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Luxury Multifamily Condominium Residence
For Sale
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Pending

515 9th Ave, New York, NY 10018

Built in 2012, this 108-unit luxury condominium includes 24/7 concierge, fitness amenities, and rooftop common space.

Property Size89,511 SF
Days on Market141

Property Features for 515 9th Ave

General Information

Standard status Pending
Size 89,511 SF
Property subtype Multifamily

Additional Details

Multifamily Units 108

Building Details

Year Built 2012
Tenancy Multi
Listing Agency: Compass Commercial
Listed By: Justin Natalizio · License #NY 10401310452
Source: Crexi
Added: Apr 12 Changed: Aug 21 Last Checked: Aug 29 at 11:36PM

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 Compass Commercial

Investment Insights

Based on property information with market context.

Built in 2012, this luxury multifamily condominium offers 108 residential units in a single condominium building configuration. The residences range from studios to three-bedroom apartments and are located on floors 5–12. Building amenities include a full service, 24/7 concierge, a fitness center, storage space, and a rooftop amenity.

The residential condominium shares the overall building with The Cassa Times Square hotel on floors 2–4. The building also includes retail, parking, and community facility condominiums, though only the residential condominium is included in this offering.

The property is part of a 421a tax abatement program that expires in June 2022, after which every new or expiring lease will be deregulated and transition to free-market terms.

Key Highlights

  • Built in 2012: 108‑unit luxury residential condominium within The Life at Hudson Yards
  • Residential units are located on floors 5–12 and range from studios to three‑bedroom apartments
  • Shared building also includes The Cassa Times Square hotel (floors 2–4), plus retail, parking, and community facility condominiums

Property Analytics

Current Use

Amtech cooling and heating HVAC Service LANA Luxury Apartments Apartment Building Cassa Residences Times ... Apartment Building Vyza Rooftop Nightclub Cassa Hotel Times ... Hotel & Motel

Suggested Use

Top Pick Pet Grooming Service (Bike/Boat/Book/etc) Store Buffet Adult Day Care Butcher Locksmith

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

108
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

55,039
Businesses Nearby

Demographics for 10018, NY

11,145
Population
5,678
Households
2
Avg Household Size
35
Median Age
75%
College-Educated
92%
High-School Grad
0.3 sq mi
ZIP Area
37,150
Density / Sq Mi
$133,042
Median Household Income
$103,655
Median Earnings
$3,501
Median Rent
$947,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Built in 2012, this 108-unit luxury condominium includes 24/7 concierge, fitness amenities, and rooftop common space.
Where is this apartment building located?
The property is located at 515 9th Ave New York, NY.
What are key features of this property?
This property features: Built in 2012: 108‑unit luxury residential condominium within The Life at Hudson Yards; Residential units are located on floors 5–12 and range from studios to three‑bedroom apartments; Shared building also includes The Cassa Times Square hotel (floors 2–4), plus retail, parking, and community facility condominiums
More about this property
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