarcity, condition and depth of demand. We compare these criteria against available alternatives before recommending a visit.

Purchase guide

What to validate before moving forward.

A clear summary to frame market context, costs, comparison criteria and practical questions before going further.

Market analysis

Comparing beyond the asking price.

In New York, United States, the value of a commercial space is read through location, scarcity, condition, running costs and the alternatives genuinely available at the same time.

Location
Scarcity
Condition
Alternatives

Acquisition costs

Taxes and duties

To confirm by country, status and asset type.

Advisory fees

Notary, lawyer, tax and due diligence.

Annual costs

Maintenance, charges, insurance and management.

Indicative information, not legal or tax advice: final amounts should be confirmed with local advisors.

Comparison

Same budget

Compare this price with properties of equivalent surface, views and renovation level.

Comparison

Same use case

Commercial space, 4180 sqm: verify whether the format matches the real use case.

Comparison

Same location

New York, United States should be read by micro-area, access, noise, views and privacy.

FAQ

Frequently asked questions.

Where is this commercial space located?+

This property is located in New York, United States. The precise address, immediate surroundings, views and access should be reviewed before any comparison.

What is the asking price?+

The asking price is US$78,000,000. It should be compared with equivalent properties by surface, condition, amenities, location and resale potential.

What acquisition costs should be considered?+

Taxes and duties: To confirm by country, status and asset type. Advisory fees: Notary, lawyer, tax and due diligence. Annual costs: Maintenance, charges, insurance and management. Exact amounts should be confirmed with a local notary, lawyer or tax advisor.

How should this property be compared with other options?+

Comparison should include budget, micro-location, view quality, technical condition, service charges, amenities and market liquidity.

Can this property suit a primary or secondary residence?+

Use case depends on format, location, available services, local rules and wealth planning objectives. Our team can help evaluate these points before a viewing.

How can I arrange a private viewing?+

You can request the dossier or speak with an advisor. Our team prepares the useful details, comparison points and relevant alternatives before the visit.

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Private shortlist

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