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143 West 30th Street was developed and built in 2012 as a condominium building but is currently being operated as a mixed-use rental building.
The Sponsor has retained Douglas Elliman Real Estate to exclusively arrange the fee simple sale of the entire property, including all units currently managed as the Davos Condominium.
Located on the north side of West 30th Street between 6th and 7th Avenues, in the Chelsea neighborhood of Midtown South, the 15-story building is comprised of 26 1-bedroom apartments and 1 commercial retail space including an accessory cellar space. All units are free market and leased with rents positioned to increase by 20% to meet the residential market demand.
This disposition opportunity provides the purchaser the option to continue operating as a rental building with in-place cash flow or sell individually as condominiums to investors or for owner-occupancy.