54 W 31st St - Storefront Retail/Residential FOR SALE


New York, NY 10001- NoMad
$12,000,000 USD
212-300-3869
54 W 31st St, New York, NY for Sale
$12,000,000 USD
Storefront Retail/Residential - FOR SALE
1/6
null | Request Cap Rate

54 W 31st St
New York, NY 10001
NoMad


OVERVIEW

54-56 West 31st Street presents a rare opportunity to acquire a vacant commercial property in the heart of Midtown Manhattan. Formerly comprised of two separate buildings, the property has since been combined into a single building and tax lot, offering approximately 9,100 square feet, including the cellar level, across multiple floors and a highly desirable rooftop component. The property was formerly home to O’Reilly’s Irish Pub, a well-known Midtown Manhattan establishment that served patrons for decades and became a familiar destination for residents, commuters, sports fans, and visitors to the Penn Station and Madison Square Garden district. The rooftop component further distinguished the property and contributed to its longstanding presence within the neighborhood. (Manhattan Sideways) Delivered vacant and in shell condition, the property provides exceptional flexibility for repositioning, hospitality, restaurant, entertainment, retail, owner-user occupancy, or other value-add opportunities. Strategically located between Penn Station, Madison Square Garden, Herald Square, and Koreatown, the asset benefits from one of Manhattan’s most active commercial corridors and substantial pedestrian traffic. Asking Price: $12,000,000 For additional information or to arrange a private tour, please contact: Paul Son, Broker pson@findrealestate.com (212) 300-3869 Julie Lee, Broker julie@findrealestate.com (212) 719-5315

FOR SALE DETAILS

PRICE

$12,000,000 USD

PRICE/SF

$1,319 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

C6-4X

APN/PARCEL ID

0832-0076,0832-0077

ASK ABOUT THIS PROPERTY

Paul SonFIND Real Estate LLCMore Info
212-300-3869

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Paul SonFIND Real Estate LLCMore Info
212-300-3869

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.