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    315 W 46Th St, Unit New York Manhattan, NY 10036

    For Sale
    $7,950,000

    Other - New York (Manhattan), NY

    Property size:
    3,539 SF
    Lot size:
    0.05 Acres
    Days on Market:
    170
    Last Refresh:
    Dec 11 at 6:06 am

    Property Features for 315 W 46Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    APN
    1037-0024
    Basement Y/N
    1
    Size
    3,539 SF
    Lot size
    0.05 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1910
    Building materials
    Brick
    Architectural style
    Other

    WINZONE REALTY INC. [email protected] [email protected]

    Listing agent Victoria Chang HOMES368@GMAILCOM License #40ZH1068891

    Listing date Jun 25, 2025

    MLS# 880436 Listing URL

    Copyright © 2025 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.

    Overview

    Manhattan Mixed-Use Property For Sale

    This mixed-use property in New York (Manhattan) features a configuration of 4 residential units and 1 retail storefront. The building has an approximate area of 3,540 square feet across 3 stories, situated on a lot measuring 20 x 100.42 feet with a building footprint of 20 x 50 feet. The property is zoned R8 (High-Density Residential) with a C1-5 Commercial Overlay, allowing for a residential FAR of up to 6.02, potentially enabling a building of approximately 12,000 square feet. The commercial FAR is 2.0 within R8, resulting in a combined FAR equal to the higher of the two. The property offers over 12,000 square feet of potential space, suitable for expansion, redevelopment, or mixed-use conversion. It provides immediate cash flow with long-term tenants, plus two vacant units for flexible use. The annual gross income is $465,000, with annual property taxes of $96,000. The location is in the Midtown core, minutes from Broadway, Times Square, transit, dining, and entertainment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Permanent Mission Of The United ... Foreign Consulate Kyuramen - Times Square Ramen Restaurant TBaar - Times Square Bubble Tea Store Vodka Soda Bottoms ... Bar

    Suggested Use

    Restaurant Realty agency Hair Salon Spa & Massage Nail Salon Dental Office Food Market Grocery Store Daycare Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Manhattan
    County
    New York
    State
    New York
    Longitude
    -73.9887007
    Latitude
    40.7602312

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with development potential in Midtown Manhattan.
    Where is this mixed-use property located?
    The property is located at 315 W 46Th St, Unit New York Manhattan, NY.
    What is the asking price?
    The asking price for this property is $7,950,000.
    What are key features of this property?
    This property features: - Prime Midtown core location, minutes from Broadway and Times Square.; - High-Density Residential Zoning (R8) with Commercial Overlay (C1-5) allows for over 12,000SF of buildable area.; - Turn-key income with existing tenants and immediate cash flow.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    315 W 46Th St, Unit New York Manhattan, NY 10036
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