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Five-Story Mixed-Use Townhouse
For Sale
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1479 1st Avenue, New York, NY 10075

Upper levels combine a renovated two-bedroom apartment with a triplex residence and flexible live-work potential.

Property SizeContact for details
Days on Market146

Property Features for 1479 1st Avenue

General Information

Standard status Active
Property subtype Retail, Multifamily, Mixed Use

Additional Details

Multifamily Units 2

Amenities

chef's kitchen
Jacuzzi tub
steam shower
wooden deck with wet-bar

Building Details

Buildings 1
Stories 5
Listing Agency: Signature Partners
Listed By: Michael Pinney · License #NY 40PI1018647
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 11:50AM

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 Signature Partners

Investment Insights

Based on property information with market context.

This five-story, 19th Century townhouse combines restaurant and residential uses across a mixed-use layout. The upper three floors were converted to residential use, including a renovated second-floor two-bedroom apartment and a top-floor triplex. The triplex includes a stainless steel chef’s kitchen with Thermador, Sub-Zero, and Bosch appliances, an open great room, three bedrooms, walk-in closets, built-ins, and private bathrooms with Jacuzzi tubs. The penthouse level adds an indoor Jacuzzi, steam shower, and wooden deck with wet bar.

The ground floor is currently occupied by Spice Thai restaurant and will be delivered vacant. Heating and cooling systems were fully replaced in 2016. Located at 1479 1st Avenue in New York’s Upper East Side, the property supports a combination of residential occupancy, restaurant use, and live-work functionality.

Key Highlights

  • Five‑story, 19th Century mixed‑use townhouse at 1479 1st Avenue
  • Upper three floors converted for residential use
  • Renovated second‑floor two‑bedroom apartment

Property Analytics

Current Use

Spice Thai Restaurant

Suggested Use

Top Pick Daycare Center Law Firm Nursing Home Accounting Firm Auto Parts Store Barber Shop

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

24,726
Businesses Nearby

Demographics for 10075, NY

27,796
Population
16,415
Households
1.7
Avg Household Size
41
Median Age
85%
College-Educated
98%
High-School Grad
0.2 sq mi
ZIP Area
138,980
Density / Sq Mi
$146,556
Median Household Income
$112,549
Median Earnings
$2,390
Median Rent
$1,097,800
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Upper levels combine a renovated two-bedroom apartment with a triplex residence and flexible live-work potential.
Where is this mixed-use property located?
The property is located at 1479 1st Avenue New York, NY.
What are key features of this property?
This property features: Five‑story, 19th Century mixed‑use townhouse at 1479 1st Avenue; Upper three floors converted for residential use; Renovated second‑floor two‑bedroom apartment
(212) 813-3573 Call to check price and availability
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