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Mixed-Use

315 West 46th Street

315 W 46th St, New York, NY 10036

Listing Price: $6,000,000

Cap Rate
6.70%
Number of Units
5
Occupancy
100.0%
Price/Unit
$1,200,000

Investment Overview

315 West 46th Street presents the opportunity to acquire a 3,539-square-foot, fully free-market mixed-use asset in the heart of Manhattan's renowned Restaurant Row. The property combines stable in-place income with future upside through its long-term Kyuramen retail lease and unrestricted residential component. Positioned amid one of New York City's strongest restaurant and entertainment districts, the asset benefits from exceptional foot traffic, resilient tenant demand, and limited supply. Its combination of durable cash flow, premier Midtown location, and operational flexibility makes it an attractive investment for buyers seeking both immediate yield and long-term value creation.

Investment Highlights

  • The building consists entirely of free-market units, offering investors operational flexibility, mark-to-market upside, and long-term appreciation potential without rent stabilization constraints.
  • Situated on Manhattan's iconic Restaurant Row, the property benefits from exceptional pedestrian traffic, tourism demand, and long-term retail desirability in one of Midtown's most recognized dining c
  • The ground-floor retail is anchored by Kyuramen through December 2031, generating approximately $382,000 in annual base rent and providing a durable income stream backed by an established operator.

Exclusively Listed By

  • Adam Steiner

    Licensed Real Estate Salesperson

    (212) 430-5175

    Email Adam

    License(s): NJ: 2298831, NY: 10401373472

    New York City

  • Eric M. Anton

    Licensed Associate Real Estate Broker

    (212) 430-5209

    Email Eric

    License(s): NY: 30AN0806291

    New York City

Mixed-Use

315 West 46th Street

Listing Price: $6,000,000

Cap Rate
6.70%
Number of Units
5
Occupancy
100.0%
Price/Unit
$1,200,000

Investment Highlights

  • The building consists entirely of free-market units, offering investors operational flexibility, mark-to-market upside, and long-term appreciation potential without rent stabilization constraints.
  • Situated on Manhattan's iconic Restaurant Row, the property benefits from exceptional pedestrian traffic, tourism demand, and long-term retail desirability in one of Midtown's most recognized dining c
  • The ground-floor retail is anchored by Kyuramen through December 2031, generating approximately $382,000 in annual base rent and providing a durable income stream backed by an established operator.

Investment Overview

315 West 46th Street presents the opportunity to acquire a 3,539-square-foot, fully free-market mixed-use asset in the heart of Manhattan's renowned Restaurant Row. The property combines stable in-place income with future upside through its long-term Kyuramen retail lease and unrestricted residential component. Positioned amid one of New York City's strongest restaurant and entertainment districts, the asset benefits from exceptional foot traffic, resilient tenant demand, and limited supply. Its combination of durable cash flow, premier Midtown location, and operational flexibility makes it an attractive investment for buyers seeking both immediate yield and long-term value creation.

Exclusively Listed By

  • Adam Steiner

    Licensed Real Estate Salesperson

    (212) 430-5175

    Email Adam

    License(s): NJ: 2298831, NY: 10401373472

    New York City

  • Eric M. Anton

    Licensed Associate Real Estate Broker

    (212) 430-5209

    Email Eric

    License(s): NY: 30AN0806291

    New York City

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