One New York for Sale $30M | Cheung Sha Wan

One New York is situated at the junction of Castle Peak Road and Chap Fai Street, boasting an exceptionally wide single-aspect shop front of approximately 120 feet. The property features an extra-high ceiling of about 5 meters and is equipped with a private lift leading directly to the first-floor commercial shops. Its practical and square layout allows for highly flexible configurations.
Strategically nestled between a commercial trade zone and a vibrant residential area, this property enjoys a prime location that leverages the growth potential of both districts, driving strong foot traffic and tapping into immense spending power:
• Commercial Trade Zone: Transformed from a traditional industrial area into an emerging business hub, multiple industrial buildings in the district have been successively refurbished or redeveloped into office buildings and multi-purpose event spaces.
• Residential Area: So Uk Estate, the largest public housing estate in the district, completed its major redevelopment in 2019. Additionally, private residential projects developed by the Hong Kong Housing Society, including Heya Delight, Heya Star, Heya Aqua, and Heya Crystal, have been successfully launched, bringing a massive influx of new residents to the area.
These developments have driven various conglomerates to actively pursue acquisitions and mergers, sparking a continuous and dynamic transformation across the entire district.
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One New York is situated at the junction of Castle Peak Road and Chap Fai Street, boasting an exceptionally wide single-aspect shop front of approximately 120 feet. The property features an extra-high ceiling of about 5 meters and is equipped with a private lift leading directly to the first-floor commercial shops. Its practical and square layout allows for highly flexible configurations.
Strategically nestled between a commercial trade zone and a vibrant residential area, this property enjoys a ...