691 Tenth Ave - Apartments FOR SALE


New York, NY 10036- Hell's Kitchen
$5,000,000 USD
212-660-7717
691 Tenth Ave, New York, NY for Sale
$5,000,000 USD
Apartments - FOR SALE
1/12
null | 5.25% Cap Rate

691 Tenth Ave
New York, NY 10036
Hell's Kitchen


HIGHLIGHTS

  • Prime Hell's Kitchen location
  • Mixed-use investment opportunity
  • Strong pedestrian traffic
  • Surrounded by dining & entertainment

OVERVIEW

CBRE, as exclusive agent, is pleased to offer for sale 691 Tenth Avenue a five-story mixed-use walk up building located in the Hell’s Kitchen submarket of Manhattan, offering a blend of residential and retail income in a highly sought-after Midtown West location. The property comprises approximately 9,725 gross square feet and includes 20 total units, consisting of 18 residential apartments and 2 ground-floor retail spaces, providing a well-balanced and stable income profile.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$480 USD /SF

# OF UNITS

20

PRICE/UNIT

$250,000

CAP RATE

5.25%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

R8

APN/PARCEL ID

1076-0030

ASK ABOUT THIS PROPERTY

Robert ShapiroCushman & WakefieldMore Info
212-660-7717

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Robert ShapiroCushman & WakefieldMore Info
212-660-7717

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