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Five-Story Walk-Up Apartment Building
For Sale
Contact for pricing
Pending

220 E 49th St, New York, NY 10017

Ten-unit five-story walk-up with nine one-bed units and one studio, including three rent-stabilized residences.

Property SizeContact for details
Days on Market134

Property Features for 220 E 49th St

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 10

Amenities

private garden

Building Details

Stories 5
Listing Agency: Leslie J Garfield
Listed By: Thomas Wexler · License #NY
Source: Crexi
Added: Apr 11 Changed: Aug 12 Last Checked: Aug 19 at 10:13PM

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 Leslie J Garfield

Investment Insights

Based on property information with market context.

This ten-unit, five-story walk-up apartment building includes nine one-bedroom units and one studio unit. The current unit mix is comprised of three rent-stabilized units and seven free-market units. The property also offers the flexibility for an owner to occupy and/or combine the entire first floor for personal use.

The first-floor space includes a private 525 square foot south-facing garden. The three rent-stabilized units are rented at approximately 65% of fair market value, creating a path for future income growth based on the stated pricing relationship.

Overall, the building provides a straightforward residential income configuration with an added live-and-income option through the first-floor layout and garden amenity.

Key Highlights

  • Ten‑unit, five‑story walk‑up with nine 1‑bedroom units and one studio unit
  • Unit mix includes three rent‑stabilized and seven free‑market residences
  • First floor can be occupied and/or combined for personal use

Property Analytics

Current Use

Ialana Law Firm Encore Community Services Community Center Encore 49 Residence Charitable Organization Ronald D Hariri ... Law Firm Da Marino NYC Restaurant

Suggested Use

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

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

10
Residential units

Location Intelligence

Trade Area within ½ mile

64,721
Businesses Nearby

Demographics for 10017, NY

17,401
Population
12,866
Households
1.4
Avg Household Size
38
Median Age
85%
College-Educated
97%
High-School Grad
0.3 sq mi
ZIP Area
58,003
Density / Sq Mi
$132,518
Median Household Income
$94,214
Median Earnings
$2,980
Median Rent
$808,200
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 - Ten-unit five-story walk-up with nine one-bed units and one studio, including three rent-stabilized residences.
Where is this apartment building located?
The property is located at 220 E 49th St New York, NY.
What are key features of this property?
This property features: Ten‑unit, five‑story walk‑up with nine 1‑bedroom units and one studio unit; Unit mix includes three rent‑stabilized and seven free‑market residences; First floor can be occupied and/or combined for personal use
(212) 448-7474 Call to check price and availability
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