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    314 W 52Nd St New York, NY 10019

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    For Sale
    $6,500,000

    Five-story mixed-use building in Midtown West with commercial and residential.

    Lot size:
    0.04 Acres

    Property Features for 314 W 52Nd St

    General Information

    Lot size
    0.04 Acres

    Building Details

    Year built
    1910

    Source: Douglas Elliman Real Estate Agent Roi Nagar

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Midtown West Mixed-Use Building

    This five-story, prewar mixed-use building features one commercial unit and five free-market residential units. The ground floor is occupied by a restaurant with access to the basement, back, and side yard. The second, fourth, and fifth floors each contain one oversized two-bedroom, two-bath apartment. The third floor has two units: a studio apartment and a one-bedroom apartment with a terrace. All apartments include a full kitchen and full bathroom and are individually metered for electricity only, with electric stoves. The walk-up building is equipped with a gas furnace for heat and electric hot water heaters. Located in the heart of Midtown West, the property is steps away from Times Square, Central Park, 9th Avenue restaurants, and various subway lines. The property presents a prime investment opportunity due to its free-market units. Potential added value includes converting the larger apartments into three-bedroom units and/or adding individual HVAC systems to each apartment.
    Insight Report Location Intelligence

    Current Use by Public Records

    Cha Pa's Noodles ... Vietnamese Restaurant inCube Arts Non-Profit Organization

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -74.015513
    Latitude
    40.6462927

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    FAQs

    What type of property is this?
    Mixed-use property - Five-story mixed-use building in Midtown West with commercial and residential.
    Where is this mixed-use property located?
    The property is located at 314 W 52Nd St New York, NY.
    What is the asking price?
    The asking price for this property is $6,500,000.
    What are key features of this property?
    This property features: - Prime Midtown West location, steps from Times Square, Central Park, 9th Avenue restaurants, and major subway lines.; - Free market units offering significant investment potential.; - Opportunity to increase value by converting larger apartments into three-bedroom units.
    (212) 319-2327
    Request Owner's contact information
    314 W 52Nd St New York, NY 10019
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    New York, NY 10019
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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
    314 W 52Nd St New York, NY 10019
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