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Mixed-Use Retail and Residential Building
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1631-1637 Park Avenue New York, Ny, NY 10029

Mixed-use building with four street-level storefronts and two vacant upper floors, including a built-out bar with basement space.

Property Size6,200 SF
Lot Size0.06 Acres
Price / SF$629.03
Days on Market212

Property Features for 1631-1637 Park Avenue New York

General Information

Standard status Active
Size 6,200 SF
Class C
Lot size 0.06 Acres
Property subtype Mixed Use
Zoning Commercial
Investment Type Value Add

Building Details

Year Built 1910
Year Renovated 2025
Buildings 1
Stories 1
Units 4
Construction Masonry
Tenancy Multi
Listing Agency: Met Business Capital
Listed By: Louis Posner · License #35PO1180533
Source: Crexi
Added: Feb 7 Changed: Aug 26 Last Checked: Sep 7 at 3:17AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Met Business Capital

Investment Insights

Based on property information with market context.

This mixed-use building is a masonry, 3-story structure with retail use at street level and two upper floors currently vacant. The ground level includes four storefront spaces; one is fully built out as a bar with basement and sub-basement. The upper two floors are vacant, and there is no internal access to these areas.

The exterior staircase permit has already been obtained, providing a path for connecting access from the street level to the upper floors. The property includes frontage of approximately 18 feet on E 116th St and approximately 80 feet on Park Ave. The site is a corner lot.

The building supports modified gross service type and has no elevators. Constructed in 1910, it is classified as a Class C building with an indicated building height of 46 feet. Smallest retail space and maximum contiguous retail space are both listed at 1,800 SF, with one retail space available.

Key Highlights

  • Mixed‑use building with four street‑level storefronts and two vacant upper floors for future build‑out or redevelopment
  • Built‑out bar on the ground floor includes basement and sub‑basement space
  • Urban GLA 1,800 SF; 3 stories; masonry construction; built in 1910; no elevators

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Law Firm Real Estate Agency Accounting Firm Acupuncture Big Box & Wholesale Store Dental Office

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

11,250
Businesses Nearby

Demographics for 10029, NY

78,141
Population
36,955
Households
2.1
Avg Household Size
36
Median Age
36%
College-Educated
78%
High-School Grad
1.2 sq mi
ZIP Area
65,118
Density / Sq Mi
$38,308
Median Household Income
$41,951
Median Earnings
$1,183
Median Rent
$818,100
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use building with four street-level storefronts and two vacant upper floors, including a built-out bar with basement space.
Where is this mixed-use property located?
The property is located at 1631-1637 Park Avenue New York Ny, NY.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: Mixed‑use building with four street‑level storefronts and two vacant upper floors for future build‑out or redevelopment; Built‑out bar on the ground floor includes basement and sub‑basement space; Urban GLA 1,800 SF; 3 stories; masonry construction; built in 1910; no elevators
More about this property
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