Mixed-Use

24 West 56th Street

Listing Price: $7,800,000

Cap Rate
4.40%
Number of Units
6
Occupancy
100.00%
Price/Unit
$1,300,000
Price/Gross SF
$974.03
Gross SF
8,008

Investment Overview

Marcus & Millichap is pleased to offer 24 West 56th Street, a five-story, mixed-use, walk-up building located between Fifth Avenue and Sixth Avenue in Midtown.   The building contains a gross square footage of 8,008 SF.  It is built 22 ft by 91 ft and sits on a 22 ft x 100.42 ft lot (Block: 1271 Lot: 53).  The property is zoned C5-P, MiD.

Investment Highlights

  • This mixed-use asset presents investors with the rare opportunity to acquire a building in the heart of Midtown that has been owned and managed by the same family for 20+ years
  • The property is comprised of five residential units and one retail unit spanning two floors
  • 48 West 55th Street also sits in close walking distance to the 1, N, Q, R, W, 4, 5, 6, B, D, F, M subway lines

Exclusively Listed By

Listing Price: $7,800,000

Cap Rate
4.40%
Number of Units
6
Occupancy
100.00%
Price/Unit
$1,300,000
Price/Gross SF
$974.03
Gross SF
8,008

Investment Highlights

  • This mixed-use asset presents investors with the rare opportunity to acquire a building in the heart of Midtown that has been owned and managed by the same family for 20+ years
  • The property is comprised of five residential units and one retail unit spanning two floors
  • 48 West 55th Street also sits in close walking distance to the 1, N, Q, R, W, 4, 5, 6, B, D, F, M subway lines

Investment Overview

Marcus & Millichap is pleased to offer 24 West 56th Street, a five-story, mixed-use, walk-up building located between Fifth Avenue and Sixth Avenue in Midtown.   The building contains a gross square footage of 8,008 SF.  It is built 22 ft by 91 ft and sits on a 22 ft x 100.42 ft lot (Block: 1271 Lot: 53).  The property is zoned C5-P, MiD.

Exclusively Listed By

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