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Mixed-Use

716 10th Ave

716 10th Ave, New York, NY 10019

Listing Price: $6,000,000

Cap Rate
4.10%
Number of Units
4
Occupancy
100.0%
Price/Unit
$1,500,000
Price/Gross SF
$1,494.02
Gross SF
4,016

Investment Overview

716 Tenth Avenue contains one four-story mixed-use buildings consisting of three full-floor free market apartments and one retail unit. Zoned R8, C2-5, the lot dimensions are 20.08
ft. x 64 ft. and the building dimensionsare 20 ft. x 50 ft. on all floors.
All of the apartments are configured as 3-bedroom units.The property is steps from Times Square, the Jacob Javits Center and the Port Authority Bus Terminal which includes access to
the A, C and E subway lines. This opportunity is also located on the border of the city’s new Hudson Yards transformation, which is in the process of developing over 13 million square
feet of commercial, residential and communal developments.

Investment Highlights

  • Free market mixed-use building investment opportunity located in prime midtown west special Clinton District of Manhattan, New York City.
  • The R8, C2-5 allows for an as of right FAR of 6.02. There are about 3,714 square feet of additional air rights associated with this property.
  • Opportunity to acquire adjacent mixed-use building at 714 10th Avenue.

Exclusively Listed By

  • Said Boukhalfa

    Licensed Associate Real Estate Broker

    (212) 430-5149

    Email Said

    License(s): NY: 30BO1115908

    New York City

Financing By

Mixed-Use

716 10th Ave

Listing Price: $6,000,000

Cap Rate
4.10%
Number of Units
4
Occupancy
100.0%
Price/Unit
$1,500,000
Price/Gross SF
$1,494.02
Gross SF
4,016

Investment Highlights

  • Free market mixed-use building investment opportunity located in prime midtown west special Clinton District of Manhattan, New York City.
  • The R8, C2-5 allows for an as of right FAR of 6.02. There are about 3,714 square feet of additional air rights associated with this property.
  • Opportunity to acquire adjacent mixed-use building at 714 10th Avenue.

Investment Overview

716 Tenth Avenue contains one four-story mixed-use buildings consisting of three full-floor free market apartments and one retail unit. Zoned R8, C2-5, the lot dimensions are 20.08 ft. x 64 ft. and the building dimensionsare 20 ft. x 50 ft. on all floors. All of the apartments are configured as 3-bedroom units.The property is steps from Times Square, the Jacob Javits Center and the Port Authority Bus Terminal which includes access to the A, C and E subway lines. This opportunity is also located on the border of the city’s new Hudson Yards transformation, which is in the process of developing over 13 million square feet of commercial, residential and communal developments.

Exclusively Listed By

  • Said Boukhalfa

    Licensed Associate Real Estate Broker

    (212) 430-5149

    Email Said

    License(s): NY: 30BO1115908

    New York City

Financing By

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