Price Drop
$ 4,500,000
[9.55%]
[$ -474,900]
Building For Sale
Property Type
Active
Status
Building Details
Multi-Family
Ownership
Commercial
Building Type
0.03 Acres
Lot Size
1910
Year Built
5
Floors
Description
Unlock the potential of this strategically located multi-family property in the heart of Midtown Manhattan. Just two blocks from iconic Grand Central Terminal, this building offers endless possibilities. Original building square footage: 6,254 + PH apartment
1st-floor office and medical space
2nd floor Medical office space
3rd floor. x1 studio and x1 one-bedroom currently occupied RS
4th floor x1 large apartment space
5th floor x1 studio and x1 one bedroom apartment.
There is flexibility for a triple net lease, the owner renting the bottom two floors and the buyer taking over the upper apartments, or they can be delivered empty (with the exception of two rent stabilized tenants) to an owner with the vision to take advantage of the exciting possibilities. Great opportunity to occupy or simply modify for your needs or just rebuild into your own unique vision.
Unlock the potential of this strategically located multi-family property in the heart of Midtown Manhattan. Just two blocks from iconic Grand Central Terminal, this building offers endless possibilities. Original building square footage: 6,254 + PH apartment
1st-floor office and medical space
2nd floor Medical office space
3rd floor. x1 studio and x1 one-bedroom currently occupied RS
4th floor x1 large apartment space
5th floor x1 studio and x1 one bedroom apartment.
There is flexibility for a triple net lease, the owner renting the bottom two floors and the buyer taking over the upper apartments, or they can be delivered empty (with the exception of two rent stabilized tenants) to an owner with the vision to take advantage of the exciting possibilities. Great opportunity to occupy or simply modify for your needs or just rebuild into your own unique vision.
Listing Courtesy of RE/MAX In The City
Features
A/C
Public Sewer
Utilities
Electricity Available
Public Water Source
Water Available
Contact
Coldwell Banker Reliable Real Estate
License
Licensed As: Not Applicable
Mortgage Calculator
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Source of Information: The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. Data last updated: 07/31/2025 5:55PM
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
MLSID: KEYH6325406
