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Apartment Building With Medical Offices
For Sale
$4,999,950

115 E 39th Street New York, Manhattan, NY 10016

Commercial Sale, New York (Manhattan), NY

Property SizeContact for details
Lot Size0.04 Acres
Days on Market726

Property Features for 115 E 39th Street New York

General Information

Property type Commercial Sale
Property subtype Other
Zoning R8B
Rooms Basement
Parking features Open, On Street
Basement Full
Appliances Tankless Water Heater
Standard status Active
APN 0895-0013
Lot size 0.04 Acres

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Window Unit(s), Wall/Window Unit(s)
Water source Public

Building Details

Year built 1910
Floors in Building 5
Number of units 9
Flooring type Combination
Listing Agency: RE/MAX In The City · RE/MAX International
Listed By: Chintan Trivedi · License #996433
Added: Aug 29, 2024 Changed: Aug 20 Last Checked: Aug 24 at 8:06PM
MLS# H6325406

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1910 apartment building occupies a 0.0378-acre lot and combines residential units with office and medical-office areas. The first floor includes office and medical space, while the second and third floors are configured for medical-office use. Residential accommodations include a studio and one-bedroom apartment on the third floor, a larger apartment area on the fourth floor, and another studio plus one-bedroom apartment on the fifth floor. Two rent-stabilized tenants are currently in occupancy.

The property is located at 115 E 39th Street in New York (Manhattan), NY 10016, approximately two blocks from Grand Central Terminal. It carries R8B zoning and has public water and public sewer service. Heating is provided by forced air using natural gas, with window or wall/window cooling units. The source information also identifies open and on-street parking, a basement, combination flooring, and a tankless water heater.

Key Highlights

  • R8B‑zoned apartment building on a 0.0378‑acre lot
  • 115 E 39th Street, New York (Manhattan), NY 10016
  • Approximately two blocks from Grand Central Terminal

Property Analytics

Current Use

Catscape Productions Film Production Kettle Media Concepts, ... Film Production iWoman Media Distribution

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Buffet Butcher Locksmith Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

79,335
Businesses Nearby

Demographics for 10016, NY

62,336
Population
36,985
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
97%
High-School Grad
0.5 sq mi
ZIP Area
124,672
Density / Sq Mi
$153,065
Median Household Income
$107,691
Median Earnings
$3,321
Median Rent
$928,400
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Mixed residential and medical-office configuration with public water and sewer service in Manhattan.
Where is this apartment building located?
The property is located at 115 E 39th Street New York Manhattan, NY.
What is the asking price?
The asking price for this property is $4,999,950.
What are key features of this property?
This property features: R8B‑zoned apartment building on a 0.0378‑acre lot; 115 E 39th Street, New York (Manhattan), NY 10016; Approximately two blocks from Grand Central Terminal
More about this property
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