CBRE Group, Inc. — which sold the ground floor commercial condominium space at 545 – 547 West 20th Street — has been appointed leasing agent for the property.
The space includes 4,773 s/f on the ground floor and a 965 s/f basement storage space.
CBRE’s Stuart J. Siegel, Matthew R. Bergey and Daniel A. Bodner represented the seller in the transaction, and will market the property on behalf of the new owner.
“545 – 547 West 20th sits on one of Chelsea’s most important gallery blocks, and its superb frontage, excellent layout and turn-key condition make it perfect for an art gallery, showroom or retail store,” said Siegel.
“The property is on the same block as the entrance to the High Line and is directly across from Chelsea Piers.” Located at the corner of 11th Avenue, 545 – 547 West 20th Street is visible from the West Side Highway.
The property is occupied by the well-known Elizabeth Dee Gallery and the upper floors were recently converted to luxury condominiums.
The building is adjacent to David Zwirner’s new gallery building and other neighbors include IAC, Hewlett Packard and Chelsea Piers