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.