Exceptional commercial condominium presents a rare opportunity to acquire a highly adaptable retail property in the heart of the Flatiron District. Delivered vacant, the space encompasses approximately 6,630 square feet across two levels, including roughly 4,430 square feet above grade and an additional 2,200 square feet on the lower level. Featuring approximately 35 feet of street frontage and impressive 14-foot first-floor ceiling heights, the property offers outstanding visibility and flexibility for retail, showroom, gallery, educational, medical, fitness, or boutique office users.

Entering directly from the street, visitors are welcomed into an expansive open floor with generous ceiling height and abundant natural light filtering through the broad storefront windows. The first floor is arranged around several perimeter rooms that are currently configured as classrooms, offices, and support spaces, although these rooms can easily function as executive offices, consultation rooms, meeting spaces, private studios, or treatment rooms depending on the future occupant’s needs. A series of large open gathering areas occupies the center of the floor, creating flexible space for retail displays, collaborative work areas, client presentations, gallery exhibitions, educational programming, or customer seating.

Supporting spaces are thoughtfully distributed throughout the first level and include multiple restrooms, storage rooms, utility areas, offices, and staff support functions. The existing layout allows for efficient circulation between public-facing areas and private operational spaces while preserving flexibility for future reconfiguration. Because the property will be delivered vacant, a purchaser has the opportunity to renovate, reposition, or occupy the premises immediately according to specific business requirements.

The lower level substantially expands the property’s functionality by providing approximately 2,200 square feet of additional usable space. This level is well suited for storage, inventory, archives, back-of-house operations, employee facilities, production space, fitness uses, or supplemental showroom functions. Combined with the generous first-floor footprint, the two-level configuration creates an unusually versatile commercial asset capable of supporting a broad range of business models.

The property’s prominent street presence, extensive frontage, soaring ceilings, and adaptable floor plan make it equally attractive for flagship retail, luxury showroom, creative office headquarters, gallery space, educational facilities, wellness concepts, or professional service firms seeking ownership rather than leasing. Located between Fifth and Sixth Avenues in one of Manhattan’s most established commercial corridors, the property benefits from outstanding pedestrian traffic and immediate access to numerous subway lines, providing exceptional connectivity for customers, employees, and visitors alike.

Offered through a bankruptcy sale and subject to court approval, this vacant commercial condominium combines an outstanding Flatiron location with significant redevelopment and repositioning potential. Its flexible layout, substantial square footage, excellent visibility, and broad permitted uses create a compelling opportunity for investors, owner-users, and businesses seeking a distinctive Manhattan commercial property with long-term value.

Notes: Bankruptcy Sale Bidding Deadline: July 7th, 2026 | Auction Date: July 14th, 2026 Minimum Bid: $2,600,000 | Subject to Bankruptcy Court Approval | Brokers Inquire for Official Bid Procedures Retail co-op located in Flatiron District between 5th and 6th Avenues The total unit size is 6,630 SF including 4,430 SF above grade with 35’ of frontage and high ceilings; and additional fully built 2,200 SF below grade Currently configured as a school with classrooms, offices and assembly space spread throughout two floors Ideal location for various commercial uses including retail, showroom, gallery or deluxe professional office space Convenient transportation with access to 1/2/4/5/6/N/Q/R/W/F/M subway lines Delivered vacant