Midtown West Portfolio FOR SALE


New York, NY - Hudson Yards
$10,000,000 USD
212-776-4367
, New York, NY for Sale
$10,000,000 USD
FOR SALE
1/1
null | 6.2% Cap Rate

Midtown West Portfolio
New York, NY
Hudson Yards


OVERVIEW

Douglas Elliman Commercial has been retained on an exclusive basis to secure the sale of two walk-up rent stabilized buildings and a adjacent parking lot development site located in the Midtown West / Hudson Yards neighborhood. 507 Ninth Avenue and 509 Ninth Avenue are comprised of 16 apartments with a total building area of approximately 16,640 square feet. 405 West 38th Street has been operating as a parking lot serving Lincoln Tunnel commuters for many profitable years. The site can continue as a Licensed Parking Lot or can be development. There are approximately 19,168 buildable square feet. The properties are situated at the Northwest corner of West 38th Street and Ninth Avenue, adjacent to the Dyer Deck-Over in support of Port Authority rebuild. The opportunity offers an investor and development company early access to what will be the next enhancement of Manhattan West connecting to the waterfront at Hudson Yards.

ASK ABOUT THIS PROPERTY

Louis PuopoloDouglas Elliman Commercial Real EstateMore Info
212-776-4367

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Louis PuopoloDouglas Elliman Commercial Real EstateMore Info
212-776-4367

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