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115 E 39Th St New York, NY 10016

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For Sale
$4,999,950

Multifamily property near Grand Central Terminal with office and medical space.

Lot size:
0.04 Acres

Property Features for 115 E 39Th St

General Information

Property type
Commercial
Standard status
Active
Lot size
0.04 Acres

Building Details

Year built
1910

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Listing Contact
Chintan Trivedi
Chintan Trivedi
Source: Elliman

Listing Agency: RE/MAX IN THE CITY Listing Agent: Chintan Trivedi

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

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Overview

Midtown Multifamily Property Near Grand Central

This multi-family property is located in Midtown Manhattan, just two blocks from Grand Central Terminal. The original building square footage is 6,254 square feet, plus a penthouse apartment. The first floor features office and medical space, while the second floor contains medical office space. The third floor includes one studio and one one-bedroom apartment, currently occupied with rent stabilized tenants. The fourth floor contains one large apartment space. The fifth floor features one studio and one one-bedroom apartment. There is flexibility for a triple net lease, with the owner renting the bottom two floors and the buyer taking over the upper apartments. The property can also be delivered empty, with the exception of two rent stabilized tenants. This property presents an opportunity to occupy, modify, or rebuild to suit specific needs.
Location Intelligence

Current Use by Public Records

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

Suggested Use

Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Daycare Center Pharmacy

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

Location Insight

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  • Local Demand
City
New York
County
New York
State
New York
Longitude
-73.9780672
Latitude
40.7499234

FAQs

What type of property is this?
Multifamily property - Multifamily property near Grand Central Terminal with office and medical space.
Where is this multifamily property located?
The property is located at 115 E 39Th St New York, 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-occupancy, or complete redevelopment.; - Existing mix of office/medical space and residential units.
More about this property
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