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Mixed-Use Multifamily Building

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

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For Sale

$4,999,950

MULTI_FAMILY - New York (Manhattan), NY

Property size:

6,055 SF

Price / SF:

$825/SF

HighLights

Prime Midtown Manhattan location, just two blocks from Grand Central Terminal.
Multi‑family property with flexible usage options: triple net lease, owner‑occupied, or redevelopment.
Building size: 6,055 sq ft with a full basement.
Features a mix of apartment types: floor‑through, two‑bedroom, and studio units.
Delivered mostly vacant, offering immediate control and modification potential.
Tankless water heater.

We can help!

Contact an agent

Chintan Trivedi

For Sale

$4,999,950

MULTI_FAMILY - New York (Manhattan), NY

Property size:

6,055 SF

Price / SF:

$825/SF

Added:: Aug 29, 2024
Days on Market:: 671
Last Refresh:: Jun 30 at 2:06 pm

Property Features for 113 E 39th Street New York

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: R8B
Rooms: Basement
Parking features: On Street, Open
Basement: Full
Appliances: Tankless Water Heater
Standard status: Active
APN: 0895-0012

Utilities

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

Building Details

Year built: 1900
Floors in Building: 5
Number of units: 8
Flooring type: Combination

We can help!

Contact an agent

Chintan Trivedi

Listing agent Chintan Trivedi License #10311203986

Listing office RE/MAX In The City 5776 Mosholu Ave, BRONX, NY

Listing date Aug 29, 2024

MLS# H6324022

HighLights

Prime Midtown Manhattan location, just two blocks from Grand Central Terminal.
Multi‑family property with flexible usage options: triple net lease, owner‑occupied, or redevelopment.
Building size: 6,055 sq ft with a full basement.
Features a mix of apartment types: floor‑through, two‑bedroom, and studio units.
Delivered mostly vacant, offering immediate control and modification potential.
Tankless water heater.

Overview

This mixed-use multifamily building includes a full basement and approximately 6,055 square feet above. The first floor is configured as office space. Residential space is located on the upper floors, including one floor-through apartment on the 2nd floor, two two-bedroom apartments on the 3rd floor, one two-bedroom apartment on the 4th floor, and a combination of a rent-stabilized studio and one two-bedroom apartment on the 5th floor.

The property is located at 113 E 39th Street in Manhattan (10016). The listing notes flexibility in how the building can be delivered and operated, including scenarios where the bottom portion is retained for leasing while the upper apartments are controlled by the new owner.

For buyers and operators, the layout supports multiple ownership and leasing strategies, such as a triple net lease structure or an arrangement where the lower floors are rented while the upper units are taken over. The building can be delivered empty with the exception of two rent-stabilized tenants, offering a path to reposition the upper residential space while maintaining continuity with the existing stabilized occupancy.

Property Profile Location Intelligence

Current Use by Public Records

Lexington Foot Ankle ... Medical Clinic Kenia Capellan Physician Bell Vanessa M Medical Clinic Lexington Plastic Surgeons Medical Clinic

Suggested Use

Location Insight

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Local Demand

City: Manhattan
County: New York
State: New York
Longitude: -73.9780998
Latitude: 40.749945

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For sale
Apartment buildings
NY
Manhattan
10016
113 E 39th Street New York

What type of property is this?

Apartment building - Multi-floor building with first-floor office space and multiple apartments, including rent-stabilized units.

Where is this apartment building located?

The property is located at 113 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: Prime Midtown Manhattan location, just two blocks from Grand Central Terminal.; Multi‑family property with flexible usage options: triple net lease, owner‑occupied, or redevelopment.; Building size: 6,055 sq ft with a full basement.

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

MULTI_FAMILY - New York (Manhattan), NY

Property Features for 113 E 39th Street New York

General Information

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Commercial Condo in Chinatown/Little Italy

Sunny Ground-Level Medical Office Suite

Midtown East Office Condominium

SoHo Retail Coop Opportunity

Two-Bedroom Garden Residence

Established Shanghai Restaurant, Manhattan

Fast-Casual Burger Restaurant Franchise

Small Multi-Unit Residential Property

Two-Family Home with Two Parking

Versatile Multifamily Property in Manhattan

Legal 3-Family Brownstone

Bespoke Residences in Landmark District

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