Marcus & Millichap - Tri Borough Multi-Family

689 10th Avenue

NY
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Price: $9,500,000
Building Size: 8,070 Square Feet
Property Type: Mixed-use
Exclusive Listing Team:
Matt Fotis
Tel: 212-430-5206
Matthew.Fotis@marcusmillichap.com
Samuel Hoefle
Tel: 212-430-6132
Samuel.Hoefle@marcusmillichap.com
Colton Traynham
Tel: 646-805-1433
Colton.Traynham@marcusmillichap.com
Property Status: Active
Description:

Marcus & Millichap is pleased to offer 689 10th Avenue, located on the corner of 10th Avenue and West 47th Street in the Clinton/Hell’s Kitchen section of Manhattan, New York.

The subject property, 689 10th Avenue, is a five-story mixed use building that consists of one retail unit, one 1-bedroom apartment and seven 2-bedroom apartments. The property is built 25’ 1 1/4” feet by 64’ 11” feet on the first through fifth floors and sits on a 25’ 1 1/4” foot by 100’ foot lot with approximately 8,070 gross square feet. The property is zoned R8, C2-5 allowing for approximately 2,474 gross square feet of available air rights (Block: 1076, Lot: 29)

This property offers investors, users, and developers the incredibly rare opportunity to acquire a prime corner mixed use asset with excellent retail visibility, eight free market apartments and 2,474 square feet of additional air rights located just steps from the Theater District, Restaurant Row, Times Square and Hudson Yards in the Clinton/Hell’s Kitchen section of Manhattan, New York.