47-49 West 55th Street

For Sale - Manhattan - Midtown Center

$16,000,000

Net Operating Income: Contact Agent

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Key Details

Property Type
Mixed Use
Neighborhood
Midtown Center
Property Dimensions
18.0 x 82.0
Property Area
13,000 sq.
Total Units:
13
Stories:
5
NOI
Contact Agent
Price
$16,000,000

Listing Description

Marcus & Millichap is pleased to offer 47-49 West 55th
Street, located between 5th Avenue & 6th Avenue in the
Midtown section of Manhattan, New York.

47-49 West 55th Street are two five-story mixed-use
buildings that consist of a combined two retail units, seven
apartments and an office unit. Together, the properties
are built 37.5 ft x 100 ft on the first and second floors,
37.5 ft x 55 ft on the third through fifth floors and sit on a
37.5 ft x 100.42 ft lot totaling approximately 13,000 gross
square feet. The property is zoned C5-P/MID allowing for
approximately 17,126 square feet of additional air rights
(Block: 1271, Lot: 14).

These properties offer investors and developers the
rare opportunity to acquire two contiguous mixed-use
buildings with 37.5 feet of frontage, approximately 17,126
square feet of additional air rights and a long-term triple
net lease in the Midtown section of Manhattan, New York.

Property Details

Block/Lot:
01271/0014
Lot Dimensions
37.5 x 100.42
Lot Area
3,766 sq.ft
Zoning:
C5-P
FAR as Built:
2.92
Max FAR:
8.0
Matt FotisMarcus & Millichap
Contact Agent Download Listing Flyer