101 7th Avenue is a premier retail condominium situated in the heart of Chelsea, Manhattan. This iconic property, formerly occupied by the iconic Barneys New York, offers a unique and highly sought-after retail opportunity. Spanning 51,942 square feet across five floors, including a lower level, the Unit boasts 131 feet of frontage along Seventh Avenue, making it an ideal location for high-profile retailers.
The property underwent significant renovations in 2015, totaling $45 million, which have positioned it ideally for a variety of occupiers. These include luxury or experiential retailers, medical spas, offices, and coworking spaces seeking to establish their flagship presence at this iconic address. The renovations have enhanced the property's appeal, making it an attractive option for both tenants and investors.
Located in one of Manhattan's most densely populated areas, 101 7th Avenue benefits from a substantial daytime population of 2,798,869 individuals within a three-mile radius. The average household income in the surrounding area is $187,758, and the average home value is $1,219,362. This affluent demographic ensures a steady stream of potential customers, making it an excellent location for high-end retail businesses.
The property's strategic location in Chelsea, coupled with its extensive renovations and prime frontage, makes 101 7th Avenue an exceptional opportunity for retailers looking to establish a strong presence in one of New York City's most vibrant neighborhoods. Whether it's a luxury brand or an experiential retailer, this property offers the perfect blend of visibility, accessibility, and prestige to drive business success.
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101 7th Avenue, New York
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