Marcus & Millichap - Tri Borough Multi-Family

47-49 West 55th Street

NY

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Price: $16,000,000
Building Size: 13,000 Square Feet
Property Type: Mixed-use
Exclusive Listing Team:
Matt Fotis
Tel: 212-430-5206
Matthew.Fotis@marcusmillichap.com
Sam Hoefle
Tel: 212-430-6132
Samuel.Hoefle@marcusmillichap.com
Property Status: Active
Description:

Marcus & Millichap is pleased to offer 47-49 West 55th Street, located between 5th Avenue & 6th Avenue in the Midtown section of Manhattan, New York.

47-49 West 12th Street are 2 five-story mixed-use buildings that consists of 1 retail unit. Together, the properties are built 37.5 ft x 100 ft on the first and second floors, 37.5 ft x 55 ft on the third through fifth floors and sits on a 37.5 ft x 100.42 ft lot totaling approximately 13,000 gross square feet. The property is zoned C5-P/MID (Block: 1271, Lot: 14).

This property offers investors the rare opportunity to purchase a mixed-use building with available air rights and a long-term triple net lease in the Midtown section of Manhattan, New York.